Asia dollar bond market springs back to life

Franshion Properties, Times Property and Nomura sell dollar debt, and Mizuho is raising Japan’s first bank capital note.

The Asia dollar-denominated market experienced one of its busiest weeks since the week of February 17 with as many as five transactions printing and a few others in the pipeline.

Franshion Properties, Times Property and Nomura came to Asia’s dollar market on Wednesday, while United Overseas Bank and Hyundai Capital Services also issued dollar-denominated debt on Tuesday, according to Dealogic data. The week of February 17 saw 11 deals being issued.

As the earnings season passes, more issuance is likely to come and will be more diversified, according to credit analysts. “The trend we have seen in the last couple of days with more issuance coming through...

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