This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
PT Soechi Lines’ bond deal faces rough seas, while others sail thru
June 14, 2017
Indonesian Tanker company PT Soechi Lines decided to postpone its dollar bond offering announced on Monday citing market uncertainty and typhoon Merbok that hit Hong Kong. Moody’s had rated the bonds B1 and the initial guidance was at 8.375%. The issuer had also held investor meetings in 2015 but did not issue a bond. Soechi Lines and Eros films are the only two pulled deals in Asia this year.
On Monday, Shui On Land, Korea East-West Power, Japfa Comfeed did manage to successfully raise a combined $1.2 billion from the bond market.
Go back to Latest bond Market News
Related Posts:
Increasing Interest in Indian and Indonesian Bonds
September 27, 2017
SoftBank Issues Largest Non-Investment Grade Hybrid
July 14, 2017
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.