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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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  • UBS has continued to shake up its global equity capital markets leadership team with Gareth McCartney taking the role of head of EMEA cash ECM and global head of syndicate.
  • Korea Hydro & Nuclear Power (KHNP) raised $600m with a green bond on Wednesday, offering no new issue premium to an investor base desperate for environmentally friendly assets.
  • To do, or not to do? That appears to be the question plaguing China’s stock exchanges when it comes to including weighted voting rights shares on the Stock Connect’s southbound trading channel. A rather vague consensus has been reached with the Hong Kong bourse, but what does this mean for the city’s equities markets? Jonathan Breen finds out.
  • Singapore’s Clifford Capital is marketing its debut collateralised loan obligation cash flow securitization, seeking $458m through a newly established special purpose company, Bayfront Infrastructure Capital. The trade is the first of its kind, marking the first fully project finance-backed CLO in Asia. Morgan Davis reports.
  • Commodities trader Trafigura has launched a $1.5bn-equivalent dual-currency borrowing into general syndication.
  • Hong Kong’s Securities and Futures Commission has sanctioned a former Standard Chartered executive in Hong Kong for IPO-related offences.
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