Credit Suisse shares views on high-yield issuance in Asia

Last year Credit Suisse received our award for the Best High Yield Bond House. We sat down with Derek Armstrong to learn about the bank's projections for Asia's high-yield markets this year.

The volume of high-yield bond issuance in Asia in 2010 should surpass the volumes achieved in 2009, when $6.8 billion was raised from corporate issuers alone, according to Derek Armstrong, head of debt capital markets for Asia at Credit Suisse.  

The market will see a combination of repeat issuers looking to refinance maturing debt and debut issuers that have either entered the capital markets through an initial public offering or have weathered the recession and are now looking to fund their capital expenditure requirements through debt financing, he told Finance...