For Alphas seeking Alpha...
Below you'll find some conventional ideas we're hunting at the moment. Remember, if you like the underlying sector, geography, or sponsor(s) of these transactions but find a mismatch to your mandate, be it issue size, coupon, duration, structure, or a need for Shariah compliant securities rather than conventional, please howl out as the counterparties are commercially minded and bespoke offerings or direct participation is often possible for institutional tickets (~US$10M+). Alternatively, we may be tracking something unannounced and better suited to your pack. (E): howl@wolvenheim.com
Green Bond: High Purity Alumina (HPA) Production, Malaysia
US$144M @ US$ 11.35% p.a. Duration 6 Years.
Green bond sponsored by the Malaysian subsidiary of an Australian Stock Exchange listed company raising capital via secured listed green bond for constructing a High Purity Alumina (HPA) processing plant in Malaysia. The company has patented technology to produce HPA which is used in synthetic sapphire and as a separator in Lithium-Ion batteries for Electric Vehicles. CICERO has provided a “Light Green” second opinion rating of the company’s green bond framework.