Aussie lenders covet event-driven transactions

Barclays Capital is carving a niche in event-driven loan transactions in Australia. While the country's four major domestic banks dominate club-style, bi-lateral deals, Barclays is playing at the structured edges where returns are higher and client loyalty reigns. FinanceAsia spoke with Sydney-based director of global loans, Steven Zuckerman, and managing director, Tim Ritchie, on his recent trip to Australia. What characterizes your strategy in Australian loans? Ritchie: We'…