There are new features available.
View now.

Search

Type a keyword to start your search
Search for ''
news
Go to news search
Deals
Go to Deals search
Issuers
Go to Issuers search
Destinations
Go to Destinations search
  • IFR Extra
    IFR Extra
    • About Us
    • Advertise with IFR
    • Reprints & Licensing
    • Contact us
    • IFR Help
    • What's new
  • IFR Featured
    IFR Featured
    • Special Reports
    • Roundtables
    • IFR Awards
    • IFR Asia Awards
    • League Table Archive
  • SIGN IN
  • REQUEST A TRIAL
  • My IFR
  • My Account
    My Account
    • My IFR
    • Alerts
    • Bookmarks
    • Saved Searches
    • Settings
    • Log Out
  • Log Out
  • Home
  • People & Markets
    People & Markets
  • Bonds
    Bonds
    • Global
      Bonds
      / Global
      • Corporate
        Bonds
        / Global
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Americas
      Bonds
      / Americas
      • Corporate
        Bonds
        / Americas
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • LATAM
    • Emea
      Bonds
      / Emea
      • Corporate
        Bonds
        / Emea
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Asia
      Bonds
      / Asia
      • Corporate
        Bonds
        / Asia
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Emerging Markets
      Bonds
      / Emerging Markets
      • LATAM
      • Asia
      • CEEMEA
  • Securitisation
    Securitisation
    • Global
    • Americas
    • EMEA
    • Asia
  • ESG
    ESG
    • Global
      ESG
      / Global
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • EMEA
      ESG
      / EMEA
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • Americas
      ESG
      / Americas
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • Asia
      ESG
      / Asia
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
  • Equities
    Equities
    • Global
    • Americas
    • EMEA
    • Asia
    • IPOs
    • Structured Equity
  • Loans
    Loans
  • Rates
    Rates
    • Global
    • United States
    • EMEA
    • Asia
  • Economics
    Economics
    • Global
    • Americas
    • EMEA
    • Asia
  • FX
    FX
    • Global
    • Majors
    • Options / Emerging
  • Data
    Data
  • New Issues
    New Issues
    • Global
    • EMEA
    • US
    • Asia
    • Japan
    • Australia & New Zealand
  • Home
  • People & Markets
    People & Markets
  • Bonds
    Bonds
    • Global
      Bonds
      / Global
      • Corporate
        Bonds
        / Global
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Americas
      Bonds
      / Americas
      • Corporate
        Bonds
        / Americas
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • LATAM
    • Emea
      Bonds
      / Emea
      • Corporate
        Bonds
        / Emea
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Asia
      Bonds
      / Asia
      • Corporate
        Bonds
        / Asia
        / Corporate
        • Investment Grade
        • High Yield
      • SSA
      • FIG
      • Emerging Markets
    • Emerging Markets
      Bonds
      / Emerging Markets
      • LATAM
      • Asia
      • CEEMEA
  • Securitisation
    Securitisation
    • Global
    • Americas
    • EMEA
    • Asia
  • ESG
    ESG
    • Global
      ESG
      / Global
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • EMEA
      ESG
      / EMEA
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • Americas
      ESG
      / Americas
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
    • Asia
      ESG
      / Asia
      • Green Bonds
      • Green Loans
      • Sustainability-linked Bonds
      • Sustainability-linked Loans
      • Social / Other
      • People & Markets
  • Equities
    Equities
    • Global
    • Americas
    • EMEA
    • Asia
    • IPOs
    • Structured Equity
  • Loans
    Loans
  • Rates
    Rates
    • Global
    • United States
    • EMEA
    • Asia
  • Economics
    Economics
    • Global
    • Americas
    • EMEA
    • Asia
  • FX
    FX
    • Global
    • Majors
    • Options / Emerging
  • Data
    Data
  • New Issues
    New Issues
    • Global
    • EMEA
    • US
    • Asia
    • Japan
    • Australia & New Zealand
    • IFR Extra
      IFR Extra
      • About Us
      • Advertise with IFR
      • Reprints & Licensing
      • Contact us
      • IFR Help
      • What's new
    • IFR Featured
      IFR Featured
      • Special Reports
      • Roundtables
      • IFR Awards
      • IFR Asia Awards
      • League Table Archive
    • SIGN IN
    • REQUEST A TRIAL
    • My IFR
    • My Account
      My Account
      • My IFR
      • Alerts
      • Bookmarks
      • Saved Searches
      • Settings
      • Log Out
    • Log Out

There are new features available.
View now.

Search

Type a keyword to start your search
Search for ''
news
Go to news search
Deals
Go to Deals search
Issuers
Go to Issuers search
Destinations
Go to Destinations search
 
  • Special Reports
  • Roundtables
  • IFR Awards
  • IFR Asia Awards
  • Top Awards
  • Regional Awards
  • Country Awards

IFR Asia Awards 2021: Foreword

When one fundraising route closes, another one opens – at least, if you have a good bank behind you.

Politics, regulators and credit concerns all closed funding avenues for Asian companies at some point in 2021, so issuers and arrangers had to be flexible and quick to adapt.

After a booming first half of China-to-US listings, China’s regulatory crackdown on industries like the technology sector, coupled with increased scrutiny from the US authorities, ended that route to market.

Some forward-thinking Chinese companies and their advisers had...Read more

To purchase printed copies or a PDF of this report, please email leonie.welss@lseg.com and shahid.hamid@lseg.com


Bank of the year: Morgan Stanley

In a year that required the ability to pivot to different geographies and industries as several funding avenues slammed shut, Morgan Stanley demonstrated the breadth and depth of its capabilities, making it IFR Asia’s Bank of the Year.


Asian Bank of the Year: Axis Bank

Perfect harmony

In a year when investors turned to India as a non-correlated alternative to China, one bank stood out in a highly competitive field. For its breadth of coverage and depth of expertise, Axis Bank is IFR Asia’s Asian Bank of the Year.


Issuer of the year: JSW Group

Funding transition

For bringing challenging transactions to the onshore and offshore markets, advancing its sustainability agenda in rocky conditions for Asian high yield, while also funding a landmark acquisition, JSW Group is IFR Asia’s Issuer of the Year.


Features

Restructuring: China and the rest

Western hedge funds eye big-ticket workouts from China as restructurings become more predictable elsewhere in Asia

Masala bonds: In need of spice

India’s attempts to internationalise the rupee have fallen short of expectations, hampered by red tape and a volatile currency. Still, there are hopes that the subdued Masala bond market could see a revival in 2022

Makeover for Tokyo as five go into three

The Tokyo Stock Exchange is restructuring in a process designed to rationalise its board structure, improve corporate governance and attract more investors to Japan. But do the changes go far enough?

The year in numbers

A selection of numbers and charts that illustrate the events of 2021

The year in cartoons

Highlights of the year in black and white

Reg S

A year in the life of bond banker reginald sellars

Glossary

Alternative definitions of the year’s buzzwords

About Us Contact Us Advertise Events IFR Help Special Reports Roundtables IFR Awards IFR Asia Awards
My IFR Alerts Bookmarks Saved Searches Account Settings
SEC Filings
Privacy & Cookies
Copyright & Disclaimer
Terms of Use
Browser Requirements
© 2023 London Stock Exchange Group. All rights reserved.
Terms of Use
Copyright & Disclaimer
© 2023 London Stock Exchange Group. All rights reserved.

Our Privacy Statement & Cookie Policy

All websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

Privacy Statement Cookie Policy
Ok to continue