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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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Great Wall Motors, the largest sports utility vehicle and pick-up manufacturer in China by units sold, has approached the overseas loan market with a $350m fresh money fundraising. -
Socially conscious investing in Asia has so far concentrated on green bonds and little else. But SRI financing is not just limited to green bonds. By taking a broader approach, Asian borrowers — including sovereigns — can reap serious benefits.
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India’s HDFC Standard Life Insurance Co has revived plans for an IPO, putting a proposed merger and backdoor listing with Max Life Insurance Co on the backburner, according to an exchange filing.
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Asian green bonds are front and centre this week. Greenko Energy Holdings took the lead with its dollar bond on Monday, with Singapore’s DBS Group Holdings and Hong Kong’s Castle Peak Power Company rolling out their transactions on Tuesday.
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Electric power generation company Zhejiang Provincial Energy Group is tapping the loan market to repay its debut dollar bond from 2014.
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A relatively stable credit backdrop has encouraged a swathe of Asian issuers to tap the bond market this week, ensuring a blistering pace of issuance.
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