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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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Mongolia’s macho new prime minister Ukhnaagiin Khurelsukh is taking the reins of a country that has suffered from excessive debt, a woeful credit rating and a corruption scandal which felled his predecessor. But despite the country’s struggles, his best policy approach may be simply to maintain the current course. -
Tata Motors has enlisted six banks for a $850m refinancing exercise that will consolidate two earlier borrowings.
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Crystal International Group is sounding out investors for its $600m-$800m Hong Kong IPO and could launch the offering as soon as next week.
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China Power Development International is planning a rights issue to raise at least HK$2bn ($256.3m), helping the company fund acquisitions of various clean energy project companies.
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The final allocations are out for a $295m multi-tranche facility for Aster DM Healthcare. The loan, which contains tranches with tenors of up to 10 years, attracted a mix of Middle Eastern and Indian banks.
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Reliance General Insurance Co has become the latest Indian insurer to announce plans to list, having filed a prospectus amid a stream of IPOs from the sector.
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