Asia Debt Capital Markets

While many investment markets are still experiencing the aftermath of the subprime crisis, the Asia bond market remains active this year, as evidenced by some recent multi-hundred million issuance by Sinopec, ADB and ICICI Bank. This course will provide a comprehensive overview and practical guide to the trends and legal developments of the Asia bond market.

Detailed Information

Highlights of the course include:

  • Current developments of debt capital markets in Asia
  • Types of bonds – investment grade, high yield, bank capital, corporate hybrid, sukuk, green bonds, etc
  • Bonds compared to other sources of long term finance – e.g. loans, equity, etc.
  • Pricing of bonds – credit considerations
  • Primary vs. secondary markets: underwriting, legislative constraints, etc.
  • Structuring – contract, term, coupon rate, maturity, physical bond, etc.
  • Types of issues – private placement vs. public offering; domestic vs. international issues, etc. – and differences in the structure / documentation / approvals
  • Legal status of bondholders as creditors: risks and how to address risks e.g. debt ranking, secured v. subordinated, etc.
  • Trustee Issues
  • Enforcement actions

Registration Conditions

To view our registration conditions click here.