Newell Brands (NWL) said Wednesday it intends to offer $500 million of senior unsecured notes due 2031 in a private offering.
Net proceeds will be used to help redeem its 6.375% senior notes due 2027, the company said.
Price: $6.02, Change: $-0.12, Percent Change: -1.88%
Guosen Securities (SHE:002736) called for the payment of interest of a 2.40 billion yuan bond by Thursday, Aug. 6, according to a Shenzhen bourse filing published late Tuesday.The 10-year fixed-rate bond, which has the abbreviation 25 Guozheng 07, has a coupon rate of 2.15% every year.An interest of 21.50 yuan before tax will be paid for every 10 bonds.
Mapletree Logistics Trust (SGX:M44U) has priced SG$400 million in subordinated perpetual securities at 3.5%, according to a Tuesday filing to the Singapore stock exchange.Shares of the logistics real estate investment trust were down nearly 1% in Wednesday's trade.The perpetual securities have no fixed redemption date. The initial distribution rate of 3.5% per annum applies from Aug. 12 through Aug. 12, 2031, after which the rate will reset.Proceeds from the issuance will be used for general corporate and working capital.The Series 015 Perpetual Securities are rated BBB- by Fitch.
3:00 Tuesday vs 3:00 Monday2yr 100-03 vs 99-31; 4.192% vs 4.254%5yr 100-06 vs 99-28+; 4.331% vs 4.398%10yr 97-23 vs 97-02+; 5.184% vs 5.236%30yr 97-04+ vs 96-17; 5.188% vs 5.228%2/10 43.099 bps vs 42.774 bps5/30 85.539 bps vs 82.889 bps