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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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Red chip Brightoil Petroleum (Holdings) has picked JP Morgan First Capital (JPMFC) to underwrite its debut Panda bond on Shenzhen Stock Exchange (SZSE). The deal came after JP Morgan exited the joint venture (JV) earlier this year.
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Marlin Enterprise is making a quick comeback to the loan market to refinance a borrowing from November 2015. It is offering lower returns for a deal with a longer maturity.
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Dixon Technologies India will launch its up to Rp6bn ($94m) IPO next week, having announced the marketing range on Tuesday.
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Veteran investment banker Chris Howe will join Credit Suisse at the end of September as head of fixed income trading for Asia Pacific.
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Jilin Jiutai Rural Commercial Bank Corp revealed its interest in raising additional tier one (AT1) capital from the international bond market on Monday.
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The US has slapped Habib Bank (HBL) with one of the biggest fines on an Asian financial institution in recent years. Pakistan's largest bank is the latest lender to be penalised for flouting anti-money laundering rules but said it would contest the fine.
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