Insight

Keepwell and carry on: enforcement of Keepwell deeds put to the test in China

Keepwell deeds, also known as letters of comfort, are a credit protection tool commonly used by Chinese companies issuing debt offshore. These deeds are used in offshore finance transactions, particularly those that use bonds relating to a Chinese transaction. It is estimated that Keepwell deeds are used in around 16%, or US$96 billion, of outstanding Chinese offshore bonds.[1]

23 February 2021

Insight

Briefing note for state of emergency in Myanmar

This article was written by Michael Lawson, Daisy Mallett, Su Meng and David Phua.

05 February 2021