Thursday, July 12, 2007

Neo-China, SK Telecom, Korea Exchange Bank, Mitsubishi: Asia Bond Alert

(Bloomberg) -- SK Telecom Co., South Korea's largest
mobile-phone operator, and Azgard Nine Ltd., a Pakistani maker of
textiles and fertilizer, are among borrowers seeking to sell at
least $7 billion of bonds in Asia, according to data compiled by
Bloomberg.

Governments and companies in Asia sold $43.3 billion of debt
denominated in dollars, euros and yen this year, up from $37.5
billion a year earlier, according to data compiled by Bloomberg.
Sales of Samurai debt, bonds sold by foreign entities in Japan,
increased to 1.3 trillion yen ($10.6 billion), from 741 billion
yen in the whole of 2006.


Read more at Bloomberg Bonds News

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