In this exclusive interview, Yang Xu of Kraft Heinz asks Douglas Tropp of Booking Holdings about his journey in responding to heightened liquidity concerns triggered by Covid-19, as well as how the firm effectively restructured its debt.
It's like nothing China's treasurers have seen in the past 10 years; a toxic combination of defaults, US rate hikes, a downturn at home, regulatory interference and trade tensions are killing bond issuance.
*Safe regulates capital outflow for inter-bank bond investment
*Thailand plans reporting exemptions for foreign issuers
*CFTC adopts X-border approach for uncleared swaps
*Indonesia moves to full IFRS convergence