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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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Road King Infrastructure (RKI) is spinning off its expressway business in Hong Kong via an IPO that could fetch $500m in the third quarter, said sources close to the deal. -
Mainland authorities have promised that the China-Hong Kong Bond Connect will launch this year. But several questions remain on how the scheme will handle price discovery and clearing, according to post-trade services provider DTCC, which is working with CFETS on its own onshore-offshore link.
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Regal Hotels International Holdings locked in $225m on Thursday from a fixed-for-life perpetual non call five on the back of over $1bn of demand at its peak. While the issuer timed its deal well, it was not everyone’s cup of tea, said bankers.
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China Jinmao Holdings is coming to the Panda bond market for the first time with Rmb2.5bn ($362.7m) worth of three year medium term notes, the company said in an April 6 announcement.
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Indonesian developer Modernland Realty closed a modest $240m deal on Thursday, against a weaker market backdrop in Asia.
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CT Corp company Trans Retail Indonesia has allocated its $575m borrowing among a group of 36 lenders.
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