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
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
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
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
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