This page is dedicated to research articles on primary fixed income markets. For further information please contact Dan Barnes.
THE BOOK
The Book: Nissan prices US$5.8 billion in recovery plan
Nissan has priced JPY 860 billion (US$5.8 billion) in USD- and euro-denominated bonds and JPY-denominated convertible bonds.
Approximately JPY 660 billion (US$4.5 billion) will be issued in USD- and euro-denominated bonds, with the remaining JPY...
The Book: Stellantis issues US$1.9bn debt, faces US$2.7bn loss
Auto manufacturer Stellantis has reported a US$2.7 billion loss in the first half of 2025, results that chief financial officer Doug Ostermann described in an earnings call as “far below our potential”.
The firm issued...
The Book: Türkiye issues its first digitally native note
Türkiye İş Bankası (İşbank) has issued Türkiye’s first digitally native note (DNN), facilitated by Euroclear.
The US$100 million DNN was issued on Euroclear’s Digital Financial Market Infrastructure (D-FMI), with the International Finance Corporation (IFC) as...
The Book: Supermicro prices US$2 billion convertible senior notes due 2030
Super Micro Computer, Inc. (NASDAQ: SMCI), commonly known as Supermicro, announced the pricing of a US$2.0 billion private offering of convertible senior notes due 2030. The notes carry no regular interest payments, effectively priced...
