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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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  • Varroc Engineering and Atria Convergence Technologies have submitted their respective draft prospectuses to list in India within the next few months.
  • Logistics company GLP has struck two Panda bond deals in the past week, making it the only issuer to have raised funds from both the interbank and exchange markets so far this year.
  • Solusi Tunas Pratama, an Indonesian telecommunications company, has launched a $577m-equivalent dual-currency loan denominated in dollars and rupiah into general syndication.
  • Redsun Properties Group has filed a listing application with the Hong Kong Stock Exchange through three Chinese brokerages.
  • The Singapore Exchange (SGX) has appointed Mark Leahy as head of fixed income, responsible for executing the bourse’s strategy for its bond trading business, including encouraging institutional participation.
  • South Korea’s Hanwha Life Insurance Co will meet international investors from next week ahead of a subordinated transaction. The issuer is one of many from the country that is looking to beef up its capital ratios, as the government gets ready to adopt new international accounting standards.
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