- Adani Ports Roadshow For 144a/Reg S USD Bonds Starts Tomorrow
Investor meetings in Asia, Europe, Middle-East, U.S. start tomorrow.
Issuer: Adani Ports and Special Economic Zone Ltd.
Expected ratings: Baa3/BBB-/BBB-
Ecpected issue rating: Baa3/BBB-/BBB-
JBRs/JLMs: BofAML, Barclays, Citi, Emirates NBD Cap
JLM: SBI Capital Mkts
- BPCE to Sell SGD Tier 2 10.5NC5.5 Bonds, IPT 4.5% Area
Issuer: BPCE SA
Issuer ratings: A2/A/A
Expected issue ratings: Baa3/BBB/A-
Coupon: Fixed until call date and then resets at 5Y fixed rate plus initial margin
Regulatory call: At par plus accrued interest upon a capital event subject to regulatory approval
Tax call: At par plus accrued interest upon a tax event (tax
deductibility, withholding tax) subject to regulatory approval
PONV: Within the risk factors. Reference to the RRD and the banking bill
JBRs: Barclays, DBS, Natixis, UOB
- Soechi Picks DB for USD Bond, Meetings From Tomorrow
Investor meetings in Singapore June 11, HK June 12 and London June 15.
Expected rating: B1/–/B+
Reg S
BR: DB
Co-managers: OCBC, Mandiri Sekuritas
- Haikou Meilan Gets CNH1.4b Orders for CNH600m Bond
Priced at 7.25%, IPT 7.5% area.