by bondevalue | Jun 29, 2018 | China, China, Financial News, High Yield Bonds, Investment Grade Bonds
In more negative news for China’s developers, the National Development and Reform Commission (“NDRC”) is considering a ban on the sale of dollar bonds with tenors of less than 1 year. Over the past 2 years, the country’s real estate companies...
by bondevalue | May 22, 2018 | China, Financial News, Investment Grade Bonds
China Vanke Co. (“Vanke”) priced a 5-year U.S. dollar floating rate bond at the end of last week amid volatile markets characterised by rising funding costs resulting from a deluge of supply from the China real estate sector. Chinese developers have been...
by bondevalue | Mar 8, 2018 | China, Financial News, Investment Grade Bonds
China National Chemical Corporation (ChemChina) priced a 6-tranche transaction yesterday, comprising of US dollar-denominated bonds in 5 tenors as well as a Euro-denominated bond. Leading up to the sale, the state-owned company’s US dollar curve sold off as investors...
by bondevalue | Mar 5, 2018 | China, China, Financial News, High Yield Bonds, Investment Grade Bonds
The China Securities Regulatory Commission has announced that domestic and overseas companies, including government-backed institutions in countries along the Belt and Road (B&R), seeking to fund the B&R initiative, would be allowed to issue bonds via...
by bondevalue | Feb 5, 2018 | China, Financial News, Global, HomePage, Investment Grade Bonds
Alibaba Group Holding Ltd.’s 40-year bond, maturing in 2057, posted the biggest losses year-to-date among Asian dollar bonds, as the Chinese e-commerce giant’s shares fell the most in 18-months, reducing its market capitalisation by US$30 billion late last week....
by bondevalue | Jan 15, 2018 | China, Financial News, HomePage, Investment Grade Bonds
Tencent Holdings Ltd. sold US$5 billion in bonds last week, in 3 tenors spread over 4 tranches. This was the A2-rated Chinese Internet company’s biggest U.S. dollar offering and its first debt issue since February 2015 when a total of $2.1 billion of bonds was...
