Asia-Pacific Nonfinancial Corporates
Inside the rise of hybrids and convertibles
Join our analysts and a guest speaker for an in‑depth discussion on the resurgence of hybrids, convertibles and exchangeable bonds among Asia‑Pacific non‑financial corporates. We will examine what’s driving issuance, how structures are evolving, and why these changes matter for credit, drawing on recent rated case studies from across the region.
Discussion topics include:
- What is driving the resurgence in hybrid instruments, convertible & exchangeable bonds across APAC since 2025?
- How are hybrid structures evolving and why are notching outcomes diverging?
- How do we assess equity credit for hybrids and what are the credit implications?
- What are the common features of rated convertible and exchangeable bonds and how do they affect credit?
Register to attend live or access the replay on-demand at your convenience.
Speakers
Barry Sharkey
Partner
Barrenjoey
Sue Su
Vice President – Senior Analyst, Corporate Finance
Moody's Ratings
Roman Schorr
Vice President - Senior Analyst, Corporate Finance
Moody's Ratings
Ian Chitterer
Vice President - Senior Credit Officer
Corporate Finance, Moody's Ratings
Yu Sheng Tay
Assistant Vice President - Analyst, Corporate Finance
Moody's Ratings
Anthony Prayugo
Analyst, Corporate Finance
Moody's Ratings
Confirm cancellation
An error occurred trying to play the stream. Please reload the page and try again.
CloseMoody's Events
close
Barry Sharkey is a Founding Partner at Barrenjoey, advising government, corporate and institutional clients on a broad range of capital markets and financing transactions. This includes acting as structuring adviser on a wide variety of hybrid capital issues in the A$ and international markets. Prior to joining the firm in 2021, Barry was a Managing Director at UBS.
Sue Su is a Vice President and Senior Analyst in Moody’s Corporate Finance Group.
Based in Beijing, Sue supports ratings and research for a portfolio of Chinese central and local state-owned enterprises across various industries.
Before joining Moody’s, Sue spent more than 10 years in HSBC, with her most recent role as a Senior Vice President for Wholesale Credit Risk Approval. Sue also worked as an Associate Director for Credit Analysis Unit in HSBC’s Global Banking and Markets.
Sue is a CFA charterholder, and holds a BA from Beijing Foreign Studies University and an MBA from Peking University.
Roman Schorr is a Vice President – Senior Analyst in Moody’s Corporate Finance Group. Based in Tokyo, Roman is responsible for a diverse portfolio of major Japanese corporates in the diversified manufacturing, technology, shipping, oil and gas and steel sectors.
Prior to joining Moody’s, Roman was a Director at Fitch Ratings in Tokyo, covering Japanese corporate credits, following his transfer from Fitch’s Frankfurt office. Previously, he was in corporate credit with Mizuho Bank in Dusseldorf.
Roman holds Masters degrees in Japanese Studies and Business Studies from the University of Duisburg-Essen, and in English Philology, Linguistics and Literature from Freie Universitaet Berlin. A native German speaker, Roman is fluent in English and Japanese.
Ian Chitterer is a Vice President – Senior Credit Officer in Moody’s Corporate Finance Group, based in Sydney. His responsibilities are primarily the retail,telecommunications and airlines sectors.Prior to joining Moody’s, Ian spent 6 years at AMP Capital where he worked as a Credit Research Analyst and Portfolio Manager in Sydney. Before this, Ian worked in London at Alliance Bernstein, Morgan Stanley, and Goldman Sachs after qualifying as a Chartered Accountant with Deloitte in South Africa. Ian holds an Honors degree in Accounting from the University of Natal in South Africa and is a South African Chartered Accountant.
Yu Sheng Tay is an Assistant Vice President - Analyst based in Singapore with Moody’s Corporate Finance Group.
He covers a portfolio of companies in Southeast Asia across the real estate, palm oil, consumer products, and technology sectors.
Yu Sheng joined Moody’s in 2018 as an Associate Analyst. Prior to joining Moody’s, he worked as a credit analyst in a financial institution.
Yu Sheng holds a postgraduate degree from the London School of Economics and Political Science.
Anthony Prayugo is an Analyst with Moody’s Corporate Finance Group.
Based in Singapore, Anthony covers a diversified portfolio of companies in Southeast Asia across the real estate, gaming, and mining sectors.
Prior to joining Moody’s, Anthony was a credit analyst in a research institution covering listed corporates.
Anthony holds postgraduate and bachelor degrees from the National University of Singapore.