state grid

The Chinese utility giant and Indonesian oil and gas producer receive warm welcome from investors, getting a $10 billion and a $4.5 billion of demand at peak, respectively.

The Chinese energy giant enjoyed a day to itself in Asia’s dollar bond market — and it certainly made the most of the attention.

The Chinese state-owned utility returns to the international bond markets with a four-tranche sale, boosting its M&A warchest.

A trio of benchmark issues are expected this week as falling US Treasury yields underpin credit spreads.

CLP Power, Korea Land and Housing, and State Grid raised $4.5 billion on Monday, taking advantage of an issuance window before the May 1 holiday.

State Grid Corporation of China pays $530 million to Spain's Actividades de Construcción y Servicios for Brazilian power lines.

The electrical infrastructure equipment maker offers its shares at a cheaper-than-average valuation as the large deal size will be a true test of investor appetite for new listings.