Bond rush continues as Philippines returns
The ever-popular Philippines returned to the dollar bond markets in style on Monday, setting the tone for another busy week in the Asian markets. Korea Electric Power Corp and Suhyup Bank also sold dollar deals, while Korea’s Woori Bank embarked on another non-deal roadshow as the flow of international issues showed no sign of letting up. Read EuroWeek on Friday for a full report on this week’s new issues, plus news of more restructurings from Asia’s troubled high yield market.
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