Fitch rates ICBCTL's guaranteed bonds
at the same level as ICBCT's National Long-Term Rating of 'AAA(tha)' to reflect the unconditional and irrevocable guarantee the bank provides on the bonds.
"After taking into consideration the significant reduction of ELA funding by e1/49,4 bn since April 2013 to a current level of e1/42.0bn, the Board of Directors of Bank of Cyprus, at its meeting held on 16 August 2016 decided to proceed with the cancellation of (i) Guaranteed Bonds
of e1/4500.000.000 (BOCYG ISIN CY0143940118) issued on 14 November 2012 and (ii) Guaranteed Bonds
of e1/4500.000.000 (BOCYG2 ISIN CY0143950117) issued on 27 November 2012," the bank said in a statement.
Bank of Cyprus announce also that following the approval of the Central Bank of Cyprus, the Republic of Cyprus (Ministry of Finance) as Guarantor and the holders of Euro 500 mn Guaranteed Bonds
(K[eth]N[eth]a[eth]i[eth]o/BOCYG) with ISIN Code CY0143940118 issued on 14 November 2012, the maturity date of the Guaranteed Bonds
changes from 13 November 2014 to 13 November 2017 with effect from 12 November 2014.
(0735.HK), a China-based renewable energy power provider, is planning to issue yuan-denominated guaranteed bonds
in Hong Kong, according to the company.
Man Synergy Ltd can be accessed through a choice of structures: either capital guaranteed bonds
or income bonds.
Royal & Sun Alliance Insurance Group plc has completed an exchange offer on $500 million of subordinated guaranteed bonds
They are adaptive in structure - they can be pass-through certificates, subordinated notes, guaranteed bonds
- and useful as a finance tool in corporate strategy.
The agency has also downgraded the guaranteed bonds
issued by subsidiary, CIMB Thai Auto Co., Ltd.
Freshfields Bruckhaus Deringer LLP (Freshfields) has advised Beijing Capital Development Group (Beijing Capital Group) on its issuance of US$500 million senior guaranteed bonds
due in 2021, with an interest rate of 3.375% and an issue price of 98.983%.
The product is offered in USD and EUR guaranteed bonds
as well as non-guaranteed USD income bonds.
Bangkok: Fitch Ratings (Thailand) has affirmed the National Long-Term Ratings of Thai ORIX Leasing Company Limited's (TOLC) Thai baht-denominated guaranteed bonds
Fitch has also affirmed the rating for SUAM Finance BV's guaranteed bonds