Greater China loan momentum builds as low pricing, liquidity boost interest

Greater China issuers are eagerly turning to the international loan market again for funding, encouraged by low pricing and flush liquidity to refinance debt early and raise new money. But there are still many roadblocks, with banks cautious about predicting a quick recovery to pre-Covid levels. Pan Yue reports.
The Greater China loan market has started 2021 on a strong note. A total of 50 offshore deals from mainland China and Hong Kong worth $32.6bn had been launched or closed in the first quarter of 2021, accounting for 78% of the deal volume from Asia ex-Japan,
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