BondEvalue

MACRO | GAINERS & LOSERS | NEW BONDS US equity markets dropped on Tuesday after being closed on Monday due to President's Day holidays. Read the full update: bit.ly/3p9BU8u #bondalerts #bonds #Markets #SPGlobal #NASDAQ

HSBC #HSBC reported that it more than doubled its Q4 profits. Q4 2021 net profits were up $1.1bn to $2bn and its annual net profits were up $8.6bn to $14.7bn. Read more here: bit.ly/3sbumE3 #bondalerts #bonds #Markets #Q4profits

RONSHINE #Ronshine China #downgraded to B- from B by #Fitch reflecting increasing uncertainty over the refinancing of its capital market maturities in H2 2022. Read more here: bit.ly/3BILUuo #bondalerts #bonds #Markets #capitalmarket #refinance #ratings

MACYS Macy's was #upgraded to investment grade by #Fitch, making it a rising star. It was upgraded to BBB- from BB+ with a stable outlook. Read more here: bit.ly/3vqsw4r #bondalerts #bonds #Markets #macys #creditratings

UNIFIN Mexican lender #Unifin is planning to issue Mexican Peso denominated bonds this week. Read more here: bit.ly/3vaMnUM #bondalerts #bonds #Markets

#RussiaUkraineTension US President Joe Biden launched a fresh salvo of sanctions on Russia, calling that latter's move into eastern Ukraine as the "beginning of an invasion". Read more here: bit.ly/36ssiix #bondalerts #bonds #Markets #RussiaUkraineCrisis

Concerns over a new wave of regulatory crackdowns across China's tech sector have taken over investor sentiment. Read here: bit.ly/3t0O3xz #bondalerts #Markets #bonds

MACRO | GAINERS & LOSERS | NEW BONDS US equity markets were closed due to President's Day holidays. The US 10Y Treasury yield dropped 7bp to 1.86% on the back of risk-off sentiment due to Russia-Ukraine tensions. bit.ly/3p6fzZp #bondalerts #bonds #Markets

#Zhenro Properties was #downgraded to Caa2 from Caa3 by Moody's and to C from B by Fitch. Read more here: bit.ly/3HanfjF #bondalerts #bonds #Markets #creditratings

Electricite de France (EDF) was #downgraded to Baa1 from A3 by Moody's and to BBB from BBB+ by S&P. Read more here: bit.ly/3Hb11Oq #bondalerts #bonds #Markets #EDF #moodys

#RussiaUkraineTension Russian President Vladimir Putin announced that he was considering declaring independent two separatist eastern Ukraine regions, Donetsk and Luhansk. Read more here: bit.ly/3h37MHk #bondalerts #bonds #Markets #RussiaUkraineCrisis

VEDANTA Vedanta said that it has earmarked $15bn as part of its entry into the electronic chip and display manufacturing space alongside an overall plan to invest as much as $20bn. Read more here: bit.ly/3IbrvAC #bondalerts #bonds #Markets #Vedanta

Mumbai International Airport has hired banks as part of a debut USD-denominated bond issuance with proceeds going towards refinancing existing debt and capital expenditure purposes. Read more here: bit.ly/3ImBy5K #bondalerts #bonds #Markets

MACRO | GAINERS & LOSERS | NEW BONDS S&P and Nasdaq were lower again on Friday with the indices down 0.7% and 1.2% respectively. Read the full update: bit.ly/3JDHsQk #bondalerts #bonds #Markets #SPGlobal #NASDAQ

THE WEEK THAT WAS US primary market issuances rose over 2.4x to $27.5bn vs. $11.4bn in the week prior. All of last week's new deals were from investment grade (IG) corporates with no deals from high yield (HY) corporates. bit.ly/3v0jgUl #bondalerts #bonds #Markets

UNIFIN Mexican lender #Unifin bonds fell due to concerns among investors over the lender’s ability to tap the bond market and refinance debt due in 2023. Read more here: bit.ly/3s12674 #bondalerts #bonds #Markets

#Zhenro Zhenro Solicits Consent on Waivers/Amendments Regarding Perp due to Insufficient Funds Read more here: bit.ly/35dI3cp #bondalerts #bonds #Markets

FUTURE GROUP Troubled Indian retailer Future Retail's lenders allowed the company to make interest payments of $14mn on its 5.6% dollar bond due 2025. Read more here: bit.ly/3h3l4DO #bondalerts #bonds #Markets #futuregroup

RUSSIA-UKRAINE TENSIONS In a last ditch effort towards diplomacy, French President Emmanuel Macron proposed to hold a summit for US and Russian leaders. Read more here: bit.ly/3sNBlC4 #bondalerts #bonds #Markets #RussiaUkraine

Singapore is set to issue its first sovereign #greenbond as part of an environment-focused financing plan to issue up to S$35bn ($26bn) in green bonds by 2030 to fund public sector green infrastructure projects. Read more here: bit.ly/3v0LD4z #bondalerts #bonds #Markets