Tag Archive: Asian Bonds

Primary Credit Watch

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Reliance Communications Gets >$650m Orders for $300m Bond Priced at 6.5%, IPT 6.5% area. Over $650m orders from >100 accounts By region Asia 75% Europe, Middle East 25% By investor type Fund managers,… Continue reading

Primary Credit Watch

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  Reliance Communications to Sell USD 5.5Y Bonds, IPT 6.5% Area Issuer: Reliance Communications Ltd. Issuer ratings: Ba3/–/BB- Expected issue ratings: Ba3/–/BB- Reg S UOP: Capex or any other permissible use under RBI… Continue reading

Brekkie Bond Wrap

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In the IG space, after opening 2-3 better, the tightening was reversed and we ended a touch softer on the day.  Indian credits continued to be sought after and outperformed the broader market.   The new… Continue reading

Primary Credit Watch

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  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… Continue reading

Primary Credit Watch

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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

Brekkie Bond Wrap

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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

Primary Credit Watch

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  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

Primary Credit Watch

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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

Brekkie Bond Wrap

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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

Primary Credit Watch

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Asia Recap: Malaysia sells $1b 10Y sukuk at +115bp, IPT +135bp area; $500m 30Y sukuk at +170bp, IPT +185bp area, total order books $9b Upcoming Deals: China Cinda to Sell $Bench 5Y, 10Y… Continue reading