Top section
Top section
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Issuer closes its first overseas trade since Moody's downgrade in May
Data
More articles
More articles
More articles
-
Hong Kong's CK Asset Holdings, previously known as Cheung Kong Property Holdings, marketed a dual tranche deal worth $600m on Wednesday.
-
Panama sold $2bn of bonds across two tranches on Wednesday, including a $1.25bn 10 year local bond that was priced over 85bp wide of its global curve. Most observers thought it was an attractive pick-up for investors.
-
Chinese property company Leading Holdings Group has made its debut in the dollar market with a sub-one year bond.
-
Mexican car parts maker Nemak sold $500m of sustainability-linked bonds on Wednesday in its first issue since it was spun off from conglomerate Grupo Alfa. Nemak’s deal was priced 25bp inside a recent SLB from its similarly rated peer Metalsa.
-
Ahead of what is expected to be a long, dry summer in the primary covered bond market, Korean Housing Finance Corporation (KHFC) and Caffil were out on Wednesday with €1bn new issues.
-
The Republic of Slovenia was selling its third bond of the year on Wednesday — a debut sustainability offering. The sovereign, which many investors categorise alongside western European investment grade sovereigns, was set to price the deal tight.
Sub-sections
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
-
Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
-
-
Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa