Cheap loans a growing draw for Asia's blue chips

Banks, in turn, are looking to get more bang for their buck by cross-selling bonds and equity with loans.
Reliance Industries, controlled by Mukesh Ambani, paid an all-in cost of Libor plus 175bp for its loan
Reliance Industries, controlled by Mukesh Ambani, paid an all-in cost of Libor plus 175bp for its loan

Big corporates appear increasingly to be making a beeline for Asia's revitalized loan market while banks, eager to put more money to work, are looking to exploit the opportunities created to cross-sell their services.

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