Bondsupermart

2021-09-15 06:06:28 New Bond Issues:
1. JULIUS BAER – USD PERP NC7
Issuer: Julius Baer Group Ltd
Initial Price Guidance: 4.250% area

2. DUAL TRANCHE: JSW STEEL – USD
Issuer: JSW Steel Limited

**5YR
IPG: 4.375% area

**10YR
IPG: 5.5% area Open / Comment

2021-09-15 03:00:01 The easing of domestic and overseas restrictions bring good news for NagaCorp, who saw a loss in 1H21 due to Cambodia’s lockdown. Here’s why we are positive about them: https://bit.ly/3lDHYDN Open / Comment

2021-09-14 14:00:00 With properties located in prime locations in Asia, OUE should ring a bell for many. The diversified real estate owner has announced a 5-year senior unsecured bond at an attractive FPG of 3.5%: https://bit.ly/3Ccwn4T Open / Comment

2021-09-14 06:21:41 New Bond Issues:
1. C C LAND – USD 4NC2
Issuer: Perfect Point Ventures Limited
Guarantor: C C Land Holdings Limited
Initial Price Guidance: 5.50% area

2. HPH TRUST – USD 5YR
Issuer: HPHT Finance (21) (II) Limited
Guarantor: Hutchison Port Holdings Trust and HPHT Limited
IPG: T + 115 bps area (Est. 1.966%)

3. OUE TREASURY – SGD 5YR
Issuer: OUE Treasury Pte. Ltd.
Guarantor: OUE Limited
IPG: 3.70% area

4. SEAZEN GROUP – USD 364-DAY
Issuer: Future Diamond Limited
Guarantor: Seazen Group Limited and Seazen Resources Capital Group Limited
IPG: 4.85% area Open / Comment

2021-09-13 15:30:01 In this week’s Bond Market Monitor, Bank of Canada and Bank Negara Malaysia are maintaining their overnight rate at 0.25% and 1.75% respectively.

Plus, updates on China Huarong’s downgraded ratings, Evergrande’s dollar bound rebound and Oxley’s bond re-opening proposal: https://bit.ly/3nrvhhz Open / Comment

2021-09-13 05:59:08 New Bond Issues:
1. REDSUN PROPERTIES – USD 2YR
Issuer: Redsun Properties Group Limited
Initial Price Guidance: 10.85% Area

2. RADIANCE HOLDINGS - USD 2.5YR
Issuer: Radiance Holdings (Group) Company Limited
Final Price Guidance: 8.00%

3. DUAL TRANCHE: SHIMAO GROUP - USD
Issuer: Shimao Group Holdings Limited

**2YR
IPG: 4.375% area

**5.33YR
IPG: 5.625% area Open / Comment

2021-09-09 15:30:06 Faced with a liquidity crisis and USD 600mil due to bondholders in two days, Suning is offering a bond proposal with a consent fee and extended maturity date. Here’s what you need to know: https://bit.ly/3zSDQ8F Open / Comment

2021-09-08 15:30:06 Perpetual bonds of Swiss banks have declined slightly but they still look attractive with high probabilities of being called: https://bit.ly/2Vo7ZOc Open / Comment

2021-09-07 15:30:02 Keppel’s latest 2.9% NC3 perps may not have the highest yield but are fairly priced given its diversified business nature and Temasek shareholder interest: https://bit.ly/3jNJxyV

Despite being affected by the pandemic and continued lockdowns, Malaysian property developer Tropicana looks set to weather the COVID-19 storm. Here's why: https://bit.ly/3h6yjUs Open / Comment

2021-09-07 05:49:53 New Bond Issues:
1. DBS GROUP HOLDINGS – USD 5.5YR
Issuer: DBS Group Holdings Ltd
Initial Price Guidance: CT5 + 65 area (Est. 1.442%)

2. CHINA EVERBRIGHT BANK – USD 3YR
Issuer: China Everbright Bank Co., Ltd., Luxembourg Branch
IPG: T3 + 80 bps area (Est. 1.207%)

3. KEPPEL CORPORATION – SGD PERP NC3
Issuer: Keppel Corporation Limited
IPG: 3% area Open / Comment