KTL Global to issue $5.35m of zero interest convertible bonds to Chinese investor

KTL Global to issue $5.35m of zero interest convertible bonds to Chinese investor

Offshore services company KTL Global has agreed to issue S$5.35 million in five-year, zero-coupon convertible bonds to a Chinese investment firm to raise money for growth and expansion, according to filings on the Singapore Exchange on Monday (March 4).

Brazilian pulp maker Eldorado suspends $500 mln bond sale -source

Brazilian pulp maker Eldorado suspends $500 mln bond sale -source

Earlier on Thursday, a court in Singapore had blocked the sale of Eldorado bonds to local investors, saying the firm should clarify information on its offering prospectus.

Banks struggle to implement SFC’s new due diligence requirements

Banks struggle to implement SFC’s new due diligence requirements

Banks in Hong Kong are feeling the pressure mount as the Securities and Futures Commission’s (SFC) April implementation deadline for the new suitability requirements edges closer, according to an industry professional.

High-quality bonds in short supply, high demand - Shanghai Securities

High-quality bonds in short supply, high demand - Shanghai Securities

Local government Chinese bonds issued last Friday by the northern Hebei province were 52.74 times oversubscribed, underscoring huge demand for high-quality debt instruments as Beijing relaxes monetary conditions, the Shanghai Securities News reported.

New EU rules electrify fixed income trading volumes: survey

New EU rules electrify fixed income trading volumes: survey

Volumes of electronic trading in fixed income have jumped since European Union rules introduced a year ago made it more cumbersome to execute over-the-counter (OTC) business, in a bid to make deals more transparent, a report said.