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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
South Korean policy lender kickstarts 2025 funding following a month of political chaos
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  • Fosun International has sold off a block of Tsingtao Brewery’s Hong Kong-listed shares for HK$2.34bn ($301m).
  • Veteran banker Ronny Chng, from United Overseas Bank has passed away, according to an Asia Pacific Loan Market Association announcement.
  • AAA Oils and Fats, the trading subsidiary of palm oil company Apical, has returned to the loan market with a $750m facility.
  • Two Chinese government-linked companies raised a combined $600m in the offshore market on Thursday, ahead of the long weekend in China.
  • Philippines-based renewable power producer AC Energy has generated Ps12.4bn ($256.3m) in fresh equity, pricing a sale of new shares at the bottom of the marketed range, according to a source familiar with the matter.
  • The Singapore-incorporated global energy company Puma Energy has bounced back after a planned bond issuance last year failed to materialise, raising $590m in the loan market. Sources say the company’s change of management and reorganisation brought a “sense of relief”.
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