Register Now For a 14-Day Free Trial to Search and
Track Corporate Dollar Bonds
(no card details are required)
CapitaLand Launches S$ Bond; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets moved higher to start the week with the S&P and Nasdaq up 0.8% and 1.9% each. Sectoral gains were led by Consumer Discretionary and Communication Services up over 2%. US 10Y Treasury yields moved 2bp higher to 2.40%. European markets were higher...
Sri Lanka’s Dollar Bonds Drop as Default Fears Rise
Sri Lanka's dollar bonds dropped 2-4 points as default fears rose amid the economic crisis that the country is facing. In particular its near term bonds due July 25, 2022 dropped 4 points evidencing the negative sentiment. With 26 cabinet ministers resigning and...
Half of China’s Big Banks Cut Property Sector Lending; Evergrande to Pay Creditor Fees
More than half of China's big banks reduced their exposure to the property sector last year, as per Asia Nikkei. 17 out of 32 leading banks listed on the HKEX including China CITIC Bank and China Minsheng Bank (the largest state-owned and private-owned banks...
Central China Real Estate Downgraded to B3; COGARD Outlook Negative
Central China Real Estate (CCRE) was downgraded to B3 from B1 due to its "weakened liquidity and heightened refinancing risks". As of December 2021, offshore debt amounted to 70% of CCRE's total debt that includes $500mn due in August 2022 and $300mn due in April...
HDFC to Merge with HDFC Bank
India’s largest housing finance company HDFC Ltd. will merge with India's largest private sector bank by assets HDFC Bank. The subsidiary and associates of HDFC Ltd. will now come under HDFC Bank. Shareholders of HDFC Ltd. will receive 42 shares of HDFC Bank for every...
Vodafone Raises Stake in India’s Vi to 47.61% for ~$600mn
British telecom giant Vodafone has increased its stake in its struggling Indian arm Vodafone Idea from 44.39% to 47.61% through its subsidiary Prime Metals and Euro Pacific Securities. The company allotted 3.38bn shares at INR 13.3/share (including a premium of INR...
Lendlease Commercial REIT Launches S$ Bond; Macro; Rating Changes; New Issues; Talking Heads; Gainers and Losers
US equity markets recovered slightly on Friday with the S&P and Nasdaq up 0.3% each. Sectoral losses were led by Real Estate, up over 2%. US 10Y Treasury yields moved 4bp higher to 2.38%. The yield curve has now inverted with the 2s10s and 5s30s at -6bp and -12bp...
The Week That Was (28 Mar – 03 Apr)
US primary market issuances fell to $25bn vs. $32bn in the week prior. Investment grade (IG) corporates once again took the chunk of issuances, with $20bn of deals while high yield (HY) issuance stood at $3bn. The largest IG deals were led by Corebridge Financial's...
Oman Upgraded To BB- From B+ by S&P on Improved Fiscal And Debt Trajectory
Oman was upgraded to BB- from B+ by S&P. This comes on the back of improving fiscal and debt trajectory. S&P expects Oman to benefit from higher oil prices given its reliance hydrocarbon products alongside the government's ongoing reforms. Reforms like new tax...
