Bond issuers should move away from Reg-S reliance

Repeat borrowers should also access the Rule 144A market as it offers a much broader investor base and competitive price points, says BofA Merrill.

Bond issuers’ bargaining power will improve if they expand their investor base beyond the Reg-S market, which essentially is the market for debt offerings outside the US by both US and foreign issuers, says Bank of America Merrill Lynch. This is notably true for repeat borrowers.

¬ Haymarket Media Limited. All rights reserved.

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