Shanghai Pudong Development Bank (SHA:600000) raised 30 billion yuan via the issue of three-year fixed-rate bonds, priced at a coupon of 1.56%.
Proceeds will be channeled exclusively into lending to small and micro enterprises, according to a weekend filing with the Shanghai bourse.
Sienna Senior Living (SIA.TO) on Friday said rating agency Morningstar DBRS confirmed a "BBB" rating as the company's issuer rating, while the ratings on its senior unsecured debentures is also confirmed at "Stable"."The confirmation of Sienna's BBB credit rating reflects the strength of our operating platform and balance sheet, and the consistent execution of our growth strategy. During a period of compelling fundamentals for the Canadian senior living sector, maintaining an investment-grade rating allows us to access capital on attractive terms as we continue to scale our platform," Chief Executive Nitin Jain said in a release.
3:00 Friday vs 3:00 Thursday2yr 99-20 vs 99-18; 4.326% vs 4.353%5yr 98-21 vs 98-02+; 4.424% vs 4.457%10yr 97-20 vs 97-15; 5.184% vs 5.204%30yr 97-18 vs 97-13; 5.158% vs 5.169%2/10 34.657 bps vs 34.377 bps5/30 73.364 bps vs 70.969 bps
BlackRock (BLK) started marketing $12.3 billion in high-grade bonds to finance a Meta Platforms (META) data center project, Bloomberg News reported Friday, citing a person familiar with the matter.A holding company linked to the asset manager is offering a single tranche of notes maturing in 2048 at a premium of roughly 2.875 percentage points above Treasuries, the news outlet quoted the person as saying.The sale proceeds will support a Texas facility expected to deliver up to 1 gigawatt of computing power, with BlackRock units holding 80% stake and Meta owning the rest, according to the report.BlackRock and Meta Platforms did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $1040.77, Change: $+3.61, Percent Change: +0.35%