May
14
Here’s Taiwan on a Map, And It Has $554 Billion to Buy Your Debt
By
Sinopac Securities head of fixed income Leon Huang said, “Many banks that weren’t in the bond underwriting business have hurriedly assembled an army.” Source: Leon Huang via Bloomberg
Page one of Leon Huang’s pitch book has a map of Asia to show prospective bond issuers where Taiwan is.
In the past seven months, his team at Sinopac Securities Corp. has visited locations including Hong Kong, Luxembourg, London and South America to meet potential sellers. After introducing the island’s flag, exports and population, the pamphlet arrives at its biggest draw: the cash…
Here’s Taiwan on a Map, And It Has $554 Billion to Buy Your Debt
