Emerging market corporate bond sales scale record high this year

Emerging-market firms have flocked to bond markets to cash in on low interest rates and have raised a record amount of money to fund expansion plans as they look beyond the pandemic. In an article by Reuters, our expert shares his views on the future of emerging-market corporates.

Extract from the article: “The fundamentals of EM corporates still remain strong…Despite higher spreads, net leverage of high-yield issuers in emerging markets was around three times compared to five times for their U.S. counterparts in 2020”