John Weavers is a Senior Report at International Financing Review based in Sydney where he covers the Australian and New Zealand bond and securitisation markets. John joined IFR in London in 2004 as senior reporter responsible for emerging markets, before transferring Down Under in 2011. Before IFR, he was a senior reporter for Informa Global Markets, having previously written for the Economist Intelligence Unit and Latin American Monitor. John has a BA in Economics from Warwick University and a MSc in Economics of Latin America from Queen Mary College, University of London.
Three overseas companies have carried out marketing exercises in Australia and Asia for potential debut Kangaroo bond offerings, at least two of which could be launched as early as this week, as cheaper pricing attracts more foreign issuers to the Australian dollar market.
Societe Generale demonstrated its nimbleness by moving between three different funding currencies last week as the French bank raised both senior non-preferred and preferred debt.
Analysts and investors are playing down fears for the health of the Australian banking sector despite mounting pressure from falling house prices and damning financial scandals.