Koreans lead the charge as Asian bond market returns

07 Jul 2011

Asian investment grade borrowers rushed to test demand in the dollar bond market this week, returning to investors after several weeks of sticking to the sidelines. CLP Power, Korea Hydro & Nuclear Power and Kookmin Bank all sold deals this week, proving the debt market is now well and truly open for good credits.

The three bonds were the first Asian deals from unguaranteed, non-sovereign borrowers in several weeks. The issuers raised a combined $1.3bn — and gave bankers confidence that they could start to get through the heavy pipeline of supply that has built up over the last month.

"The market is ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.