Nuove_emissioni, collocamenti Nuove Emissioni (1 Viewer)

[gionmorg]

New bond issue: Pacific Andes sells CNY 600m in 2014 bonds with 6.50% coupon

Pacific Andes (Hong Kong) on May 26, 2011 placed CNY 600m in bonds with a 6.50% coupon, maturing in 2014.The deal was done via SPV Pacific Andes Resources Development Limited. The bond was priced at 100.0% to yield 6.50%. DBS, HSBC, Standard Chartered arranged the deal.

Issuer, issue number: Pacific Andes, 2014, CNY
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: CNY, 100000
Amount: 600 000 000
End of placement: May 26 2011
Issue price: 100
Yield at Pricing: 6.5%
Coupon: 6.50%
Coupon frequency: 2 time(s) per year
Settlement Date: Jun 02 2011
Maturity date: Jun 02 2014
Issue Managers: DBS, HSBC, Standard Chartered
Trading floor: SGX
Issuer profile:
Established in 1986 and listed on the Mainboard of The Stock Exchange of Hong Kong Limited in 1994, Pacific Andes International Holdings Limited (1174.HK, "Pacific Andes" or the "Group") is a fully integrated group of companies with operations across the entire seafood value chain which includes harvesting, sourcing, ocean logistics and transportation, food safety testing, processing and distribution of frozen fish products, as well as fishmeal and fish oil. The Group's businesses span across the world with particular emphasis in the China market while it has processing factories located in China, Japan, North America and Peru. Today, Pacific Andes is one of the world's largest fishing group, supplier of frozen fish into the China market and fish fillet producer. Pacific Andes' resource development and supply chain management division, Pacific Andes Resources Development Limited ("PARD"), and its industrial fishing arm, China Fishery Group Limited ("China Fishery"), were listed on the Singapore Exchange in 1996 and 2006 respectively.

Outstanding issues:
1 issue(s) outstanding worth CNY 600 000 000

 

[gionmorg]

New bond issue: Lonking sells USD 350m in 2016 bonds with 8.50% coupon

Lonking (China) on May 26, 2011 placed USD 350m in bonds with a 8.50% coupon, maturing in 2016. The bond was priced at 100.0% to yield 8.50%. Credit Suisse, Standard Chartered Bank arranged the deal.

Issuer, issue number: Lonking, 2016
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 350 000 000
ISIN: USG5636CAB30
End of placement: May 26 2011
Issue price: 100
Yield at Pricing: 8.5%
Coupon: 8.50%
Coupon frequency: 2 time(s) per year
Settlement Date: Jun 03 2011
Maturity date: Jun 03 2016
Issue Managers: Credit Suisse, Standard Chartered Bank
Trading floor: SGX
Issuer profile:
Lonking Holdings Limited (“Lonking”) started its business in 1993. It has experienced a rapid growth rate (averagely 43%) for more than ten years and now become one of the largest manufacturers of construction machinery in China. Lonking has facilities located in Shanghai, Fujian, Jiangxi and Henan for developing and manufacturing of wheel loader, roller, excavator, forklift, motor grader, agricultural machinery and components. The main product – wheel loader has been awarded as “China Top Brand”. The company has ranked at the first place in the world in terms of sales quantity of wheel loader since 2006. In November 2005, the company got listed on the Main Board of the Stock Exchange of Hong Kong Limited. It is the first case of overseas listing in China’s construction machinery sector.

Outstanding issues:
1 issue(s) outstanding worth USD 350 000 000

 

[angy2008]

su Plus di ieri parla dei bond Chrysler con piccolo errore sul tasso del 10 anni indicato nel testo giustamente 8,25% e poi però al 8,5 % nel riepilogo, non ho capito perchè riservati a istituzionali americani, forse non si possono acquistare in Europa? comunque tagli da 200.000 $ sono pesanti.

Si parla anche dei nuovi bond Jaguar Lst e $, qualcuno ha Isin e tagli?

mi rspondo da solo, magari interessa anche a altri:

i bond Chrysler hanno il problema del domicilio Usa e si possono acquistare ma scontano la tassa Usa sulle cedole con eventuale compensazione complicata perciò li eviterei, a parte il taglio esagerato.

I Jaguar in $ sono 15/5/2021 all'8,125% con call a partire dal 2016 a 104 e successivi in calando, USG50027AB03 , tassazione normale ma prezzo già salito e poca liquidità. Taglio strano 150k.

 

[gionmorg]

New bond issue: Far East Horizon sells CNY 1250m in 2014 bonds with 3.90% coupon

Far East Horizon (China) on May 26, 2011 placed CNY 1250m in bonds with a 3.90% coupon, maturing in 2014. The bond was priced at 100.0% to yield 3.90%. China International Capital Corp, HSBC, Standard Chartered Bank arranged the deal.

Issuer, issue number: Far East Horizon, 2014
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: CNY, 1000000
Amount: 1 250 000 000
End of placement: May 26 2011
Issue price: 100
Yield at Pricing: 3.9%
Coupon: 3.90%
Coupon frequency: 2 time(s) per year
Settlement Date: Jun 02 2011
Maturity date: Jun 02 2014
Issue Managers: China International Capital Corp, HSBC, Standard Chartered Bank
Issuer profile:
A unit of Sinochem Group, Far East Horizon Limited provides financial leasing services along with integrated operation services of finance, trade, consultation and investment in healthcare, printing, shipping, construction infrastructure, machinery industries, education, information network and other sectors. The company was formerly known as Far Eastern Hong Xin Co., Limited, and changed its name to Far East Horizon Limited in December, 2010. It was incorporated in 2008 and is based in Wanchai, Hong Kong.

