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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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  • Srei Infrastructure Finance plans to list its equipment financing arm in India to raise about Rp20bn ($312m), amid the country’s push for infrastructure investments.
  • Cathay United Bank has invited lenders for meetings in Laos during the first week of September, as it prepares to launch three different loans from the country.
  • Zhongtai Securities Co priced its first international bond on Thursday, finding a narrow window to bag $300m before markets turned volatile once again.
  • Infrastructure Leasing & Financial Services (IL&FS), which successfully tapped the fledgling Masala loan market for a Rp3.4bn ($53m) deal last year, has returned to the offshore market. But this time around, it opted for a dollar deal.
  • JP Morgan has appointed a vice-chairwoman of global investment banking (GIB) for China as it continues to grow in the market.
  • Indian lender IndusInd Bank has closed syndication for a $300m three year loan, with allocations likely to be out early next week.
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