Zhuhai Huafa Group Co., one of China’s largest local government-owned conglomerates, is facing a record selloff in its offshore bonds, as the country’s prolonged property crisis raises credit risks.
Zhuhai Huafa Group Co., one of China’s largest local government-owned conglomerates, is facing a record selloff in its offshore bonds, as the country’s prolonged property crisis raises credit risks.
Chinese food-delivery giant Meituan is seeking to raise the equivalent of about $1 billion through its offshore yuan bond offering, according to people familiar with the matter, as it joins a growing wave of issuers tapping the dim sum debt market.
Chinese food-delivery giant Meituan is seeking to raise the equivalent of about $1 billion through its offshore yuan bond offering, according to people familiar with the matter, as it joins a growing wave of issuers tapping the dim sum debt market.
Tencent Holdings Ltd. raised almost $5.7 billion from the sale of bonds in yuan and dollars to support its growing investments in artificial intelligence.
Tencent Holdings Ltd. raised almost $5.7 billion from the sale of bonds in yuan and dollars to support its growing investments in artificial intelligence.
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector.
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector.
DayOne Data Centers Ltd. has been in preliminary talks for weeks with banks about a potential $500 million bond offering, according to people familiar with the matter, even as the Singapore-based company plans to list in the US.
DayOne Data Centers Ltd. has been in preliminary talks for weeks with banks about a potential $500 million bond offering, according to people familiar with the matter, even as the Singapore-based company plans to list in the US.
New World Development Co., the stressed Hong Kong developer that’s become a symbol of the city’s efforts to move past its property slump, is seeking to buy more time to pay off creditors with a new bond exchange offer.
New World Development Co., the stressed Hong Kong developer that’s become a symbol of the city’s efforts to move past its property slump, is seeking to buy more time to pay off creditors with a new bond exchange offer.
Brazilian iron ore giant Vale SA is considering to raise as much as 3.5 billion yuan ($522 million) in its debut issuance in China’s bond market, according to people familiar with the matter, joining a growing number of issuers diversifying funding sources and looking for cheaper options.
Brazilian iron ore giant Vale SA is considering to raise as much as 3.5 billion yuan ($522 million) in its debut issuance in China’s bond market, according to people familiar with the matter, joining a growing number of issuers diversifying funding sources and looking for cheaper options.
SoftBank Group Corp.’s billionaire founder Masayoshi Son has said he’s “all in” on AI. The conglomerate’s record $11.1 billion junk bond deal last week shows the lengths his executives have been going to help finance that vision.
SoftBank Group Corp.’s billionaire founder Masayoshi Son has said he’s “all in” on AI. The conglomerate’s record $11.1 billion junk bond deal last week shows the lengths his executives have been going to help finance that vision.
Hong Kong is seeking to raise HK$15 billion to HK$20 billion ($1.9 billion to $2.6 billion) through a multi-currency digital green bond offering that would be the world’s largest of its kind, according to people familiar with the matter, as the city pushes to become a fixed-income hub.
Hong Kong is seeking to raise HK$15 billion to HK$20 billion ($1.9 billion to $2.6 billion) through a multi-currency digital green bond offering that would be the world’s largest of its kind, according to people familiar with the matter, as the city pushes to become a fixed-income hub.
Billionaire Masayoshi Son’s SoftBank Group Corp. pushed through the largest corporate junk-bond offering on record, dangling yields above anything it’s paid before in an effort to fund its massive AI ambitions.
Billionaire Masayoshi Son’s SoftBank Group Corp. pushed through the largest corporate junk-bond offering on record, dangling yields above anything it’s paid before in an effort to fund its massive AI ambitions.
SoftBank Group Corp. has drawn more than $20 billion of preliminary demand for what’s shaping up to be one of the biggest junk bond deals ever, people familiar with the matter said, as investors rush to capture record yields likely to be offered to help fund the firm’s investments in OpenAI.
SoftBank Group Corp. has drawn more than $20 billion of preliminary demand for what’s shaping up to be one of the biggest junk bond deals ever, people familiar with the matter said, as investors rush to capture record yields likely to be offered to help fund the firm’s investments in OpenAI.
SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creator OpenAI.
SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creator OpenAI.
SoftBank Group Corp. secured an additional $450 million to increase the size of an existing credit line to $6.5 billion, people familiar with the matter said, giving the Japanese conglomerate more financial flexibility as it expands investments in artificial intelligence.
SoftBank Group Corp. secured an additional $450 million to increase the size of an existing credit line to $6.5 billion, people familiar with the matter said, giving the Japanese conglomerate more financial flexibility as it expands investments in artificial intelligence.
SoftBank Group Corp. is closing out the week with nearly $21 billion in potential fresh borrowings as it builds out its artificial intelligence financing capacity. It’s also looking to raise another $10 billion to $20 billion next week in a separate jumbo bond deal.
SoftBank Group Corp. is closing out the week with nearly $21 billion in potential fresh borrowings as it builds out its artificial intelligence financing capacity. It’s also looking to raise another $10 billion to $20 billion next week in a separate jumbo bond deal.
Hong Kong, Asia’s leading hub for bond underwriting for more than a decade, is making the most of a record flurry of offshore yuan debt issuance as competition for fixed-income business across financial centers intensifies.
Hong Kong, Asia’s leading hub for bond underwriting for more than a decade, is making the most of a record flurry of offshore yuan debt issuance as competition for fixed-income business across financial centers intensifies.
The Hong Kong stock exchange is considering launching its first-ever bond index before the end of the year, according to people familiar with the matter, as the Asian financial center bets that the benchmark would boost trading activity in the world’s largest offshore yuan market.
The Hong Kong stock exchange is considering launching its first-ever bond index before the end of the year, according to people familiar with the matter, as the Asian financial center bets that the benchmark would boost trading activity in the world’s largest offshore yuan market.
Calls for a slowdown in artificial intelligence development won’t stop major technology companies from pressing ahead with fundraising and capital spending, according to AllianceBernstein Holding LP fixed-income specialists.
Calls for a slowdown in artificial intelligence development won’t stop major technology companies from pressing ahead with fundraising and capital spending, according to AllianceBernstein Holding LP fixed-income specialists.
SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion.
SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion.
SoftBank Group Corp. will repay the balance on a $40 billion loan it signed earlier this year to finance its investment in OpenAI, the Japanese conglomerate said Wednesday, as it moves ahead with plans to refinance that deal with longer-term debt.
SoftBank Group Corp. will repay the balance on a $40 billion loan it signed earlier this year to finance its investment in OpenAI, the Japanese conglomerate said Wednesday, as it moves ahead with plans to refinance that deal with longer-term debt.