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.
Shriram Transport Finance is making its debut in the international capital markets with an offshore rupee loan, becoming the first to test a structure that has so far failed to fly with bond investors.
Ali Abbas Alam, co-head of Credit Suisse’s emerging markets financing group for Asia Pacific, is leaving the bank after 16 years, according to sources and an internal memo.
Instant messaging platform Tencent Holdings and internet search company Baidu are the latest in a string of Chinese tech firms to tap the offshore loan market, taking advantage of tight pricing and strong bank appe