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.
Singaporean casino operator Marina Bay Sands has returned to the loan market for a financing of up to S$8bn (US$5.86bn), in the biggest test so far of lenders’ appetite for the gaming sector in the Lion City.
Indian non-banking financial companies are making a beeline for the international loan markets in search of alternative funding sources, even as questions swirl over lenders’ appetite for the country’s financial sector.
Embattled Chinese telecoms giant Huawei Technologies is relying on Chinese banks to support an offshore syndicated loan of up to US$1.5bn, as it fights damaging US sanctions that are curbing its ability to borrow from international banks.