Skip to content
Subscriber Only

Record M&A Spree Sees Banks Dominate Dollar Sales: Asean Credit

Southeast Asian banks dominated regional bond sales as corporate clients sought funding during the busiest year for acquisitions on record.

Seven of the top 10 borrowers in the Association of Southeast Asian Nations in the first six months were banks, the most in any half in Bloomberg-compiled data going back to at least 2007. United Overseas Bank Ltd., DBS Group Holdings Ltd., Krung Thai Bank Pcl and Export-Import Bank of Malaysia Bhd. were among lenders raising $4.6 billion.