sections

Tuesday, 17 October 2017

Paul Kilby' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • UPDATE 1-Mexico's Cydsa forced to pay up on bond

    Ticker | 29 September 2017

    Mexico’s Cydsa (BB+/BB) was forced to sweeten terms on a 10-year non-call five bond on Friday after receiving buyside pushback on its first dollar trade in decades, sources told IFR.

  • Mexico's Cydsa widens price guidance on bond

    Ticker | 29 September 2017

    Mexican chemical manufacturer Cydsa (BB+/BB) widened pricing some 80bp on a US$300m 10-year non-call five bond after receiving pushback from investors, sources told IFR on Friday.

  • IFR SNAPSHOT: Junk drives supply, as high-grade takes breather

    Ticker | 29 September 2017

    Junk rated companies were driving bond supply with casino operator Caesars and FLY Leasing being the sole issuers in the US corporate market on Friday.

  • Gramercy awaits right time to enter Venezuela

    Ticker | 29 September 2017

    Hedge fund Gramercy has raised dedicated capital to invest in Venezuela but has yet to put the money to work, believing a default is on the cards before things start to get better.

  • Gramercy awaits right time to enter Venezuela

    Emerging Markets | 29 September 2017

    Hedge fund Gramercy has raised dedicated capital to invest in Venezuela but has yet to put the money to work, believing a default is on the cards before things start to get better.

  • Mexican national flag

    Alfa balks at investor bid for Sigma IPO

    Top News | 29 September 2017

    Mexican conglomerate Alfa pulled the plug on the up to US$1bn spin-off of its food division Sigma Alimentos on Wednesday rather than accept what it viewed as a cut-rate valuation.

  • Alfa cancels IPO of subsidiary Sigma

    Ticker | 27 September 2017

    Mexican conglomerate Alfa pulled the plug on the up to US$1bn spin-off of its food division, Sigma Alimentos, on Wednesday after the company and investors failed to see eye to eye on pricing.

  • Investors take late Venezuela payment in their stride

    Emerging Markets | 22 September 2017

    Venezuela bond holders took another late debt payment in their stride last week when the government delayed its first coupon due since the US deepened sanctions earlier this month.

  • Commuters travel in a Metrocable cabin in Caracas

    Venezuela bonds weak on talk of late coupon payment

    Ticker | 20 September 2017

    Venezuela bonds were under pressure late Wednesday amid talk that holders of the sovereign’s 2027s have yet to receive a US$185m coupon payment that was due on September 15.

  • Syngenta logo

    Lawsuit worries delaying Syngenta bond: report

    Ticker | 19 September 2017

    Syngenta (Ba2/BBB-) delayed a US$7bn bond deal another week amid concerns bond investors could be subordinated to claimants in lawsuits against the company, CreditSights said in a report.