Asian loans ready for tougher times after coronavirus

rock climbing
By Rashmi Kumar
26 Mar 2020

Asian borrowers should ready themselves for tighter covenants on their loans once the Covid-19 outbreak is brought under control, multiple senior loans bankers told GlobalCapital Asia this week. A much-needed price correction may also be coming, writes Rashmi Kumar.

As the Covid-19 pandemic wreaks havoc on markets, banks and businesses around the world, loans bankers in Asia agree on two things. First, they have no idea how bad things will get. Second, they widely say that borrowers will be facing stricter covenants on their loans in the ...

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