Asian debt markets are poised for a busy few days as borrowers rush to issue more than $2 billion of G3-currency bonds ahead of a long weekend in the US.
“People are trying to get deals out,” said one banker. GCL-Poly Energy and Lonking Holdings have spent the past few days meeting investors, and Vedanta Resources is expected to price a deal tonight.
However, market conditions have been jittery, with a sell-off in equities during the past few days. Getting deals away could be a challenge.
GCL-Poly wraps up roadshows in the West Coast today. China’s biggest producer of solar polysilicon...