Top section
Top section
A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
More articles
More articles
More articles
-
Polish synthetic rubber group Synthos announced a €500m high yield bond on Tuesday, following its recent agreement to buy two specialist rubber businesses from Trinseo for $449m. It will fund the acquisition through cash but it launched the new bond to pay down its existing term loan and put in place a more flexible capital structure, including an increased €500m revolving credit facility. -
China’s state-owned Zijin Mining Co is once again attempting to boost its relationship with international banks with a new $500m loan in syndication.
-
Debut Chinese borrowers are steadily returning to the dollar loan market, taking advantage of economic recovery in the country to raise money to finance their capital expenditure.
-
Country Garden Services Holdings rode on strong institutional investor demand to raise $2bn from a combined equity placement and convertible bond issue this week.
-
Frasers Logistics & Commercial Trust has raised S$335.8m ($253.05m) after pricing a placement of new units at the top of the marketed range.
-
Three Chinese borrowers and one Hong Kong issuer hit the international bond market on Monday, getting ahead of a pick-up in deal flow expected in the rest of the week.
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
