Marquee European corporates such as Spain’s Telefónica, Britain’s Vodafone and Electricite de France have joined the fundraising rush in Asia, but also lower-rated firms are able to raise capital in the region.
As financial turmoil roiled the West almost a decade ago, banker Alain Gallois could only look on as Asian debt capital markets boomed. Now, having relocated to Hong Kong from Paris a year ago, he is among those looking to broker more deals between potential European borrowers and increasingly cash-rich Asian investors.
Since he was appointed Natixis’s chief executive for the Asia-Pacific region in July 2016, Gallois and his bankers are preparing to bring...