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Research Articles
New issue: Maybank 5Y USD bond at 5.3% IPG
Maybank’s new 5Y USD bond offers solid credit quality and capital strength, but limited yield pickup versus shorter-dated Malaysian bank peers.
Newly Issued Bond: Toyota Tsusho America USD Bond ; IPG : 5.5%
Toyota Tsusho America plans an A-rated 5-year USD bond at ~5.5%, refinancing Radius acquisition debt; higher leverage is offset by strong earnings and coverage.
CapitaLand Integrated Commercial Trust Announces New SGD 5Y Senior Green Notes at an IPG of 2.90%
CapitaLand Integrated Commercial Trust is planning to issue new SGD 5-year senior green notes with an initial price guidance ("IPG") of 2.90% area. Here is our quick take on this new issue.
New Issue: BNP Paribas announces new SGD NC5 perpetuals at an IPG of 4.50%
BNP plans to issue new SGD NC5 perpetuals at an initial price guidance of 4.50%, for accredited and institutional investors only. Here is our take on this new issuance.
Frasers Property Limited announces SGD 10-year seniors at an IPG of 3.75%
Frasers Property Limited (FPL) plans to issue new SGD 10-year seniors at an initial price guidance of 3.75%, for accredited and institutional investors only.
Centurion Corporation Limited announces new 5Y SGD senior green bonds at an IPG of 4.20%
We look at Centurion Corporation’s new issue and provide our thoughts on its bond below.
Commonwealth Bank of Australia announces SGD 10NC5 Tier 2s at an IPG of 3.40%
Commonwealth Bank of Australia (CBA) plans to issue new SGD 10NC5 Tier 2s at an initial price guidance of 3.40%, for accredited and institutional investors only.
Newly Issued Bond: Alphabet AUD Bonds; IPG: 5.4%-7.2%
Alphabet taps the AUD bond market with four new issues offering indicative yields of 5.4%–7.2%, backed by its strong balance sheet, robust cash generation and AI-driven growth.
OCBC announces SGD NC5 perpetuals at an IPG of 3.50%
OCBC plans to issue new SGD NC5 perpetuals at an initial price guidance of 3.50%, for accredited and institutional investors only. Here is our take on this new issuance.
HSBC Holdings plc Announces New SGD 6NC5 HoldCo Senior Notes at an IPG of 3.10%
HSBC Holdings plc (“HSBC”) is planning to issue SGD HoldCo Senior Notes at an initial price guidance (IPG) of 3.10%. Here is our quick take on this new issue.
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