Financial Wire

標普評估GOHL Capital Holdings擬發行的混合型債券,認為其權益佔比為中等。

-- 標普全球評級週一發佈公告稱,已將GOHL Capital Holdings擬發行的次級永續資本證券評估為具有中等股權成分。 標普認為,擬發行證券中50%將被視為債務。 雲頂海外控股有限公司(Genting Overseas Holdings)是總部位於馬來西亞的雲頂集團(吉隆坡證券交易所代碼:GENTING)的全資子公司,也是其國際投資的投資控股工具,將作為該混合證券的擔保人。 標普認為雲頂海外控股有限公司是其母公司的核心子公司,在任何可預見的情況下都將獲得母公司的特別支持。 標普表示,雲頂集團為該混合證券提供了“支持協議”,表明其母公司致力於支持子公司及集團的整體信用品質。

Related Articles

Treasury

Canada's April CPI Will Jump to Around 3% Y/Y After March's Surge, Says CIBC

Everyone knew that Canada's inflation would jump in March due to higher gasoline prices, but the only question remaining was how high would it jump, said CIBC after Monday's consumer price index data.The 2.4% year-over-year headline reading, driven by a 0.9% non-seasonally adjusted (NSA) month-over-month increase (0.5% after seasonal adjustment), was actually slightly below the consensus expectation (2.6%), although still a sharp acceleration from 1.8% year over year in the prior month, noted the bank."Of course" higher gasoline prices were the primary driver of the acceleration in inflation, with only limited sign of pass-through to other areas yet, said CIBC. Indeed, if anything, core inflation was tamer than expected in March, with four measures (CPI-Trim, Median, CPI-X and excluding food/energy) averaging 0.1% month over month and 1.4% on a three-month annualized basis, it added, while noting telephone services saw a big decline on the month, which had a strong downward impact on the CPI-X and ex food/energy measures of core inflation.Looking forward, CIBC said a further rise in gasoline prices will see headline inflation jump to around 3% next month, before hopefully easing back slightly in May, partly due to the temporary suspension of the federal fuel excise tax (worth about -0.2% percentage point to headline inflation for May).Pass-through from higher energy prices into core measures of inflation may become more evident closer to the summer months, particularly as higher air fares are picked up more fully, but slack within the Canadian economy should prevent those measures from reaccelerating too much, enabling the Bank of Canada to remain on the sidelines through 2026, it added.

$$CXY
Asia

Huitongda Network Completes Hong Kong-Listed Share Full Conversion

Huitongda Network (HKG:9878) completed the conversion of 349.7 million domestic shares into Hong Kong-listed shares on Monday, according to a same-day Hong Kong bourse filing.The listing of the converted shares on the Hong Kong bourse will begin at 9:00 am on Tuesday, April 21.The logistics company now has 94.21% Hong Kong-listed shares and 5.79% domestic shares.

$HKG:9878
Mining & Metals

Erdene Resource's Bayan Khundii Mine Records 94% of Target Production Throughput in Q1

Erdene Resource Development (ERD.TO) said Monday that the Bayan Khundii gold mine in Mongolia achieved 94% of the target production throughput during the first quarter.The mine achieved commercial production in the first quarter, processing 151,000 tonnes of ore for an average of 1,675 tonnes per day.Bayan Khundii also recorded an average throughput of nearly 90% of nameplate capacity while gold recovery averaged over 96%, exceeding projections in the most recent feasibility study.To date, the mine has produced 15,961 ounces of gold, Erdene said.Erdene Mongol, Erdene Resource's joint venture with Mongolian Mining, generated gross revenues of US$42 million during the quarter after it recorded sales of 8,527 ounces of gold and 3,135 ounces of silver. Average prices stood at $4,872/oz of gold and $80/oz of silver.

$ERD.TO