Hong Kong retailer Lifestyle International strikes with its tap ahead of a crucial Greek debt swap deadline and succeeds in re-pricing its secondary bonds.
The Korean state-owned oil company acquires a 64.26% stake in Dana Petroleum following a hostile bid and amid expectations of further overseas acquisitions by Korean firms.
State-owned Korea National Housing Corporation is the latest, but not the last, Korean borrower to tap the US dollar market this year and achieves the lowest yield spread so far.
The five-year issue by the state-owned oil company comes at the tightest spread for a quasi-sovereign so far this year, and leads to a narrowing of the Korean credit curve.