Melbourne Airport
Eye of the storm
When Australia went into lockdown, transport and shipping infrastructure saw an unprecedented business shock. Airport and toll-road passenger numbers collapsed while even freight flows dropped as the global economy ground to a halt. In October, KangaNews and Westpac Institutional Bank gathered key players in the Australian sector to discuss business impact, balance-sheet resilience and the swift rebound of debt capital markets including the domestic option.
Corporate Australia makes hay in global markets
In November, Crédit Agricole CIB and KangaNews arranged a roundtable discussion for some of Australia’s leading corporate issuers. At the back end of a phenomenal year for local and global credit issuance, participants discussed demand, funding and execution strategy, the growing prominence of the euro and Australian dollar markets, and the changing manner in which investors are addressing sustainability. Separately, KangaNews spoke to key buy-side accounts in Asia and Europe to hear their perspective on Australian credit.
Australian credit market adapts to latest turn of the cyclical wheel
The Australian corporate credit market has shown resilience in 2022 despite heightened uncertainty and volatility. Inflation, rising rates and geopolitical risk – a potent mix that might once have led to Australian credit seizing up – have not stopped primary issuance. Participants at a Commonwealth Bank of Australia-KangaNews roundtable in April discuss the maturing Australian credit market’s pricing and deal execution value proposition.
A decade of development
The KangaNews-Westpac Corporate Debt Summit debuted in 2011, with a relatively small audience and a market that could not yet take consistent supply of corporate bonds for granted. In the decade since, the event and the market have grown and diversified. By 2019 – the last year before COVID-19 put the in-person event on hiatus – registrations had more than trebled, to nearly 600, and the event’s agenda covered not just corporate debt but a raft of issues relevant to the economic and business environment.
Corporate sustainable finance evolution
Investors globally are increasingly demanding their allocations align with sustainability principles. As capital markets move rapidly to cater to this appetite, KangaNews and BNP Paribas brought together Australian corporate issuers to discuss their interaction with global debt markets.
Corporate Australia takes stock
At the KangaNews-Westpac Corporate Debt Summit 2019, which took place in Sydney on 15 October, the Australian corporate market took stock of developments in the economy and capital markets at home and abroad. With another record attendance in 2019, the summit has become the leading forum for the Australian corporate debt industry.