Beijing makes Evergrande an offer it can’t refuse
With strained liquidity leading to asset freezes and potential court action, is the sheer scale of Evergrande's debt 'too big to fail'?
August 31, 2021
In a year that many analysts expect to be a breakout year for the Asian high-yield debt market, JG Summit has opened the corporate space pricing an upsized $300 million offering last night (January 11). Under the sole lead of Credit Suisse First Boston, a $200 million issue was upsized to $300 million after the book closed at $1.4 billion.
