Bankers eye Chalco corp hybrid in hopes of demand revival

Asian issuers that had put their corporate hybrid plans on hold are now dusting off their documentation in the wake of Wednesday night’s agreement in the US on resolving the government shutdown and staving off default by extending the country’s debt ceiling, writes Frances Yoon. The better environment is expected to fire up demand for a senior perpetual bond from Aluminum Corporation of China (Chalco) that kicked off marketing on Wednesday, and success on that deal could prompt others to try their luck.