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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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Singaporean commodity company Louis Dreyfus Asia has boosted its three year revolver to $600m after attracting 20 participants during syndication.
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Chinese information technology company Digital China Group is tapping the offshore loan market for a $100m deal.
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MUFG Bank has named ex-Royal Bank of Scotland executive Gyan Harlalka as head of global markets for India.
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After a two year absence in the Panda bond market, Veolia Environnement made its return last week to raise Rmb1bn ($145.6m). Instead of placing another three year bond, the French corporate issuer cut the tenor to just one year — a move that paid off for the borrower, said bankers.
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CreditAccess Grameen has raised Rp11.3bn ($161.7m) after pricing its flotation in India at the best terms for the issuer, a banker on the deal said.
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Mrs. Bectors Food Specialities is planning to float for as much as Rp8bn ($114.4m), having filed a draft prospectus with the Indian regulator.
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