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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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  • CMB Financial Leasing is in the market for a $350m bullet that launched via three leads on Thursday, according to a banker arranging the deal.
  • Rural Electrification Corp chose not to exercise the greenshoe option on its $230m five year borrowing, resulting in a huge scaleback for many of its lenders.
  • China Everbright International has finalised the offer terms for the spin-off and listing of its green technology arm, which could raise up to HK$3.3bn ($422.4m).
  • CCB Life Insurance Company on Wednesday sold a core tier two subordinated bond under China’s Risk-Oriented Solvency System (C-ROSS), becoming only the second issuer to do so. While the offshore market has seen increasing supply from Mainland insurers, the outlook for more core T2 issuance is unclear.
  • China Huiyuan Juice Group aims to bump up its latest borrowing to €280m after raising a larger than expected €160m last month.
  • Want Want China Finance is pursuing a new dollar bond offering, mandating banks for the deal this week.
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