Debt pipeline

Debt pipeline builds, but investors remain selective

For high-yield names, investors are demanding an attractive new-issue premium.
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Car dealers Baoxin Auto and China Zhengtong Auto are among a long list of names talking to bond investors
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<div style="text-align: left;"> Car dealers Baoxin Auto and China Zhengtong Auto are among a long list of names talking to bond investors </div>

The debt pipeline is building, with a few companies on the road last week and this week. These include a number of high-yield borrowers that are faced with a challenging environment as investors stay selective and demand an attractive new-issue premium.

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