2011 off to a busy start in the debt markets

Asian debt markets are off to a brisk start in January with the Philippine sovereign and Stats ChipPac launching deals yesterday and several Chinese high-yield issuers lining up to tap investors.

January is off to a roaring start with the Republic of the Philippines and Stats ChipPac both launching bond deals yesterday, and a steadily growing number of high-yield debt deals in the market.

With the Lunar New Year lull expected in a month’s time and a heavy new issuance pipeline building, issuers are keen to push deals out the door and capture a window of opportunity as credit conditions have been relatively sanguine in...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition