Page 2 - Jason Elder News Today

Chinese stock sales have been recorded in the US, despite the threat that they will be removed Funds raised by Chinese groups in U.S. stock markets rose 440 percent in the early months of 2021, surpassing the threat of necessarily expelling attractive Wall Street valuations. According to Dealogic data, Chinese companies have achieved a record $ 11 billion this year on the New York Stock Exchange and Nasdaq’s initial public offering, tracking stock sales and issuing convertible bonds. Among t...

Mongolian Mortgage Corporation HFC LLC completed the issuance of US$250 million 8.85% senior notes due 2024.  The issuer plans to use the net proceeds from the offering to purchase its outstanding 9.75% senior notes due 2022, and the remainder to purchase mortgages with recourse in the ordinary course of business. This transaction forms part of Mongolia’s effort to revitalize its economy and encourage domestic sustainable development during the COVID-19 pandemic. This issuance introduces ...

Mongolian economy boosted via USD 250 million offering Published by: Sandy Bhadare at 08 Mar 2021 In an effort to revitalise Mongolia’s economy and drive domestic sustainable development as Covid-1... In an effort to revitalise Mongolia’s economy and drive domestic sustainable development as Covid-19 persists, housing finance company Mongolian Mortgage Corporation and MIK Holding have...