Register Now For a 14-Day Free Trial to Search and
Track Corporate Dollar Bonds
(no card details are required)
Boeing Bonds Under Pressure After Grounding of 737 Max 9
Boeing's bonds were under pressure on Monday after a fuselage panel blew-off in a Boeing 737 Max-9 airline mid-flight. Post the incident, the FAA ordered all of the 171 Boeing's Max-9 variants to be grounded temporarily for further inspections and to determine the...
Argentina’s YPF Eyes Return to Bond Market Amid Buyback Offer
Argentine state-owned energy company YPF SA could return to the global bond market and issue $1bn in 7Y bonds secured by its export revenues, according to sources. The new bond issue will help the company complete the bond buyback offer, announced last Friday (5 Jan...
US Treasury Yields Inch Up Higher on Strong NFP Data
US Treasury yields shifted higher by 4-5bp after a solid jobs report on Friday that indicated signs of strength in the labor market. US NFP for December 2023 was 216k, higher than the surveyed 175k and last month's revised 173k. Unemployment was at 3.7%, lower than...
SouthWestern and Chesapeake Energy Close in on $17bn Merger – Sources
SouthWestern Energy and Chesapeake Energy are close to a merger and a deal could come early next week, according to the story reported by Wall Street Journal. As of Friday, SouthWestern had a market cap of close to $7bn while Chesapeake's market cap was slightly over...
The Week That Was (01 – 07 January, 2024)
US primary market started the year with $34.4bn in new deals as IG issuers racked up $33.3bn of the total amount. IG deals were led by PacifiCorp's $3.8bn four-part deal, followed by Ford Motor Credit, Hyundai Captial America and Toyota Motor Credit raising $2.5bn...
Zhongzhi Enterprise Files for Bankruptcy
Zhongzhi Enterprise Group Co., one of China's top wealth management firm has filed for bankruptcy due to the inability to repay its debts, according to a statement from a court in Beijing. Earlier in November, the Chinese authorities had opened criminal investigations...
Vedanta’s Dollar Bonds Jump Higher on Debt Amendment Approval
Dollar bonds of Vedanta Resources have jumped across the curve after its proposal to change the terms of its bonds was approved by holders. The change involved partial upfront cash payments, revised coupons and maturity extensions, which got approval from holders...
StanChart, KEXIM, NatWest Price $ Bonds
US Treasury yields shifted higher by 6-8bp yesterday after economic data indicated some signs of strength. Initial jobless claims in the US dropped by 18k to 20k, below estimates of 216k. US ADP private payrolls increased 164k last month, the most since August. Whilst...
Cinda AMC Downgraded to A- by Fitch
China Cinda AMC was downgraded by a notch to A- by Fitch. Alongside, Fitch also downgraded the other three national AMCs - China Orient AMC, China Huarong AMC and China Great Wall AMC by a notch to A-, BBB and BBB respectively. The downgrade reflects Fitch's reduced...
