Asia Leveraged Loans Set to Stall as Global Gloom Spurs Caution

Asia Leveraged Loans Set to Stall as Global Gloom Spurs Caution

Dario Pignatelli/Bloomberg

PTT Exploration & Production Pcl, Thailand’s biggest publicly traded oil and gas explorer, bought Cove Energy Plc to secure assets in East Africa while Hong Kong Exchanges & Clearing Ltd.’s purchase of the London Metal Exchange “was about China wanting access to the world’s largest commodities exchange,” he said.