by bondevalue | May 24, 2021 | Financial News, High Yield Bonds, India
India’s largest steel producer, JSW Steel reported its highest ever quarterly revenues in its earnings announcement on Friday. The steel giant’s revenues from operations rose 51% YoY to INR 269.3bn ($3.7bn) for Q4 ended March, and were up 9% YoY for FY21...
by bondevalue | May 11, 2021 | High Yield Bonds, India
JSW Hydro Energy (JSWH) raised $707mn via a debut 10Y non-call 5Y (10NC5) green bond at a yield of 4.125%, 37.5bp inside initial guidance of 4.5% area. The bonds have expected ratings of Ba1/BB+, and received orders over $3bn, 4.2x issue size. Asia took 64%, EMEA 22%...
