A Philippines port operator has become the first Asian corporate to complete a tender offer of US dollar perpetual bonds. It should boost liability management in region
The Hong Kong Monetary Authority’s bank resolution consultation included the International Swaps and Derivatives Association’s protocol on temporary stays. Other Asian jurisdictions must follow
The country's issuers no longer dispute that representations and warranties for US sanctions compliance are needed. They are now debating their nuances instead
Last week the rating agency downgraded banks in four European countries following doubts over government support. Banks in Asia may be similarly affected
