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Junk bond dealmaking rebounds as Asian yields hit 3-year low
Published Mon, Aug 8, 2016 · 09:50 PM
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Hong Kong
ASIA'S high-yield bond market jolted back to life last week after a rally in credit spreads triggered a flurry of new issues.
Six Asian companies with sub-investment grade, or junk, credit ratings sold US dollar bonds in just two days, adding to hopes of a recovery after a dismal first half for new issues.
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