Largest EM issues of February 7-9 Issue | Volume China Asia | Cbonds Global

Largest EM issues of February 7-9

Issue | Volume

China
Asian Infrastructure Investment Bank (AIIB)(Aaa/AAA/AAA), 9.25% 22feb2024, RUB 2,5 bn
Listing: Luxembourg S.E.
Bookrunner: BNP Paribas
Depository: Clearstream Banking S.A., Euroclear Bank

Mexico
Comision Federal de Electricidad(Baa1/BBB/BBB-), 4.688% 15may2029, USD 1,25 bn
Initial issue price (yield): 99.98% (4.69%)
Spread to US Treasury bonds: 275 bp
Listing: Luxembourg S.E.
Bookrunner: Banco Santander, Bank of Nova Scotia, Barclays, BofA Securities, HSBC, JP Morgan, SMBC Nikko Capital
Depository: Clearstream Banking S.A., Euroclear Bank

Comision Federal de Electricidad(Baa1/BBB/BBB-), 6.264% 15feb2052, USD 500 mln
Initial issue price (yield): 100% (6.26%)
Spread to US Treasury bonds: 400 bp
Listing: Luxembourg S.E.
Bookrunner: Banco Santander, Bank of Nova Scotia, Barclays, BofA Securities, HSBC, JP Morgan, SMBC Nikko Capital
Depository: Clearstream Banking S.A., Euroclear Bank

Mexico (Baa1/BBB/BBB-), 2.375% 11feb2030, EUR 800 mln
Initial issue price (yield): 99.168%
Spread to mid-swaps 185 bp
The purpose of placing: General Corporate Purposes, Refinance
Listing: Luxembourg S.E.
Bookrunner: Credit Agricole CIB, Credit Suisse, Deutsche Bank, Morgan Stanley
Depository: Clearstream Banking S.A., Euroclear Bank

United Arab Emirates
Dubai Islamic Bank(A3/NR/A), 2.74% 16feb2027, USD 750 mln
Initial issue price (yield): 100% (2.74%)
Spread to US Treasury bonds: 95 bp
Listing: Irish S.E., Nasdaq Dubai
Bookrunner: Bank ABC, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, Islamic Corporation for the Development of the Private Sector (ICD), KFH Capital Investment Company, Sharjah Islamic Bank, Standard Chartered Bank
Depository: Clearstream Banking S.A., Euroclear Bank

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Largest HY issues of February 7-9

Issue | Volume

Canada
Tacora Resources (B2/B-/-), 8.25% 15may2026, USD 225 mln
Initial issue amount: 175 mln USD
Initial issue price (yield): 100% (10.41%)
Settlement Duration: 1.87 years
Bookrunner: Jefferies
Depository: Clearstream Banking S.A., DTCC, Euroclear Bank

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