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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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Shanghai Sinooil Energy Holding Hong Kong, a unit of China Energy Reserve and Chemicals Group, has had commitments from 23 banks during syndication of its debut $400m offshore loan. -
Indonesia Eximbank and State Bank of India each secured $500m bonds on Thursday, offering investors some alternative to the Greater Chinese names that blasted into the market.
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Guotai Junan Securities Co has wrapped up its HK$16.5bn ($2.1bn) IPO, after a flood of late demand.
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CK Hutchison Holdings, through CK Hutchison International (17), raised $1.8bn across two tranches on Thursday while competing with seven other issuers in the busy Asia debt market.
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Singapore-based Fullerton Healthcare sealed an inaugural dollar-denominated perpetual from a company in the healthcare sector in Asia, bagging a larger-than-expected $175m from its first dollar outing on Thursday.
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Chinese iron and steel making conglomerate Hesteel Group Co has snapped up $500m on the back of a price rally in the steel sector onshore, with bankers praising the company’s efforts to woo accounts during a roadshow.
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