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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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Bank of America Merrill Lynch has appointed Mark Warburton as its new head of Australia equity capital markets, according to an internal memo seen by GlobalCapital Asia.
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Mongolian Mortgage Corp (MIK) showed that investors have the appetite to take on frontier market risk, raising a larger-than-expected $250m from an issuance that was months in the making.
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China Evergrande Group hit its size goal of $3bn with a tap of three of its existing bonds, a strategic decision by the property developer. But the issuance dented its secondary curve as noteholders fled to the juicier new transaction.
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Ping An Real Estate, a unit of Ping An Group, is returning to the loan market for an up to $300m borrowing after a two-year absence.
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Far East Horizon has opened into syndication a $580m-equivalent three year term loan via six mandated lead arrangers and bookrunners.
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Samsung BioLogics has caught a break after a South Korean court suspended the disciplinary action brought against the company by the country’s financial regulator for alleged accounting fraud.
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