Debt

News analysis

  • Chinese credit enhancements dominate bonds

    29 April 2015

    Chinese corporate issuers are now able to guarantee their bonds, but regulatory restraints mean that support mechanisms remain popular

  • Rating agencies' views differ on Kaisa default

    21 April 2015

    Troubled Chinese property developer Kaisa defaulted this week on its 12.875% notes due 2017 and 8.875% senior notes due 2018. It’s still unclear what this means for bankruptcy in the country

  • EM issuers should steer clear of portability

    16 April 2015

    The debate surrounding the usefulness of portability clauses in European high-yield continues, with one in-house counsel at IFLR’s Capital Markets Forum insisting it has no place in emerging market corporate-led deals

  • RBI exposure limits to drive financing diversification

    08 April 2015

    A discussion paper proposing that banks’ exposure to a single corporate, to connected parties, cannot exceed 25% could prompt companies to tap the local debt capital markets