JG Summit opens 2006 high-yield corporate market

In a year that many analysts expect to be a breakout year for the Asian high-yield debt market, JG Summit has opened the corporate space pricing an upsized $300 million offering last night (January 11). Under the sole lead of Credit Suisse First Boston, a $200 million issue was upsized to $300 million after the book closed at $1.4 billion.