Tag Archive: CENCHI 10.75% 04/2016

SGD NEW ISSUE REVIEW : LOYZ 2.5Y 9%

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LOYZ ENERGY LIMITED 2.5Y SGD Issuer:   Loyz Energy Limited Rating:  Unrated Status:  Senior, unsecured Relevant DSRA:    Applicable Issue Size:   TBD Format/Docs:  Reg S Bearer / Issuer’s SGD 250 million Multicurrency Medium Term Note… Continue reading

Bonds In Conversation : It’s All About Debt

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The vision for the world is the “New Neutral” a.k.a. Secular Stagnation. I envisage this as a time where there is more money than assets left to buy, companies are being privatised via… Continue reading

SGD New Issue Reviews : Central China Real Estate 3Y and Vallianz 2.5Y

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CENTRAL CHINA REAL ESTATE (CCRE) – SGD REG S 3YR NOTES *** ISSUER: Central China Real Estate Limited (the “Company”) ISSUE: Senior notes (the “Notes”) SUBSIDIARY GUARANTORS:     Certain of the Company’s Restricted Subsidiaries… Continue reading

Bonds In Conversation : Sorry America And Thank You.

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What does one expect to gain by saying this ? “I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the… Continue reading

High Yield Corporate Bonds : Few And Far Between

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Singaporeans are a suspicious lot. Give them a high yield, under subscribed issue and they will run. If you give them a low yield, over subscribed issue, its ok even if the bond… Continue reading

Bonds In Conversation : Rejoice, Revel & Reap The ShutDown

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Caveat emptor : Non Americans only The shut down has been good for the rest of the world. Equities and credit markets are holding more than steady. Bonds are outperforming, even high yields… Continue reading

Bonds In Conversation : Survival of The Fittest

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Largest Bond Deal Ever In History Verizon (Baa1/BBB+/A-) Sells $49b in 8-Part Offering, Largest Bond Deal Ever Verizon’s deal tops Apple’s 6-part, $17b offering. $4.25b 3Y fixed sold at+165bps $2.25 3Y FRN sold… Continue reading

Bonds In Conversation : When It Rains, It Floods

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I have floods on my mind though I have not mustered the courage to step foot outside yet for the entire day. The 10Y US treasury note suffered a nasty tumble yesterday, led… Continue reading

Bonds In Conversation : War Games

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  An interesting observation from the recent wars is that they start in March. http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08-2/20130828_war.jpg So the west is going to war with Syria/Russia. https://tradehaven.net/market/ad-hoc-commentary-the-many-short-term-benefits-of-restarting-the-cold-war-through-syria/ India is grappling with a currency war this… Continue reading

Bonds In Conversation : The Day The Music Died (Updated)

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  I have a personal signal for market distress. 2nd hand Lamborghinis for sale. In the recent month, we have seen the listings jump a few fold. Someone told me long ago that… Continue reading