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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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  • China Huarong International Holdings began marketing a four tranche dollar deal on Thursday morning, including two floating rate notes.
  • Chinese corporate names Want Want China Finance and China SCE Property were out in the market on Thursday morning.
  • Andy Jones, vice-chairman of Barclays and former chief executive of its Asia-Pacific business, is to retire from the firm after almost 20 years, according to an internal memo seen by GlobalCapital.
  • Chinese school operator Bright Scholar Education Holdings is set to start investor education for its US IPO, which is expected to raise $200m, according to a source close to the deal.
  • Gunvor Singapore is set to make a comeback for its annual refinancing, this time sounding out its relationship banks for a $800m transaction.
  • Daimler’s subsidiary Mercedes-Benz Auto Finance priced its first transaction under the Silver Arrow China series in 2017, while Ford Automotive Finance (China) also wrapped up its auto loan ABS, Fuyuan 2017-1.
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