The global high yield bond market demonstrated resilience in the first quarter of 2023, according to research by law firm, White Case. High yield bond issuance totalled $29 billion in the US $15 billion in Western and Southern Europe and $2.1 billion in Asia-ex Japan, marking growth of 130%, 65% and 91% in each respective region, compared to the value of bonds issued during the last quarter of 2022.
White Case provides updates on the state of high yield markets in key jurisdictions periodically, and the report published last month was the latest instalment, Jessica Zhou, executive partner at White Case’s Hong Kong office and partner across the firm’s Capital...
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