Asia Inc perpetual bonds have bumper year as Softbank joins ranks

SoftBank Group Corp. Chairman and CEO Masayoshi Son speaks during an earnings briefing in Tokyo, Japan, July 28, 2016. REUTERS/Kim Kyung-Hoon

Asia Inc‘s scramble to lock in low interest rates and investors’ thirst for a steady stream of income have boosted perpetual bond issuance in the region to a record this year, led by a clutch of jumbo deals from ChemChina to Japan’s SoftBank.

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