Ocean Yield (OCY.OL) said Monday it exercised its call option to redeem all outstanding senior unsecured callable 1.5 billion Norwegian kroner bonds due 2028.
The Norwegian ship leasing company will pay 101.88% of the nominal amount of the bonds plus accrued and unpaid interest. The call option repayment date is Sept. 21.
HSBC (HSBA.L) issued three series of senior unsecured notes with a combined principal amount of $6.75 billion, according to an Aug. 14 release.The issuance comprised $2.50 billion of 5.243% fixed/floating-rate notes due 2032, $3.25 billion of 5.729% fixed/floating-rate notes due 2037, and $1 billion of floating-rate notes due 2032. The British lender intends to list the notes on the New York Stock Exchange.
China Galaxy Securities (SHA:601881, HKG:6881) redeemed the principal and interest of its 4 billion yuan bond issuance, according to a Saturday disclosure to the Shanghai bourse.The bonds had a term of 248 days and an interest rate of 1.74%, paying out a total of about 4.05 billion yuan in both principal and interest.
Jiangxi Copper's (SHA:600362, HKG:0358) two tranches of medium-term bonds totaling 1.5 billion yuan accrued interest on Friday, according to a Saturday disclosure to the Shanghai bourse.The first tranche has a total amount of 500 million yuan with a 10-year term and an interest rate of 2.14%, while the second tranche is a 15-year bond worth 1 billion yuan and an interest rate of 2.35%.Both issuances form part of a 7 billion-yuan bond program.Industrial Bank (SHA:601166) is the lead underwriter and bookrunner, while China Merchants Bank (SHA:600036, HKG:3968) is the joint lead underwriter.Shares rose 4% in Shanghai and 3% in Hong Kong during morning trading on Monday.