Primary Credit Watch
- Golden Agri-Resources Gets SGD175m Orders for SGD125m Bonds
Priced at 5.5%, IPT mid-5%.
SGD175m orders
- United Envirotech to Sell SGD 3Y Bonds, IPT 5% Area
Issuer: United Envirotech
Unrated
Reg S
Redemption of Change of Control: In the event of a change of control (including CITIC and/or its affiliates reducing their shareholding below 50.1%), the issuer shall, at the option of bondholders, redeem the note at 101%
- Korea Resources to Sell $Bench 5Y Bonds, IPT +115bp Area
Issuer: Korea Resources Corp.
Issuer ratings: Aa3/A+/–
Expected ratings: Aa3/A+/–
144A/Reg S
JBRs: BNP Paribas, Citigroup, HSBC
- Jingrui Holdings to Sell USD 3Y Reg S Bonds, IPT 13.5%
Issuer: Jingrui Holdings
Subsidiary guarantors: Certain non-PRC subsidiaries of issuer
Security: Pledge of shares of subsidiary guarantors
Issuer ratings: B2/–/B
Expected ratings: B3/–/B
UOP: Refi debt
JBRs/JLMs: BOSC Intl, BNP Paribas, Guotai Junan Intl, Haitong Intl, Qilu Intl