The Reddit mania that catapulted GameStop shares has "reverberated through to the bond market", according to global equity manager Eaton Vance.
Eaton Vance put AMC Entertainment, one of the largest movie theatre operators in the US and a prominent player in the European market, under the microscope.
Portfolio managers at Eaton...
A green bond offering of US$144 million is being prepared by Altech Chemicals to help secure the remaining financing required for its high purity alumina (HPA) project in Johor, Malaysia.
The Perth-based, ASX-listed company this week announced it was working closely with London structuring agent Bedford Row Capital and Bluemount...
Apple Inc, despite its huge hoardings of cash reserves, has just sold $US14 billion of bonds in order to take advantage of cheap costs for borrowing.
“Apple is returning to the bond market, even with $196 billion of cash on hand, which we believe suggests the pace of shareholder returns...
After successful bond issues by Western Sydney University (WSU) and University of Wollongong (UOW) late last year, the University of Melbourne is the first Australian corporate to issue a bond in 2021.
The 10-year fixed rate bond has a coupon of 1.97%p.a. and raised $150 million.
Despite being hit by covid...
Embattled Chinese e-commerce giant Alibaba Group will this week look to commence raising between US$5 to 8 billion in a bond issue as it continues to be pressured by regulators and rival players.
First reported by Reuters, the company was expected to use the funds for general corporate expenditure including...
Investors chasing yield in an environment of low interest rates have greeted AMP Life with high demand for a $300 million bond raising this week.
According to a report in The Australian, AMP Life has received orders worth $1 billion.
Per the report, prospective investors are being offered the bonds at...
NBN Co, owner and builder of the National Broadband Network, has announced what it says is a record-breaking issuance by an Australian company of $1.2 billion worth of five-year bonds with a low coupon rate of one per cent.
The transaction is due to settle on 3 December 2020 and...
Evolve Education (ASX: EVO) has successfully priced an issue of A$35 million 7.5% senior secured Australian medium-term notes in a wholesale offering.
The notes are expected to be issued on 4th December 2020 and will mature in December 2025.
Evolve operates 127 childcare centres across New Zealand and Australia. It has...
Virgin Australia bond holders have learned their fate with the release of the Deloitte report to creditors which will see U.S. private equity firm Bain Capital buy the airline for $3.5bn.
The deal, which is subject to approval at a creditors meeting on September 4, will see unsecured bond holders...
The ANZ bank will return to the Green, Social and Sustainability (GSS) bond market in Australia, after having issued its inaugural Green Bond back in June 2015.
The bank has announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the United Nation’s Sustainable Development Goals (SDG),...
