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

Thu Nov 13, 2008 1:09am EST

(Repeats to fix spelling of Rubenstein)

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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)

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