RPT-Carlyle's Rubenstein says firms should buy own debt

Thu Nov 13, 2008 1:09am EST
 
[-] Text [+]

(Repeats to fix spelling of Rubenstein)

HONG KONG, Nov 13 (Reuters) - Carlyle Group [CYL.UL] co-founder David Rubenstein said the best deal in current markets was for companies to buy their own debt, and said Asia -- especially China -- was the best region for investors.

"While growth will be down in Asia, it will not be negative," the private equity executive said at a conference on Thursday. "Asia has been more resilient to the downturn." (Reporting by Michael Flaherty; Editing by Jonathan Hopfner & Anne Marie Roantree)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better