China re-fi could hit a great wall

The bulk of Asian corporate debt slated to mature in 2017 is from Chinese issuers, which are now perceived as facing the greatest challenge to obtain refinancing.

Increasing funding needs and market volatility as the US begins to raise interest rates will not present a problem for most Asian borrowers as they look to refinance their debt except for some issuers from China. But Chinese borrowers represent the greatest part of a wall of debt that must come due over the next five years.

A total of $1.68 trillion in Asia ex-Japan corporate bonds are due to mature through to 2020. The year to watch is 2017, which poses the highest single amount of debt coming due over the next five years. It accounts for $398.2 billion, or nearly 24% of the total, across 2,595 deals,...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222