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Point Asia-Pacific Secondary Loan Composite
The Premier and Exclusive Secondary
Loan Service for ASPAC
Reuters Basis Point Publishing Limited (Reuters Basis Point), a subsidiary
of Reuters Loan Pricing Corporation (Reuters LPC), has teamed up with a
group of 8 major banks including ABN Amro Bank, Barclays Capital, BNP Paribas,
Citigroup, Credit Lyonnais, HSBC, Standard Chartered and WestLB to provide
loan investors and portfolio managers with weekly valuations for loans in
the Asia-Pacific region. The composite focuses on countries with more liquid
secondary markets including Australia, Hong Kong, Malaysia, Philippines
and South Korea.
The service builds upon Reuters Basis Point's expertise covering and reporting
on the Asia-Pacific markets and Reuters LPC's experience in promoting transparency
and liquidity in the North American secondary loan market over the last
decade. It also enhances Reuters LPC's presence in the European secondary
market, where Reuters LPC delivers the Reuters LPC European Mark-to-Market
Pricing Service, European SecondaryMarketPulse and other data, news and
analytics. The Asia-Pacific Secondary Loan Composite not only meets the
needs of the expanding loan market in this area of the world but further
combines strengths of Basis Point and its parent, Reuters LPC.
Loan Market
Veterans: Reuters Loan Pricing Corporation (Reuters
LPC) has been providing news, data, and analytics to the syndicated
bank loan market and nearby markets for 19 years. Established
in 1992 in Hong Kong and acquired by LPC in 2001, Basis Point
Publishing Limited (Basis Point) is the leading provider of
Asian debt market information, with a particular focus on new
issues of bonds and loans. Combined, Basis Point and LPC are
committed to promoting the orderly development of a fair, efficient,
liquid and professional trading market for corporate loans originated
by commercial banks and other similar private debt. Globally,
we have the expertise and dedication to bring you accurate,
timely and objective price information.
Objective, Independent Parties:
Reuters Basis Point/LPC are third party, independent providers
of composite prices. We do not make a market in bank loans,
and are not directly or indirectly involved in the buying or
selling of bank loans. This makes us completely market independent
and the most objective pricing service available.
Established Affiliations:
Reuters Basis Point/LPC's prominence in the market has secured
strong relationships with leading dealers/traders. The Asia-Pacific
secondary loan trading community, including ABN Amro Bank, Barclays
Capital, BNP Paribas, Citigroup, Credit Lyonnais, HSBC, Standard
Chartered and WestLB, has teamed up with LPC to bring transparency
to the Asia-Pacific Market.