Taiwan: the promised land for Asian DCM?
The Island Republic may finally be preparing to take up residence in the international debt markets, with a number of bank capital transactions under consideration.
Taiwan has long been the bedrock of regional issuance in the international equity markets, but the vibrancy of its domestic debt markets has proved a continual constraint to international debt issuance in any size or regularity. However, mass upheaval in the domestic banking sector, now starting to undergo rapid government-enforced consolidation, may be the catalyst that encourages domestic issuers to look to overseas funding for almost the first time. Alongside a significant uptick in...
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