Outstanding issues:
1 issue(s) outstanding worth CNY 1 250 000 000

 

[gionmorg]

New bond issue: Celpa sells USD 250m in 2016 bonds with 10.50% coupon

Celpa (Brazil) on May 27, 2011 placed USD 250m in bonds with a 10.50% coupon, maturing in 2016. The bond was priced at 100.0% to yield 10.50%. Bradesco, HSBC, Itau, Standard Bank arranged the deal.

Issuer, issue number: Celpa, 2016
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 200000
Amount: 250 000 000
ISIN: USP22826AA23
End of placement: May 27 2011
Issue price: 100
Yield at Pricing: 10.5%
Coupon: 10.50%
Coupon frequency: 2 time(s) per year
Settlement Date: Jun 03 2011
Maturity date: Jun 03 2016
Issue Managers: Bradesco, HSBC, Itau, Standard Bank
Issuer profile:
Celpa, headquartered in Belém, owns a 30-year concession contract that expires in 2028 to distribute electricity to 143 cities in the state of Para.
Celpa is controlled by Rede Energia S.A. (REDE), which has a direct and indirect participation of 61.4% of Celpa's total capital.
Rede is a major holding company with interests in the Brazilian electricity sector.

Outstanding issues:
1 issue(s) outstanding worth USD 250 000 000

 

[gionmorg]

New bond issue: Sifco sells USD 75m in 2016 bonds with 11.50% coupon

Sifco (Brazil) on May 2011 placed USD 75m in bonds with a 11.50% coupon, maturing in 2016. Jefferies, Eurovest arranged the deal.

Issuer, issue number: Sifco, 2016
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 100000
Amount: 75 000 000
End of placement: May 2011
Coupon: 11.50%
Settlement Date: Jun 2011
Maturity date: Jun 2016
Issue Managers: Jefferies, Eurovest
Issuer profile:
Founded in 1958, SIFCO S.A is a manufacturer of forged components, serving several segments of the foreign and domestic automotive industry. Its participation in the export market represents an expressive portion of the company’s business.
SIFCO is a member of Grupo Brasil with two plants in Brazil and an affiliated company in the USA.

Outstanding issues:
1 issue(s) outstanding worth USD 75 000 000

 

[gionmorg]

Emirates Airlines issued USD benchmark bond
5-year term, spread Whisper: Mid Swap +350 bp
The Emirates airline issued a USD Eurobond with a maturity of 5 years. The transaction is accompanied by German bank enbd, HSBC and Morgan Stanley. Coupon details are not yet known. Expected to be a spread of 350 basis points over mid Swapl.

Of the transaction:

Issuer: Emirates
Rating: Unrated
Duration: 5 years
Volume: n.bek. (Benchmark)
Coupon: n.bek.
Spread Whisper: Mid Swap +350 bp
Listing: London
Angew. Law: English Law
Denomination: 200,000 + $ 1,000
Timing: Placement is probably tomorrow
Bookrunner: German Bank, enbd, HSBC and Morgan Stanley

YTM 6.27 ca

 

[sgorby]

Solo una domanda che significa Rating: A2,A Both ROD???

per l’outlook conosco solo la dicitura stabile/negativa/positiva sapreste dirmi che significa ROD ?
Grazie

 

[gionmorg]

eno energy GmbH plans bond issue
Listing in the "middle class market," the Dusseldorf Stock Exchange planned
Eno energy GmbH intends to go to a corporate bond to finance its planned growth. The subscription period for the bond is expected to begin mid-June. The following listing is in the "middle class market," the Dusseldorf Stock Exchange planned.

Eno energy GmbH has established itself in the future market of wind energy and is there for more than twelve years as project developers, wind turbine manufacturer and provider of turnkey wind parks (turnkey wind farms) operate.

Karsten Porm, managing director of eno energy GmbH: "The demand for wind energy is increasing worldwide steadily in technology as allowing the establishment and operation more profitable wind turbines has in this environment is positioning itself eno energy as an efficient and competitive company..."

Eno energy GmbH has developed from an active exclusively in Germany wind farm developer to an internationally established all-round service in the area of ​​onshore wind energy. "Hardly any provider in the market covers a similar range as the eno energy with the production of wind turbines and the development of turnkey wind parks," said Porm further.

Overall, the company has been created wind farms with a capacity of over 300 MW in the pipeline, projects with a capacity of another 400 MW. In fiscal 2010, the eno energy GmbH has increased its turnover to 51.3 million euros, significantly. The growth resulted from the successful business with turnkey wind parks, which are mainly equipped with wind turbines from own production.

The net proceeds from the proposed bond issue will eno energy in particular for the further expansion of its business in Germany and Europe to use. For this, the implementation of wind energy projects are in the pipeline, the technical development of own wind turbines and the expansion of business with turnkey wind parks.

 

[gionmorg]

Berlin State issued State Treasury in the amount of 500 million €
5-year term, Guidance: Mid swap +10 bp
The State of Berlin issued a State Treasury in the amount of € 500 million and a term of 5 years. Expected to be a spread of 10 basis points over mid swap. The transaction is accompanied by Barclays Capital, Commerzbank and LBB.

Of the transaction:

Issuer: State of Berlin
Size: State Treasury
Ratings: Aa1 (Moody's) AAA (Fitch)
Volume: 500 million €
Coupon: n.bek.
Guidance: Mid swap +10 bp
Duration: 08/09/2016
Listing: Berlin
Denomination: 1,000 €
Bookrunner: Barclays Capital, Commerzbank and LBB