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.
Competition for assets and a drop in deal volumes forced arrangers to look beyond their comfort zones in 2017, and one bank excelled at delivering lucrative deals across a range of markets. For its key roles on complex financings and smart approach to distribution, Credit Suisse is IFR’s Asia-Pacific Loan House of the Year.
Banco General has increased the size of an Asia-targeted three-year loan to US$800m from an original target of US$500m on support from Taiwanese banks, despite a diplomatic rift between Panama and Taiwan.
The Islamic Republic of Pakistan added to its track record in the international markets last week with a US$2.5bn two-tranche 144a/Reg S offering that drew strong demand, despite recent political and monetary concerns.