How PNG will build on its international bond market debut

Deputy prime minister says the country has overturned expectations about a misunderstood credit following the successful completion of a $500 million deal.
September 29, 2018

It took three failed attempts spanning nearly two decades. But the Independent State of Papua New Guinea’s (PNG) successful completion of a debut international bond deal at the end of September represents a remarkable achievement for a country that is far more used to setbacks than success.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Why NagaCorp bond marked a rare win for investors

First ever bond issue from Cambodia comes up trumps despite being caught in the crosshairs of emerging market volatility and the deadening weight of Chinese property credits on secondary market spreads.
May 16, 2018

Asian dollar bond issuance hits record high

Region enters the record books with four months of the year still to go. Will issuance continue to set such a frantic pace over the autumn and winter months?
August 30, 2017

Asian bond outlook: Asean re-awakens

Southeast Asia and India were the bright spots in the debt capital markets in 2018. Could this be the year they emerge from China’s shadow?
January 03, 2019