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Singapore corporates' USD bonds warmly received by international investors

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Published Thu, Nov 19, 2015 · 09:50 PM

    Singapore

    SINGAPORE corporates are hot, going by the strong demand from international investors for their US dollar-denominated bond deals.

    On Tuesday, two benchmark USD issues from - SP Powerassets and Stats ChipPac - sold well; this was followed by Thursday's Citic Envirotech Ltd (CEL) USD perpetual deal which closed early at 12.45 pm after orders hit US$950 million, exceeding the issue size more than five times.

    citic envirotech

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