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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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  • Thai Beverage Public Co has enlisted the help of three banks for a 12-month bridge facility to support its acquisition of a stake in Vietnamese brewer Saigon Beer Alcohol Beverage Corp (Sabeco), said sources close to the trade.
  • India’s ReNew Power Ventures has hired three banks to helm its long-expected $700m IPO next year, said sources close to the matter.
  • Lodha Developers is looking to make its debut in the Indian equity market next year, having put together a syndicate of three banks to run its IPO.
  • The board of India’s Housing Development Finance Corp has given it the green light to sell new shares to the tune of Rp130bn ($2bn), part of which will flow through to its banking arm.
  • Jiaxing City Investment and Development Group Co began marketing its first dollar bond on Thursday, following a roadshow earlier this week.
  • International Finance Corp has joined forces with Goldman Sachs to extend a $110m syndicated loan to Vietnam’s An Binh Commercial Joint Stock Bank, a portion of which will be used to provide loans to women-owned enterprises in the country.
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