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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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GlobalCapital understands that the Asian Infrastructure Investment Bank has appointed a head of funding.
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Chinese president Xi Jinping orders authorities to take action to prevent financial risk, Volkswagen Financial Services’ China arm issues its second renminbi-denominated bond, and the UK reaffirms its status as the biggest centre for RMB FX trading.
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State-owned Vietnam National Shipping Lines is preparing to launch an IPO by the end of 2017, according to an announcement on its website.
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Shareholders of Sarana Menara Nusantara raised Rph5.4tr ($405.2m) from a re-IPO of the Indonesian company, selling the stock at the bottom of indications.
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Hong Kong-listed Logan Property has sealed a $150m three year loan from three banks, and will use the money to repay debt.
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China Everbright Greentech wrapped up its IPO on Thursday evening, pricing below the mid point of guidance to net HK$3.0bn ($385.6m), according to a source close to the deal.
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