Asian bankers confident they can keep reverse flexes out of their home markets

The recent success of a A$700m ($723.5m) loan from Nine Entertainment — which gave bankers a rare example of a reverse flex in Asia Pacific — has sparked fear in some quarters that last-minute cuts in margins could become a feature of the region’s loan market. But most bankers think that this is one trend they will be able to resist, writes Rashmi Kumar.

  • 08 Feb 2013
The reverse flex is still not a common feature of loan markets in Asia Pacific, but after media company Nine Entertainment was able to push down the margin on a recent US-targeted loan by 50bp following strong demand, some bankers worried the process would spread to more clients ...

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