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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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  • Crédit Agricole has named Ravi Nichani as head of acquisition finance and advisory for Asia Pacific, and leveraged and telecom finance group for Asia, effective in August.
  • A HK$2bn ($257.9m) loan to support a CVC Capital Partners-led consortium’s privatisation of Hong Kong fashion retail firm I.T has been launched into general syndication.
  • Philippine company SMC Global Power Holdings Corp returned to the dollar bond market for the first time this year on Wednesday, meeting strong-enough demand to boost the size of its deal and offer just a small premium.
  • CréditAg taps Nichani for acquisition finance — UBS hires for ECM from CMBI — SGX picks Goldman banker — CréditAg names sustainable banking head — Deutsche adds to coverage teams — Poon leads ING’s HK and China business — New APLMA chairman
  • Angelalign Technology, a Chinese dental care company, hit the market on Thursday with an IPO of up to HK$2.91bn ($375.3m).
  • South Korea's Shinhan Card has sold a $300m social bond in the Taiwanese market, finding strong interest from investors keen to support deals in this growing asset class.
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