January is off to a roaring start with the Republic of the Philippines and Stats ChipPac both launching bond deals yesterday, and a steadily growing number of high-yield debt deals in the market.
With the Lunar New Year lull expected in a month’s time and a heavy new issuance pipeline building, issuers are keen to push deals out the door and capture a window of opportunity as credit conditions have been relatively sanguine in the days leading up to January.
“It will be a busy start to the year. We expect that Asia ex-Japan G3 bonds could easily raise more than $60 billion this year, compared to the...
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