Asia Pacific (ex-Japan) High-Yield Bonds Legal Advisors’ Rankings: 1Q-3Q23

Data Insight 19 October

Asia Pacific (ex-Japan) High-Yield Bonds Legal Advisors’ Rankings: 1Q-3Q23

  • Sharp decline of USD HY Bonds in APAC region was visible with 76% YoY decrease from 1Q-3Q22.
  • Cleary Gottlieb Steen & Hamilton ranked No.1 in the USD HY Bonds Issuer’s Legal Counsel League Table, taking around 15% market share by volume.
  • Allen & Overy topped the USD HY Bonds Manager’s Legal Counsel League Table, obtaining roughly 17% market share by volume.

The full rankings are available to download on the right.

Debtwire volume and league tables cover primary high-yield bonds transactions for issuers whose operating risk is in Asia-Pacific ex Japan. Only transactions denominated in USD are included and are credited based on the settlement date. High Yield bond volume and league tables includes transactions that are rated below investment grade. For unrated transactions, Debtwire looks at the issuer’s rating and whether a transaction has high yield covenants. For unrated transactions with no high yield covenants, Debtwire makes a determination on a case by case basis. For more details on our criteria or any other query please contact us a bonds@iongroup.com.

Did you enjoy this article?

Add the following topics to your interests and we'll recommend articles based on these interests.

Leveraged Credit Rankings

Find new investments, capture flow, and win more deals.

The first end-to-end platform for leveraged capital markets professionals merging human insights and machine intelligence to deliver groundbreaking predictive analytics.

Request a demo

Recommended Debtwire event

11
Nov

Debtwire Asia Pacific Forum 2026

The forum has earned its reputation as the go-to event for understanding market shifts, uncovering new opportunities, and connecting with the leaders behind Asia’s most significant deals in the restructuring and credit space. Hear from top Asian investors, share insights with your peers, and leave equipped with strategies to navigate and thrive in the evolving credit space.

The Forum will bring together 750 leading credit professionals from across the region for a day of interactive panel discussions, thought-provoking presentations, and exclusive networking.  The Forum is accredited with 6.5 CPD points by the Law Society of Hong Kong.

label_outline Debtwire