Private Debt Investor, by Claire Coe Smith

Our Deputy CIO and Managing Director for Private Investments, Eddie Ong, was featured in the Private Debt Investor April 2024 issue – the 18-page special report on Asia Pacific, where Claire Coe Smith covered the region’s private debt landscape.

Eddie gave his views on the attractive proposition of private credit in Southeast Asia for borrowers, as private credit investors step in as a viable alternative capital source to pressured public markets credit issuance in the region.

“Across Southeast Asia, we see equity market performance facing further uncertainty and downward pressure. This backdrop has meant companies preparing for an IPO continue to adjust their timelines for a public debut, favouring pushing it out by one to two years to ensure they can secure the best valuations. In the meantime, they require capital for growth, and that is where private credit becomes an attractive proposition. In addition, there are loans that need to be refinanced with no option of public market issuance, so borrowers are readily turning to the private market as a viable alternative capital source.”

https://www.privatedebtinvestor.com/download-the-april-2024-issue-of-private-debt-investor/