Chinese companies have been wading into the offshore loan market during the past few months, thanks to a spike in merger acquisition activity and tight onshore liquidity. This has contributed to an overall uptick in loan volumes this year.
According to Dealogic, borrowers from Asia excluding Japan raised a total of $85.5 billion from dollar loans for the year to date. This represents a 50% rise from the same period last year. China accounted for 30.6% of the year-to-date volume, a rise from 18.5% in 2012 and 6.8% in 2011.
Previously, the loan business has been a South and Southeast Asian...
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