Published On: May 10th, 2021Categories: Trade Ideas
The Chinese government continues to prioritize the development of natural gas usage in a bid for the country to go cleaner. This backdrop is positive for ENN Natural Gas, a leading privately-run clean energy company in China, which came to the market with a new $3.375% 2026 (USG3065HAB71 – BBB-), issued by an indirectly wholly owned subsidiary ENN Clean Energy Investment Ltd, a special purpose entity.
Due to the scarcity of good quality crossover names in China outside of the property space, this bond is attractive for crossover investors in search of diversification.
Don’t miss our latest publication! Discover us on www.bridport.ch
