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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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  • The London Stock Exchange Group (LSE) and the National Stock Exchange of India (NSE) have signed a memorandum of understanding to work together to create a dual-listing route for Masala bonds in the hopes of giving a fillip to the asset class.
  • Keppel-KBS US Real Estate Investment Trust said on Monday it is considering raising new equity to help pay for an acquisition in Washington.
  • Debt-strapped Wuzhou International Holdings will be unable to make payments on its $300m bond this week, adding to a spate of other non-payment situations, including failing to redeem a $100m convertible bond as well as defaulting on a renminbi note and on some of its loan obligations.
  • Chinese tire manufacturer Prinx Chengshan has opened books for its up to HK$1.01bn ($129.6m) IPO.
  • Hong Kong’s Securities and Futures Commission (SFC) laid out plans for the development of green finance in the city last Friday, coinciding with the launch of a new green finance association.
  • Nomura has brought a senior banker back into its fold to lead the convertible bond origination business in Asia ex-Japan, according to a memo seen by GlobalCapital Asia.
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