In the high-yield market, Chinese property developer Hong Long priced a $90 million bond with warrants on Thursday, although the terms remain unconfirmed.
Meanwhile, Standard Chartered succeeded in raising $1 billion on Friday via a 10-year lower tier-2 144a transaction. The issue, managed by joint leads Goldman Sachs, JPMorgan, Standard Chartered and UBS, priced with a semi-annual coupon of 6.4% at 99.781. Rated A3 by Moody's, the bonds will yield 6.43%.
On a much smaller scale, South KoreaÆs National Agricultural Cooperative Federation NACF...
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