Ratings Will Become an Important Factor in the Syndicated Loan Market

Standard & Poor's sees evidence of emerging trends that show clear signs of a more investor-driven loan market.
The below article was written by Steven M Bavaria, Vice President and Business Head û Bank Loan Recovery Ratings, Standard PoorÆs and his colleague John Bailey, Managing Director, Corporate Infrastructure Ratings

The evolution of the syndicated loan market from a private, relationship-oriented credit market to a real securities market has been proceeding steadily for several years. Although the Asian market remains some years behind its US counterpart in terms of development, Standard Poor's sees evidence of emerging trends that show clear signs of a more investor-driven loan market. The New Basel Capital Accords are expected to accelerate the banking industry's movement toward risk-based and market-driven methods of bank management and supervision.

Reflecting this need for...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222