Green energy player Greenko, communications services company Global Cloud Xchange and steelmaker Tata Steel are set to price dollar bonds by this week's business, the latest players to emerge in the Asian high-yield space that are not actually from China
The three bonds, which originate from India, come at a time when high-yield experts are calling for increase diversity in a space that is highly dominated by Chinese issuers
According to Dealogic data, Chinese issuers have raised close to $11 billion with 31 deals in the high-yield space year-to-date, accounting for 72 3% of total market share This is followed by Singapore, Indonesia, Macao and India, with market shares of 6 6%, 5...
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