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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 Petrochemical Corp has bagged the largest G3 bond from a corporate in Asia so far this year, wrapping up a $3.4bn four-tranche transaction on Wednesday, taking advantage of a favourable market window.
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Issuers from Greater China, including Yanzhou Coal Mining Company (Yancoal) and Regal Hotels International Holdings, have opened books for new perpetual notes, while China Oil and Gas Group has mandated firms for its return.
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Modernland Realty launched a new dollar deal on Thursday, following on the success of other high yield Indonesian names this year.
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Zhejiang Expressway Co is breaking the lull in Asia’s equity-linked market, opening books on Wednesday evening for a €365m ($389m) transaction.
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Three senior members of Deutsche Bank’s Asia debt and equities teams have left, with two of them jumping ship to Credit Suisse.
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A block in South Korea’s Kakao Corp launched on Wednesday evening could raise W198bn ($176m) for Wemade Entertainment Co.
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