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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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Reliance Industries has made a quick return to the offshore loan market with a $2.7bn refinancing deal, having picked 17 banks to act as mandated lead arrangers and bookrunners.
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Fortune Oil PRC Holdings has returned to the offshore loan market for a $400m borrowing, refinancing a smaller deal closed in 2016.
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Singapore’s Temasek Holdings raised $1.35bn on Wednesday from the sale of a 10 year bond, proving that investors still have the appetite for longer tenors if the credit is right.
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Commodities trader Trafigura is back in the market with a three tranche loan that will be worth around $1.5bn.
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Telecommunications infrastructure giant China Tower found huge demand for its multi-billion-dollar IPO this week as it kicked off bookbuilding in Hong Kong. The deal is a counter-balance to a flood of technology listings in the market this year. Jonathan Breen reports.
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UBS raids JP Morgan for senior ECM hires — Credit Suisse hires Tan for SE Asian loans syndicate — JM Financial’s Mody strikes out on his own — Fixed income veteran leaves Nomura in India
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