Ford has a good history as a borrower, so it was no surprise that its $1.5 billion global in February was so well received. But in Asia as well? In the past, bankers would seldom recommend that single A corporate credits try to reach investors in Asia outside Japan. And yet, says Peter Charles, vice-president of fixed-income syndicate at Salomon Brothers, joint lead on the deal with bookrunner Goldman Sachs: “This deal was probably the best-placed corporate paper in Asia this year”.
Thanks for your interest in Euromoney!
To unlock this article:
