Primary Credit Watch
Sinopec Gets >$7b Orders for 5Y, >$4.8b for 10Y, >$3.3b for 30Y Sinopec prices 5Y at +125bps, IPT +145bps area; 10Y at +145bps, IPT +160bp area; 30Y at +152bps, IPT +180bps area. Euro tranches:… Continue reading
Sinopec Gets >$7b Orders for 5Y, >$4.8b for 10Y, >$3.3b for 30Y Sinopec prices 5Y at +125bps, IPT +145bps area; 10Y at +145bps, IPT +160bp area; 30Y at +152bps, IPT +180bps area. Euro tranches:… Continue reading
FEB Retail Sales Ex Auto +14.8% YoY FEB Retail Sales +15.8% YoY vs expected +3% FEB Retail Sales -3.3% MoM MAR Electronic Exports +10.4% YoY vs expected +2% MAR Non Oil Domestic… Continue reading
Golden Agri-Resources SGD 3YR – Initial Guidance @ Mid 5% ISSUER: Golden Assets International Investment Pte. Ltd. GUARANTOR: Golden Agri-Resources Ltd STATUS: Direct, unconditional, unsubordinated and unsecured ISSUE RATING: Unrated ISSUE SIZE: TBD… Continue reading
We saw a cautious start to the week as China’s moves to curb margin trading and facilitate short selling of stocks seemed to outweigh the RRR cut. IG cash bond spreads were unchanged… Continue reading
Bumi Serpong prices at 6.75%, IPT 7% area. Orders >$750m from over 70 accounts By region Asia 85% Europe 15% Sinopec USD 5Y IPT +145bp Area, 10Y +160bp Area, 30Y +180bp Area… Continue reading
INTERNATIONAL HEALTHWAY CORP SGD 2YR – New SGD 2Yr transaction announced at 7% (the number) on the back of significant anchor investor interest. – Use of proceeds of the this transaction is to… Continue reading
Bumi Serpong Damai to Sell USD 5NC3 Bonds, IPT 7% Area Guarantors: PT Bumi Serpong Damai and certain of its subsidiaries Issuer: Global Prime Capital Pte. Ltd. Issuer ratings: Ba3/–/BB- Exp. issue ratings:… Continue reading
It was a relatively quiet end to the week as the global Bloomberg outage in the afternoon curtailed trading, and brought the week to an early close. HY bonds were about flat on… Continue reading
Guess who said that ? Alan Greenspan, of course. So can we blame ourselves if we never saw the Chinese stock markets “melt-up” ? After months of lamenting on our holdings and wondering… Continue reading
A big apology for the updates because I just discovered that the 1wk change number for iron ore has not been updating. The problem has been fixed. The Australian dollar is not… Continue reading