Tadawul-listed electricity supplier Saudi Energy (SASE:5110) obtained a 15.80 billion-Saudi-riyal Shariah-compliant Murabaha financing facility from a syndicate of banks.
The seven-year financing will be earmarked for general corporate purposes, according to a Tuesday release.
The financing banks include Saudi National Bank, Al Rajhi Banking and Investment Corp., Saudi Awwal Bank, Banque Saudi Fransi, Arab National Bank, Riyad Bank, and the Saudi Investment Bank.
Shandong Hi-speed (SHA:600350) issued its first tranche of medium-term bonds for the year, which amounted to 500 million yuan, according to a Shanghai bourse filing on Tuesday.The bond has a coupon rate of 1.68% and a term of three years, maturing July 27, 2029.China Merchants Bank (SHA:600036, HKG:3968) is the bookrunner and lead underwriter of the issuance.The transportation infrastructure company's shares fell 3% during the morning trade.
Polymetals Resources (ASX:POL) said it exchanged a AU$28 million Endeavor Mine rehabilitation bond previously held by project vendor CBH Resources using existing cash reserves, according to a Tuesday filing with the Australian bourse.The exchange is the last step in the company's acquisition of the Endeavor Mine in New South Wales, and will release Polymetals of the vendor-held senior security over the project while transferring full ownership of Cobar Infrastructure to Polymetals by July 30, per the filing.The company's shares were down about 3% in recent Tuesday trade amid broader market weakness.
3:00 Monday vs 3:00 Friday2yr 99-21 vs 99-20; 4.318% vs 4.326%5yr 98-25+ vs 98-21; 4.397% vs 4.424%10yr 98-04+ vs 97-20; 5.149% vs 5.184%30yr 98-02+ vs 97-18; 5.125% vs 5.158%2/10 32.045 bps vs 34.657 bps5/30 72.620 bps vs 73.364 bps