Korea’s Naver Plans Dollar Bonds & IPO
South Korea’s Naver Corporation, which runs an online search engine, plans to go global, looking at issuing more dollar denominated debt and a possible IPO listing in the US. Naver had issued its debut dollar bond of $500mn just last month and is now considering...
CCB Leasing, Yunnan Const., Doosan Infracore Launch $ Bonds; Tata Steel Outlook Negative; SB Energy Cancels Bond on Tepid Demand
Asian markets are opening with a risk-off tone after a late sell-off in Wall Street triggered when California reversed its policy for reopening the economy. Increasing tensions between the US and China over the South China Sea also weighed on sentiment. Major indices...
Socgen & Weibo Launch $ Bonds; Takeda Raises $11bn via Jumbo Bond Sale
Wall Street rallied overnight despite no positive news except for US pending home sales, which rose by 44.3% month on month. Concerns over the virus still remain, but it looks like the bears in the market are still at bay. The Fed launched its Primary Market Corporate...
SIA Bonds Upsized to S$750 million Following Strong Investor Interest
Singapore Airlines (SIA) has completed its S$750 million 5-year bond offering at 3.03%, with a placement tranche of S$300 million and a tranche placed to retail investors of S$450 million. The 5-year bonds had been upsized from S$500 million following strong demand...
