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M&A activity to fuel Southeast Asian corp bond issuance
July 13, 2012
A narrowing of spreads between loans and bonds, as well as a favourable investor appetite for higher-yielding credits, will drive bond issuance by Southeast Asian companies seeking acquisition financing.
Increasing interest in outbound and intra-regional mergers and acquisitions (M&A) by Southeast Asian corporates will drive bond issuance for the rest of 2012, debt capital market (DCM) sources tell Asiamoney PLUS. They note that a narrowing of spreads between loans...
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