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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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Indonesian mining company Bukit Makmura Mandiri Utama (Buma) returned to the bond market on Tuesday to raise $400m after a three-year hiatus. -
Hyundai Heavy Industries Co is planning an IPO later this year in South Korea. It is looking to raise W1tr ($905.5m) to invest in new technologies.
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China Citic Bank Corp has raised $550m from its return to the public dollar debt market after a break of more than three years. The bank priced inside fair value estimates, leading to a large drop in the final order book.
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Malaysia-based Catcha Group is floating a southeast Asia-focused special purpose acquisition company (Spac) on the New York Stock Exchange.
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Chinese conglomerate Fosun International has cut pricing on a new $560m-equivalent multi-currency loan, as it counts on banks’ hunger to lend amid slow deal flow to push its transaction past the finish line.
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BNP Paribas has hired veteran banker Rahul Mundra to its loan syndication team in India.
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