Asian bonds: imbalances persist
Heavy issuance clouds relative value perceptions in secondary markets as the gap widens between the fortunes of investment grade and high yield transactions.
October 02, 2018
Alibaba never does anything in half measures and, having already completed the world's biggest IPO, the group is now preparing to launch Asia's largest ever bond offering. Roadshows will begin on Monday for a debut dollar-denominated 144a transaction, which could raise up to $8 billion.
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