Credit Suisse: ‘Conditions ripe for private deals’

Asian borrowers have turned to the bond market in increasing numbers this year, as rising bank funding costs and the scale-back by European lenders have slashed loan volumes. But the bond market is starting to become a tougher place in which to fund, and high yield companies may soon head back to the loan market. According to senior bankers at Credit Suisse, such borrowers should consider taking the private route, adding structural tweaks to their deals to attract lenders.