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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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Mainland firms Hujiang Education & Technology Corp and China Beststudy Education Group are planning to list in Hong Kong, having submitted IPO documents to the stock exchange. -
Southern Gas Corridor, the 3,500km pipeline system costing $45bn that will run through Azerbaijan, Georgia, Turkey, Greece, Bulgaria, Albania and Italy, has signed a syndicated loan with guarantees totalling $750m-equivalent, as it begins its first commercial deliveries to Turkey.
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Rural Electrification Corp has mandated Bank of Baroda for its latest $250m offshore borrowing, according to a source close to the situation.
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Property firm Greentown China Holdings has closed an $800m borrowing after attracting 17 lenders during syndication, according to a company filing.
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United Asia Finance, a Hong Kong-based consumer loan provider, has closed its latest dual-currency borrowing, raising the equivalent of HK$4.7bn ($599m).
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Want Want China Holdings became the first issuer from Taiwan to tap the onshore Panda market last week, the company told GlobalRMB. But it is unclear how strong an appetite the food manufacturer has for this asset class, having raised just Rmb500m ($75m) in its debut.
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