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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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  • International Bank of Azerbaijan (IBA) is expected to launch three new bonds on Friday that have been born out of a restructuring of $3.34bn of the bank’s debt.
  • TOA Paint will start sounding out investors for its up to $400m IPO in Thailand next week, said a banker on the deal.
  • Best, a logistics firm backed by Alibaba, started pre-marketing its $1bn IPO on the New York Stock Exchange this week, as a clutch of Chinese issuers also filed listing applications in the US.
  • Sisram Medical launched a HK$1.4bn ($174.2m) IPO in Hong Kong this week and hedge funds have already shown their support for the deal.
  • HSBC India IB head leaves — StanChart brings Goldman banker out of retirement — CS hires Apac fixed income head — MUFG staffs up in India — SocGen creates FIC role
  • Hong Kong-listed China Silver Group is looking to spin off its online jewellery arm CSMall Group through a listing on the city’s bourse.
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