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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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  • Chinese regulators have given Standard Chartered the nod to become a joint lead underwriter on corporate Panda bonds, allowing it to take a senior position on deals that it was previously forced to play a junior role on. StanChart is only the second foreign bank to win the approval.
  • China Evergrande Group made its debut in the equity-linked market on Tuesday, raising a hefty HK$18bn ($2.3bn) from a convertible bond — but not before slicing a third off the original deal size and rejigging its structure.
  • Lao Feng Xiang Jewellery Hong Kong is dipping its toes into the offshore syndicated loan market for a $200m financing. This is the second firm in the Chinese jewellery sector to tap overseas investors this year.
  • Indiabulls Housing Finance brought the first social offshore rupee bond to the market on Tuesday, raising Rp3.15bn ($49.48m) through a private placement.
  • Far East Horizon is making a rapid comeback with an $800m fundraising just two months after allocating an identical loan, confident that banks will gobble it up.
  • BOC International and Jefferies have announced an agreement to jointly provide investment banking advisory and capital markets services to clients, according to a Tuesday press release.
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