More power, infrastructure-related PDS seen, BUSINESS TIMES

Business Times (Malaysia)

01-29-2002

THE bulk of new private debt securities (PDS) in 2002 will come from
corporate financing and refinancing, and not in the form of "crisis bonds"
which dominated the market last year.
Specifically, the bond market is expected to see a lot of new power
and infrastructure-related debt papers this year.
"Crisis restructuring in Malaysia is nearing completion and as such,
the bond market will be seeing less of such bonds from now," said Nazir
Razak, chief executive and managing director of Commerce Intern