Prakash Chakravarti is a senior writer with Thomson Reuters/IFR/LPC, where he has worked for nearly 12 years in several senior positions. He has written extensively on Asian loan markets, including contributing to books and management reports, and been instrumental in the events and conferences organised by IFR relating to capital markets in the region. He has also covered other asset classes such as bonds and equity, and written about trends in commercial and investment banking and capital markets in Asia.
The government of Sri Lanka
Malaysian oil and gas giant Petroliam Nasional is taking advantage of huge lender demand for assets to secure tight pricing on a US$7.2bn bridge loan.
Chinese internet company Tencent Holdings has launched a non-recourse loan of US$3.5bn to back its acquisition of a majority stake in Finnish mobile game developer Supercell for up to US$8.6bn.