CSL Limited (ASX:CSL) last week priced US$1.25 billion corporate bonds in the United States 144A/Reg S market. The notes will be issued by CSL Finance Plc and guaranteed by the parent company, CSL Limited, and certain of its subsidiaries. The principal amount, tenor and coupon for the notes are: • US$500m...
Global investment manager Blackrock has introduced two new fixed income corporate bond ETFs to investors as part of their iShares ETF portfolio. The two new funds complement the broader iShares fixed income ETF suite of products, offering Australian investors increased flexibility to optimise fixed-income allocations in their portfolios. Christian Obrist, Head...
Sydney Airport issued a 10 year bond on 16 April, raising A$850 million from bids of A$2.5 billion. The senior secured bond priced at 147 basis points over semi-quarterly swap. It is rare for Sydney Airport to come to the domestic market. The last time was in 2011 when...
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),...
As investors move through life, their appetite for risk and reward changes. It’s common for older investors to choose lower risk investments as they have less time to remedy any losses if they occur. While there are no set ‘rules’ for asset allocation by age, one of the most famous...
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...
Facebook's parent company Meta Platforms Inc. asked Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp., and Barclays Plc to canvas investors for a potential senior unsecured debt offering last week and then made its bond-market debut with a US$10 billion deal. Meta had not previously entered the bond...
Unsecured bond holders in Virgin Australia, owed nearly $2 billion, will have their fate decided in the coming weeks with the impending sale of the airline to one of two short-listed U.S.-based bidders. Virgin most recently raised $325 million through an ASX-listed bond issue and US$425m through the U.S. high...
Corporate watchdog ASIC is warning of a fake Qantas corporate bond scam targeting Australian investors. ASIC said it was aware Australians have been directly offered fake Qantas corporate bonds with interest rates of 7.75% per annum. "Scammers are using the legitimate Qantas bonds listed on the ASX which have a coupon...
Investors are using corporate bonds to boost prospective returns within their fixed income portfolios with government bond yields at record lows, which is creating a 'tailwind' for the asset class according to First Sentier Investors. The Global Credit Outlook 2021 paper argues prevailing economic conditions should underpin credit demand going...

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