China offshore loans on the rise

Chinese companies wade into the offshore loan market propelled by their thirst for acquisitions.

 

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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