New Bonds Issues Coming Up Or Not

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With the uncertainty emanating from Europe and China, do not expect too much in the way of new issues.
Here are some potential names to look out for.
  • China Huiyuan Juice (A1) to issue 200m EUR 1.55% of credit-enhanced bonds – Citi, ABC
  • China HNA Tourism (unrated), picks ABC Intl, Haitong Intl, Orient Capital (HK) and JPM for investor meetings in HK, Singapore from tomorrow.
  • Korea National Oil Corp. (Aa3/A+/AA-) hires Citi, GS, HSBC, KDB and UBS for USD bond sale
  • Korea Gas (Aa3/A+/AA-) hires Barclays, BofA, Deutsche, HSBC, Mizuho and UBS  for planned sale of USD bonds
  • Korea CJ CheilJedang (Aa3) overseas unit hires HSBC, BNP and Citi for USD $200 mio perpetual bonds
  • China Overseas Land & Investment, CHIOLI, (Baa1/BBB+) names Agricultural Bank of China, BNP, DBS, HSBC and ICBC for EUR bond
  • Kurdistan considering benchmark USD bond with GS, Deutsche
  • Kazakhstan (Baa2/BBB/BBB+) hires Citi, JPM for USD bonds
  • Indonesia Surya Semesta Internusa (unrated) plans to revise down size of  USD 200m debut global bonds
  • India Adani Ports (Baa3/BBB-/BBB-) plans first USD bond, sees sizable future borrowing. BofA, Barclays, Citi, Emirates Capital
  • Pakistan (B3/B-) plans to raise USD1b selling global bond now stalled as street protests and higher US interest rates dim the debt’s appeal. Pakistan USD bonds – Asia’s best performers in past 6 months.
  • Romania plans Eurobond sale after September, Popescu says
  • IMH mandates banks for bond investor meetings in Europe
  • Eastern Property Holdings plans $135m bonds at 7.25%
  • Zambia (B/B) said to plan raising as much as $2b in Eurobonds now in trouble after S&P’s credit downgrade.
  • Etihad Airways (A) said to be in talks about debut USD 1 bio bond issue
  • Arab Petroleum mandates Standard Chartered, First Gulf Bank, NCB Capital, GIB Capital to arrange its debut sukuk.
Category : Market, Rates/Bonds