A Guide to Asian High Yield Bonds / Wiley Finance Editions (PDF)

An up-to-date, comprehensive analysis of the high-yield bond
market in Asia

Beginning with a general definition of high-yield bond products
and where they reside within the corporate capital structure, this
newly updated guide looks at the development of high-yield bonds in
the United States and Europe before analysing this sector in Asia.
It covers issuer countries and industries, ratings, and size
distributions, and also covers the diversification of the
high-yield issuer universe. It includes a thorough technical
analysis of high-yield bond structures commonly employed in Asian
transactions, including discussion of the respective covenants and
security packages that vary widely across the region. Chapters and
sections new to this edition cover such subjects as high-yield bond
restructuring, the new high-yield "Dim Sum" market, and the
high-yield placement market shutdown of 2008 - 2009. Finally,
the book looks at the new characteristics of Asian economies for
indicators on how the high-yield market will develop there are the
near future.

* Offers an extremely detailed analysis of Asia's high-yield bond
market

* Features new and updated material, including new coverage of
the key differences between Asian structures and United States
structures

* Ideal for CFOs of companies contemplating high-yield issuance,
as well as investment bankers, bank credit analysts, portfolio
managers, and institutional investors