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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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Reliance Industries has allocated its $2.49bn multi-tranche fundraising among 31 banks, with plans to transfer in the new lenders before the end of the year, said bankers close to the trade. -
Three Asian issuers, China Fortune Land Development Co, Luso International Banking and Shandong Hi-Speed Group Co, sold their inaugural bonds on Thursday, taking home $1.15bn between them.
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Mainland property developer Sunac China Holdings has raised HK$7.8bn ($1bn) from an upsized overnight top-up placement.
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A secondary equity sale in InterGlobe Aviation, the parent of Indian budget airline IndiGo, netted Rp12.7bn ($197.4m) for two shareholders on Thursday.
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British and Chinese officials consider launching a bond link between the two countries, Hong Kong and National Development and Reform Commission (NDRC) sign agreement to promote the city’s participation in the Belt and Road Initiative (BRI), and Man Group sets up the first fund under its private fund management (PFM) licence.
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Shareholders have piled into China Power International Development’s HK$4.5bn ($573m) rights issue, putting in orders for double the amount of available stock.
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