Register Now For a 14-Day Free Trial to Search and
Track Corporate Dollar Bonds
(no card details are required)
Cathay’s Dollar Bond Jumps 3 Points as Hong Kong Plans Easing Travel Curbs
Dollar Bonds of Cathay Pacific rallied over 4 points on news that Hong Kong plans to ease its travel curbs. This included lifting of its flight ban on 9 countries and relaxing mandatory quarantine to 7 days from 14. In early March, Cathay had said that capacity of its...
Carnival Forecasts 2022 Loss on Fuel Price Surge
US cruise operator Carnival Corp reported a net loss of $1.9bn in Q1, citing that the spread of the Omicron variant impacted bookings. It ended Q1 with $7.2bn of liquidity, including cash, short-term investments and borrowings available under the company's revolving...
SPH Shareholders Vote in Favour of Cuscaden Takeover Offer
Shareholders of Singapore Press Holdings (SPH) voted in favor of the Cuscaden Peak consortium's takeover offer, at an EGM. About 89.2% of SPH's shareholders vote in favor and a majority also voted for the proposed distribution in-specie of SPH REIT units under the...
El Salvador Postpones Debut Volcano Bonds Issuance
El Salvador postponed the debut issuance of its public tokenized dollar bond called “Volcano Bonds”. The bonds were expected to be issued last week but got postponed as the government said it looking for better market conditions. The issuance could be delayed until...
HSBC, Indonesia Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets erased early gains with the S&P closing flat and Nasdaq down 0.4%. Sectoral gains were led by Energy, up 3.8% while losses were led by Consumer Discretionary and Communication Services, down over 0.8% each. In a speech to the National Association...
Sri Lanka in Talks for $2.5bn Credit Support from China
Sri Lanka is said to have been in talks with China for credit support. The Chinese ambassador to Sri Lanka official said that the country was considering offering a $1.5bn credit facility and were also discussing a separate loan of up to $1bn which the Sri Lankan...
Evergrande, Sunac, Ronshine Unable to Publish Annual Results by end-March
China Evergrande said that it would not be able to publish its annual results by end-March 2022 citing that audit work was yet to be completed. Due to the events that unfolded in H2 2021, Evergrande said that a large number of audit procedures were added. It said that...
IIFL Finance Plans to Buy Back Dollar Bonds
Indian diversified financial services company IIFL Finance, has approved the buy-back of its 5.875% dollar bonds due 2023, from its bondholders up to a maximum amount of $50mn in nominal value. IIFL Finance is financing the buyback through an offshore short-term...
Alibaba Board Increases Buyback Program to $25bn through 2024
Chinese e-commerce giant Alibaba has increased its share buyback program to $25bn, which will be conducted till March 2024. Alibaba's share buyback program is its largest till date and tops its $15bn buyback program in August 2021. Last week, China announced its...
