Tuesday, July 17, 2007

Kingboard Chemical, Sri Lanka, Cikarang Listrindo, Mizuho: Asia Bond Alert

(Bloomberg) -- PT Cikarang Listrindo, an independent
power producer, 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 $44 billion of debt
denominated in dollars, euros and yen this year, up from $37.5
billion a year earlier, Bloomberg data show. Sales of Samurai
bonds, yen debt sold by foreign entities in Japan, rose to 1.4
trillion yen ($11.5 billion), from 741 billion yen in the whole
of 2006.


Read more at Bloomberg Bonds News

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