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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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Two SSA borrowers printed dollar benchmarks on Wednesday, pulling off solid trades in spite of some investors put off by tight spreads. -
Mitsubishi UFJ Financial Group has picked its own investment bank and Morgan Stanley to arrange the sale of its first ever holding company level senior bond in the euro market.
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Microfinance institution Bandhan Bank has begun preparations for its IPO, according to a source familiar with matter.
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Indonesian textile company Sri Rejeki Isman (Sritex) has approached offshore banks for a $100m three year syndicated loan.
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The arrival of Typhoon Hato in Hong Kong on Wednesday suspended equity trading in the city, but the impact on the offshore RMB market was limited.
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The Hong Kong Stock Exchange (HKEX) has closed yet another consultation on dual-class shares, the latest effort to ensure the city has a place on the global stage for technology IPOs. But vehement opposition to the proposal from the institutional investor community means it must go back to the drawing board.
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