HCP Global pulls term loan B but US market still likes the look of Asia

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HCP Global pulls term loan B but US market still likes the look of Asia

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This week's postponement of cosmetics packager HCP Global’s $380m term loan B at first raised fears that US investors were growing weary of Asian credits. But with the delay put down to the macro backdrop rather than any anxiety about the issuer, bankers said Asian names will still find a good reception in the US if they have a story to sell, writes Shruti Chaturvedi.

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