|
The elements are all there to spark another investment banking gold rush. |
IT IS NO SURPRISE that Morgan Stanley’s debt capital markets bankers in China are confident. They struck gold in the second half of 2004 when they brought the first three China high-yield issues to market: Sino-Forest Corporation, Panva Gas Holdings and Asia Aluminum Holdings. These deals were greeted enthusiastically by investors and more of the same could prove to be a gold mine with one of the most lucrative fee veins for years.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
