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.
Thai billionaire Charoen Sirivadhanabhakdi’s business empire is growing by leaps and bounds as his companies have embarked on a debt-fuelled acquisition binge, with three deals in the market.
For a truly global focus far beyond its North American roots, including an enviable international network that left the bank well-positioned for the long-awaited return of cross-border M&A, Citigroup is IFR’s Loan House of the Year.
When Indonesian conglomerate CT Corp started talks with lenders for a US$1.275bn loan in November 2013, it faced an uphill struggle. The country was beset by raft of macroeconomic problems, including weak growth, an outflow of foreign capital and a deteriorating currency.