Just Priced — New Issues
Bonds issued within the last 90 days.
The Just Priced theme covers USD bonds issued within the last 90 days, giving investors a view of where new supply is clearing across sectors and sovereign and corporate credits. Zenith Communications' ZENARC 8.875% 2031 (BB) trades at 85.5 for a 13.02% yield, while Gabon's 9.375% 2034 and Arxofin's 11% 2031 (B) both yield about 12.3%, offering substantial pickup for longerdated risk. Energy and utilities names offer a middle ground: GEOPAR 9.5% 2033 (B+) yields 10.60%, NPCUKR 8.5% 2031 yields 10.92%, and PDSJAR 9.55% 2035 yields 11.14%, so investors must weigh spread compensation against lower ratings and longer tenors.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | China SCE Group Holdings Ltd. | …2495 | 0 | 887.892 | 0.75 | 2028-04-23 | No Rating | USD | 711MM | |
| 2 | China SCE Group Holdings Ltd. | …0824 | 2 | 105.656 | 2.5 | 2032-10-23 | No Rating | USD | 603MM | |
| 3 | China SCE Group Holdings Ltd. | …6946 | 1 | 85.629 | 1.5 | 2034-10-23 | No Rating | USD | 250MM | |
| 4 | Zenith Arc LLC | …AA70 | 8.875 | 13.02 | 85.5 | 2031-08-31 | 2028-08-31 | BB | USD | 2.25BN |
| 5 | ARXO FINANCE PLC | …9844 | 11 | 12.304 | 95.305 | 2031-09-24 | 2029-03-24 | B | USD | 300MM |
| 6 | Gabonese (Republic of) | …2253 | 9.375 | 12.298 | 85.4318182 | 2034-10-21 | No Rating | USD | 580MM | |
| 7 | San Juan (Province Of) | …AC23 | 9.55 | 11.14 | 91.15 | 2035-10-01 | 2035-08-01 | High Yield 2 | USD | 600MM |
| 8 | National Power Company Ukrenergo Private Joint Stock Company | …4210 | 8.5 | 10.915 | 90.82 | 2031-12-01 | No Rating | USD | 395MM | |
| 9 | GeoPark Ltd. | …AE51 | 9.5 | 10.597 | 94.69 | 2033-10-28 | 2029-10-28 | B+ | USD | 550MM |
| 10 | GeoPark Ltd. | …AD10 | 9.5 | 10.597 | 94.6875 | 2033-10-28 | 2029-10-28 | B+ | USD | 550MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.