Lee Jun
media reports for Pacific Andes (01174.HK) Singapore-listed company's PARD (SGX: PARD) set aside 1.3 billion yuan synthetic bond issue, Pacific Andes person in charge of the microblogging) Daily will issue RMB bonds, the bond period of 3 to 5 years, but the announcement did not disclose the issue amount is currently held by Pacific Andes PARD 65% of the shares.
the official said, PARD is delayed bonds did not, as some media reports large, some of the bonds on the market, the price fell below par value, so Andes resources at the appropriate time to re-issuance of RMB bonds.
According to Hong Kong media reported yesterday, earlier plans to issue a PARD about 13 billion yuan synthetic bond has been temporarily shelved. yesterday fell 0.74% Pacific Andes, to close at HK $ 1.35.
synthetic bonds are denominated in RMB yuan and U.S. dollar and other currency denominated bonds reported,
Louis Vuitton Handbags, as this kinds of bonds without approval of relevant departments of the Mainland of China, has recently become a listed company new ways to raise funds and speculation even as warm.
quoted PARD sales documents released earlier, the original plans to issue not more than $ 200 million, about 1.3 billion yuan in three-year bonds, the target return was 5.5% to 5.75% underwriters, including Merrill Lynch, HSBC and Standard Chartered.
Standard Chartered (02888.HK) Northeast Asia fixed income trading Feng, Managing Director of thinking if that renminbi deposits in Hong Kong renminbi assets available for investment is much higher than in the case, does not rule out the renminbi-denominated bonds issued in Hong Kong yields will continue to decline; and large corporate financing needs of the RMB, depending on whether the financing in Hong Kong in financing costs and capital can return.
Feng think if that renminbi deposits in Hong Kong nearly 3,000 billion yuan of assets available for investment but only 500 billion yuan, an imbalance of supply and demand, he said,
Louis Vuitton Online Outlet, adding that the RMB bond yield with market demand,
Louis Vuitton Handbags On Sale, appreciation of the renminbi and the U.S. interest rates and other factors related.
China Petroleum and Chemical Association: environmental tax side of network security engineers, data center switches have already mentioned the case of cross-Dream Three State