US Libor 1M 0.18475 3M 0.28605 6M 0.4484 Economic News and Releases : April Retail Sales +0.8% MoM, expected +1.2% April Retail Sales +5% YoY, expected +5.4% April Retail Sales Ex Auto YoY… Continue reading
After last week’s mayhem, investors are breathing a sigh of relief that we are ending this week on a nice pause to the selling with sovereign yields all off their highs and signs… Continue reading
Issuer: Banyan Tree Holdings Ltd. Reg S, unrated CIMB, HSBC Last looked at them last year when they came for a 5 year bond at 5% exactly 1 year ago today on the… Continue reading
FIRST SPONSOR GROUP LIMITED SGD 3Y – First Sponsor Group Ltd announced new 3y SGD, driven by reverse enquiries post roadshow – Initial price guidance: low 4% – Timing: As early as today… Continue reading
RE-OPENING: GALLANT VENTURE SGD 7.00% NOTES DUE 2018 – – Re-opening of gallant venture SGD 7.00% Notes due 2018 – Re-opening Price: 100.00 – Re-Opening Size: TBD – Timing: as early as today… Continue reading
ASIA RECAP ICBC sells $500m 5Y notes at +120bps, IPT +145 area China Aoyuan sells $250m 3Y bonds at 10.875%, IPT 11.625% area Hsin Chong prices $50m tap of 8.75% 2018 bonds at… Continue reading
*** HOTEL PROPERTIES LIMITED 6Y SGD – PRICED S$65MM AT 3.85% *** Issuer: Hotel Properties Limited Expected Issue Rating: … Continue reading
Issuer: Sembcorp Industries Unrated, subordinated Distribution: Fixed. Reset in yr 10 based on prevailing SGD 10Y SOR plus initial spreads and every 10Y after Step-up: 100bps in yr 10 Distribution deferral: At issuer’s… 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
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