Largest EM issues of June 8-10 Issue | Volume Hong Kong Ban | Cbonds Global

Largest EM issues of June 8-10

Issue | Volume

Hong Kong
Bangkok Bank (Hong Kong Branch)(Baa1/-/-), 4.3% 15jun2027, USD 750 mln
Initial issue price (yield): 99.866% (4.33%)
Spread to US Treasury bonds: 133 bp
The purpose of placing: General Corporate Purposes
Listing: SGX
Bookrunner: Citigroup, JP Morgan, Morgan Stanley
Depository Clearstream Banking S.A., Euroclear Bank

New World Development, 5.875% 16jun2027, USD 200 mln
Initial issue price (yield): 99.808% (5.92%)
Spread to US Treasury bonds: 290 bp
The purpose of placing: Refinance
Listing: Luxembourg S.E.
Bookrunner: HSBC, Mizuho Financial Group, Morgan Stanley, Standard Chartered Bank, UBS
Depository: Clearstream Banking S.A., Euroclear Bank

New World Development, 6.15% perp., USD 500 mln
Initial issue price (yield): 100% (6.15%)
Spread to US Treasury bonds: 320.1 bp
The purpose of placing: Refinance
Listing: Hong Kong S.E.
Bookrunner: HSBC, Mizuho Financial Group, Morgan Stanley, Standard Chartered Bank, UBS
Depository: Clearstream Banking S.A., Euroclear Bank

China
Qingdao Jiaozhou Bay Development(-/-/BBB-), 4.9% 16jun2025, USD 300 mln
Initial issue price (yield): 100% (4.90%)
The purpose of placing: Refinance
Listing: Hong Kong S.E.
Bookrunner: CITIC Securities International, CNCB Capital, Central Wealth Securities Investment, China Galaxy International Securities, China Merchants Bank, China Minsheng Banking, China Securities (International) Finance, Donghai Securities, Guoyuan Securities, Haitong International Securities Group, Hua Xia Bank, Industrial Bank, Shenwan Hongyuan Group, Sunriver Holding Group, TF International Securities Group, Tensant Securities, Zhongtai International Securities
Depository: Clearstream Banking S.A., Euroclear Bank

Shandong Guohui Investment(Baa2/-/BBB+), 4.7% 15jun2025, USD 500 mln
Initial issue price (yield): 100% (4.70%)
The purpose of placing: Refinance
Listing: Hong Kong S.E.
Bookrunner: Bank of China, CITIC Securities International, CLSA, CNCB Capital, Central Wealth Securities Investment, China Everbright Bank, China Galaxy International Securities, China International Capital Corporation (CICC), China Securities (International) Finance, China Zheshang Bank, Hua Xia Bank, Huatai Securities, ICBC, Luso International Banking, Shanghai Pudong Development Bank, Shenwan Hongyuan Group, Zhongtai International Securities
Depository: Clearstream Banking S.A., Euroclear Bank
Legal adviser to the arrangers: Herbert Smith Freehills, Hiways Law Offices
Legal adviser to the issuer: Deacons, Walkers

BOND SEARCH