by Amruth Sundarkumar | Feb 3, 2023 | High Yield Bonds, India
Track the latest bond prices of Adani Group by clicking on the bonds below Bond Bond Price (03-Feb-2023) Adani ICT 3% 2031 69.9 Adani Transmission 4.25% 2036 67.5 Adani Ports and SEZ 5% 2041 63.5 Adani Ports and SEZ 3.1% 2031 64.0 Adani Ports and SEZ 3.828% 2032 64.6...
by Amruth Sundarkumar | Feb 2, 2023 | China, High Yield Bonds
Dalian Wanda Group is said to be in discussions to secure an offshore loan to pay its $350mn 8,875% dollar bond due on March 21, as per sources. They noted that the company was in talks with ICBC and that the financing would be backed by onshore assets of Wanda. In...
by Amruth Sundarkumar | Feb 2, 2023 | Corporates, High Yield Bonds
French retailer Casino Guichard and Teract SA, a European leader in sustainable, alternative and responsible distribution are in talks to merge their French retail operations. Talks are in exploratory stages and no conclusion has been made, Casino Guichard noted....
by Amruth Sundarkumar | Feb 1, 2023 | High Yield Bonds, Insights, Investment Grade Bonds
The month of January saw a massive turnaround in fortunes for bond investors as 92% of dollar bonds in our universe delivered a positive price return (ex-coupon), owing largely to the fall in benchmark yields. This comes after a 10-month-long losing streak until...
by Amruth Sundarkumar | Feb 1, 2023 | Corporates, High Yield Bonds, India
Vedanta Ltd. has decided to halt plans to sell Sterlite Copper, its copper smelter in Tamil Nadu, India, as per sources. While the initial planned size of the sale was not known, Sterlite has operated a 400,000 MTPA smelter and was responsible for 36% of India’s...
by Amruth Sundarkumar | Jan 30, 2023 | High Yield Bonds, Interest Rate Trends, Investment Grade Bonds
US primary market issuances stood at $27.7bn last week vs. $19.4bn a week prior. IG issuances stood at $23.2bn led by US Bancorp’s $3.65bn and Truist Financial’s $3bn two-trancher issuances each. HY issuances stood at $2.9bn led by Caesar...
