Deals test market appetite
Article Abstract:
Investment analysts are anticipating a warm response to two asset-backed bond issues in Asia. A $106 million floating-rate portfolio was issued for the Industrial Bank of Korea, while Merrill Lynch will lead a $500 million asset-backed securitization deal for Wharf Holdings Ltd. The Wharf deal is supported by the commercial rental income from its Harbour City shopping center in Kowloon. Traders believe that the conservatively structured issue will attract investors in the area.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Japan's finance shares likely to get boost: planned deregulation could help nonbank lenders join stock rally
Article Abstract:
The proposed deregulation in Japan's finance sector may help Japanese consumer-finance firms to boost their shares. The proposed deregulation is vital since the firms are currently compelled to depend on banks as the source of the majority of the funds they lend to their clients. Deregulation will give the consumer-finance firms more flexibility to pursue the least costly source of funds, according to experts.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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