Power Finance Corp’s decision to ditch a Libor-linked loan in favour of a fixed rate deal is a bold move — but also shows how far behind Asia’s loan market still is in transitioning away from the benchmark lending rate.
Power Finance Corp’s decision to ditch a Libor-linked loan in favour of a fixed rate deal is a bold move — but also shows how far behind Asia’s loan market still is in transitioning away from the benchmark lending rate.