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.
Frasers Property has boosted its environmental credentials with a A$600m (US$429m) five-year Green loan, the Singaporean company’s third since its debut late last year and the first Aussie dollar-denominated green deal.
French bank BNP Paribas is losing a handful of senior bankers in Asia, including three in Singapore, as the bank restructures its business in the region.
After a revival in 2018, syndicated lending in Asia-Pacific, excluding Japan, in the first three months of 2019 plunged to its lowest quarterly tally in seven years, with only US$76.40bn raised as geopolitical tensions continued to depress borrowing activity.