After a dismal Wednesday in which there was zero greenback activity, Asian debt capital markets have sprung back to life on Thursday with a triple dollar helping worth $2.1 billion.
Chinese developer Jingrui Holdings sold a $150 million three-year bond at 13.25%, 25 basis points tighter than the initial yield guidance on Thursday night, while Indonesian ports operator Pelabuhan Indonesia II Perlindo priced $1.1 billion 10- and $500 million 30-year notes at 4.375% and 5.5% respectively, tighter than the 4.625% and 5.625% area, according to a sources close to the deals.
Korean state-owned energy firm Korea Resources, meanwhile, raised a $350 million five-year bond at...