Indian 2014 supply to be lower than expected
As market reforms continue, supply pressures for Indian companies and financials will ease. Strategists expect around US$14 billion of issuance, mostly frontloaded, from repeat names.
Indian credit has taken a battering this year and many expected supply pressures to force companies offshore in 2014, but several factors mean that supply could be more in line with 2013 levels, which will in turn improve investor sentiment on those deals that do come.The prospect of ...
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