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.
Intas Pharmaceuticals is expected to attract a lot of interest for its US$770m debut syndicated loan as lenders eye a rare Indian acquisition financing from a hot sector.
Australia’s Tanarra Capital has hired credit-market veterans Michael Tierney and Peter Szekely to set up a fund focused on Asian loans.
Asia’s leveraged finance bankers, starved of deals for the best part of a year, are suddenly spoilt for choice as two sizeable Hong Kong buyouts hit the market at the same time.