The moment of reckoning for Laos’ US$150mn eurobond is quickly approaching, with its due date exactly two weeks away on 30 June. However, having failed to roll over its eurobond, it is unclear how Laos plans to meet its US$150mn obligation at the end...

For the third time since December, Laos is looking to issue a eurobond to refinance its existing obligations. While a successful refinancing exercise could enable Laos to pay its June eurobond maturity, external debt service of US$1.1bn annually over...

Read the full report here. Initial guidance puts Laos’ planned benchmark US$ issuance in the 10% area, with use of proceeds to repay existing indebtedness and a tenor of 6 years amortising in 6 equal semi-annual payments in years 4, 5 and 6. Laos wou...

Read the full report here. Read the full report here. Read our recent report here. Read the full report here. Laos has mandated Oppenheimer & Co. Read the full report here. Read our recent report here.

Laos is reportedly planning a possible international offering of new US$-denominated bonds this month, subject to market conditions. In addition, external imbalances have eased in recent months. We think on net the upside potential outweighs the down...

We point to the following implications of RCEP. The progress of negotiations is also influenced by geopolitics; the Trump US administration's tariff hikes likely accelerated urgency from China and its tariff hikes and warning shots on trade to its tr...