Scott Murdoch

China raises $4 billion in U.S. dollar bond deal

8:27pm EDT

HONG KONG China has raised $4 billion through a U.S. dollar sovereign bond issue, according to a term sheet seen by Reuters.

UPDATE 1-China mandates 14 banks for $4 billion US dollar bond issuance - term sheet

Oct 17 2021

HONG KONG, Oct 18 China has mandated 14 banks for the planned issuance of dollar-denominated, multi-tranche bonds, subject to market conditions, according to a term sheet seen by Reuters on Monday.

As Evergrande default looms, what legal options do offshore creditors have?

Oct 13 2021

LONDON/HONG KONG With China Evergrande Group's default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments.

Evergrande creditors fear imminent default as concerns shake sector

Oct 10 2021

SHANGHAI/SINGAPORE/HONG KONG (Reuters) -China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property developer, their advisers said. | Video

Analysis-Asian high-yield bond issuers feel Evergrande pain as investors eye better protection

Oct 06 2021

LONDON/HONG KONG Global investors will probably demand more protection from riskier bond issuers in China and Asia by seeking higher returns and more transparency as a result of Evergrande Group's financial woes.

Australia to eclipse 14-year M&A record, powered by infrastructure, resources deals

Sep 30 2021

HONG KONG Australia is set for its best year ever in M&A activity despite extended pandemic-induced lockdowns in its most populous states as cash-rich corporates and funds scoop up assets, with bankers seeing no sign of the momentum slowing.

GLOBAL MARKETS-Asian markets grapple with Evergrande fallout, China power shortages

Sep 28 2021

HONG KONG, Sept 28 Asian shares were mixed across the region on Tuesday as investors fretted over China Evergrande Group's debt crisis and a widening power shortage in China.

GLOBAL MARKETS-Asian markets grapple with Evergrande fallout, eye China power crunch

Sep 27 2021

HONG KONG, Sept 28 Asian shares mainly drifted lower Tuesday as investors continued to fret over China Evergrande Group's unsolved debt crisis and eyed the potential impact of a widening power shortage in China.

Prudential eyes $2.41 billion raising in Hong Kong share sale - sources

Sep 24 2021

HONG KONG Prudential is seeking to raise $2.41 billion by pricing its stock at HK$143.8 each in its Hong Kong share sale, according to two sources with direct knowledge of the matter.

Analysis-Chinese property debt issuers face 'Evergrande premium' as worries mount

Sep 23 2021

HONG KONG As uncertainty looms over cash-strapped China Evergrande Group, seizing up China's junk bond market, pressure is building on its peers to access fresh funding to repay notes worth nearly $300 billion due over the next two years.

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