Register Now For a 14-Day Free Trial to Search and
Track Corporate Dollar Bonds
(no card details are required)
Tencent Faces Possible Record Fine
Tencent Holdings faces a potential "record fine for violations of some central bank regulations by its WeChat Pay mobile network", according to the Wall Street Journal. Chinese financial regulators noticed that WeChat Pay had flouted China’s anti-money-laundering...
Keppel REIT Bondholders Exercise Put Option to Redeem S$146.5mn Convertible Bonds
Keppel REIT's bondholders holding S$146.5mn in principal of its 1.9% convertible bonds due 2024, exercised their put options to redeem the bonds. The REIT manager said that they will fund the redemption will through existing available loan facilities and that the move...
BOCOM HK, CICC HK Launch $ Bonds; Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets ended lower again on Friday with the S&P and Nasdaq closing 1.3% and 2.2% lower. US 10Y Treasury yields inched up 5bp to 2.04%. European markets dropped after a strong rally on Wednesday - the DAX, CAC and FTSE were down 1.4%, 0.9% and 0.8%...
The Week That Was (7 – 13 March, 2022)
US primary market issuances picked-up to a massive $55bn vs. $43bn in the week prior, primarily driven by AT&T-Discovery's jumbo $30bn 11-part deal, the fourth largest bond deal ever in corporate issuance history. Investment grade (IG) corporates once again...
Sri Lanka to Begin IMF Talks in April
Sri Lanka will begin talks with the IMF starting from April 2022 as the island nation reels on the back of dwindling forex reserves. This comes after sources on Friday said that the country was open to seeking an IMF loan. In January, Sri Lanka had ruled out an IMF...
COGARD Repurchases Notes; Logan Subsidiary Sells 100% Stake in Company; Sunac Gets RMB Bond Put Date Approval
Country Garden completed a buyback of $1.6mn of its 4.75% July 2022s and $8mn of its 4.75% January 2023s since December 30, 2021. Total repurchases of its 2022s, 2023s and 2026s stand at $45.7mn thus far. COGARD said that it will continue to repurchase its bonds "as...
Vedanta’s Cairn Oil & Gas to Spend $4bn to Triple Oil Production
Vedanta Ltd.'s merged unit Cairn Oil and Gas plans to spend ~$4bn over the next three years to triple its oil production. Prachur Sah, deputy CEO of Cairn said, "Our target is to reach half a million production in a very short time by doing these investments. This...
BPCL Launches Consent Solicitation
Bharat Petroleum Corporation Limited (BPCL) has launched a consent solicitation on its 4.625% 2022s, 4% 2025s and 4.375% 2027s to amend certain terms for a proposed amalgamation of two subsidiaries. BPCL is in the process merging wholly-owned subsidiaries Bharat Oman...
WeWork Guides for at least 30% Jump in 2022 Revenues
WeWork has guided for at least a 30% jump in its 2022 revenues amid increasing demand for office space as a switch to a hybrid model of work takes place. WeWork said that it expects 2022 revenues between $3.35-3.5bn, a 30-36% YoY rise over its 2021 revenue. WeWork...
