SUBSCRIBERS
ST Engineering's US$750m, 5-year bond a hit with investors
Published Thu, Apr 23, 2020 · 09:50 PM
Singapore
ST Engineering's US$750 million five-year 1.5 per cent issue has met with strong demand as the US dollar bond market bounces back.
Sold on Wednesday, April 22, the bond deal received an order book of over US$4 billion, which allowed it to tighten pricing from the initial price guidance.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama