Asian G3 pipeline brews as Ukraine tensions ease

Several deals are expected, including a potential dollar note from China’s Logan Property and Indonesia’s Berau Coal.
Tensions between Russia and Ukraine may be easing.
Tensions between Russia and Ukraine may be easing.

Asian G3 bond markets are expected to have a busy second half in March with several deals anticipated to come to market as sentiment improves amid an apparent easing of tensions between Russia and Ukraine.

The high-yield space looks especially promising. Guangdong-based Logan Property and Indonesia’s Berau Coal are in the midst of talks over potential dollar-denominated deals, according to bankers not involved on the transactions.

Bank of China, Citi and Deutsche Bank are said to be in discussions with Logan Property, while Citi and Standard Chartered StanChart with Berau Coal, add the bankers. Citi declined to comment on both transactions, while StanChart declined to...

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