Swire, Nine Dragons bring corporate market to life
Asia’s international bond market looks set for its busiest week for months, with Chinese paper company Nine Dragons looking to follow a quickfire $400m 10 year bond from Hong Kong’s Swire Pacific. It would be Asia’s first dollar corporate bond since October. Bookrunner Merrill Lynch will be hoping Nine Dragons can capitalise on some improving market sentiment, but does this mean the Asian credit markets are getting back to normal? Read EuroWeek on Friday to find out.
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