With investors starved of yield, China Orient could have sold the bonds 10-times over, enabling the state-owned enterprise to price the deal aggressively.
The development of domestic debt markets have been the key to preventing a second financial crisis in the region says HSBC’s head of global banking for South East Asia.
The eldest son of Samsung chairman Lee Kun-hee’s former right-hand man Lee Hak-soo will help the private equity firm return to the fiercely competitive buyout market.