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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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With strong demand right off the bat, Chinese firm RYB Education has broken through the top of guidance to raise a higher $144.3m from its US flotation, according to a source close to the deal.
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A HK$2bn ($256m) three year maiden loan for China Forestry Group Corp has been received warmly by international banks, resulting in a huge oversubscription, said a banker.
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Geo Energy Resources is making a second attempt at selling a dollar bond, two months after the Indonesian coal producer decided to cancel its transaction.
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China Aircraft Leasing Group Holdings (CALC), which made its offshore loan market debut last year, has allotted its new $425m borrowing after bumping it up.
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As the Belt and Road Initiative (BRI) opens up investment opportunities in emerging markets, it also exposes participants to high credit risks. But instead of seeking insurance coverage, some bankers are turning to securitization for an answer — a move that can lower risk and accelerate return on capital.
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Chinese real estate developer Zhenro Properties Group has filed a draft prospectus with the Hong Kong Stock Exchange for an IPO that could raise up to $500m, according to a source familiar with the matter.
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