Also, in connection with the new
bond issue, Magnolia Bostad may evaluate a potential partial repurchase of that outstanding SEK500m.
Araki also cited the good relationship between Japan Prime Minister Shinzo Abe and President Duterte as a positive factor in winning investors for the "Samurai"
bond issue.
In 2010 when the Philippine government raised funds through the float of samurai bonds, the Japan Bank for International Cooperation (JBIC) guaranteed the
bond issue through its Market Access Support Facility, which was established to assist Asia's developing countries in accessing international capital markets following the global financial crisis of 2008.
President Sirisena appointed the Presidential Commission of Inquiry to investigate and report on the Central Bank
bond issue on January 27, 2017.
Citibank, JP Morgan Chase and Deutche Bank were the Lead Managers and The Trade Bank of Iraq was the Co-Manager for the
bond issue. The Bond was rated as B- stable by Fitch and B- stable by S&P.
to make a $6.3 million tax-free
bond issue through the improvement district.
The global bond markets witnessed
bond issues more than $1.09 billion so far in 2014, which is almost close to the
bond issues made in the first quarter of 2013 which amounts to $1.11 billion.
The
bond issue, which will cover the bridge financing, is for five years with an interest rate of 4.287%.
Euro
Bond Issue - e1/450.0 million of new 5-year, 5.5% coupon unsecured Euro Convertible Bonds, convertible into DCI common shares at an initial conversion price of e1/40.5737 per Share; and 2.
The bonds issued yesterday (June 27), the country's first conventional
bond issue since 2010, have a credit rating of BBB/BBB and carry a stable future outlook by international rating agencies Standard and Poor's and Fitch.
"We have not made a final decision about a sovereign
bond issue," said Idriss Azami al-Idrissi, minister in charge of the budget.
Joice Mathew, senior manager for research at United Securities in Muscat, told Gulf News that proceeds from the new
bond issue could be used to reduce the deficit and refinance bonds maturing this year.