28 May 2024: Wealth Product Ideas
Ticker and ISIN | FTLNHD 4 ½ 05/02/26 Corp. (XS2290806285) |
Issuer | New Metro Global Ltd. (Guarantor: Seazen Group Limited) |
Country | China |
Currency | USD |
Industry | Other Financial (BCLASS) |
Coupon rate | 4.50% |
Coupon frequency | Semi-annual |
Maturity | 05/02/2026 (CALL 06/24/[email protected]) |
Ratings | Caa2u (Moody’s) |
YTM | 31.373% |
Amount issued | 404,000,000 |
(Source: Bloomberg)
Ticker and ISIN | LNGFOR 4 ½ 01/16/28 Corp. (XS1743535491) |
Issuer | Longfor Group Holdings Ltd |
Country | China |
Currency | USD |
Industry | Other Financial (BCLASS) |
Coupon rate | 4.50% |
Coupon frequency | Semi-annual |
Maturity | 01/16/2028 (MAKE WHOLE @50.000 until 01/16/28/BULLET) |
Ratings | Ba3 (Moody’s) / BB+ (Fitch) / BB (Composite) |
YTM | 12.936% |
Amount issued | 500,000,000 |
