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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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Fujian Yango Group sealed its inaugural international bond on Tuesday, snapping up $300m from a guaranteed bond. A quiet debt market in Asia worked in the issuer’s favour, but it still had to pay a premium for its unrated status. -
Bharat Petroleum Corp (BPCL) has extended the deadline for responses to a $150m request for proposals sent in mid-March.
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Chinese gold miner Zhaojin Mining Industry Co has raised HK$1.2bn ($156.0m) through a private placement of H-shares, according to a filing with the Hong Kong Stock Exchange.
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China Huiyuan Juice Group has sealed a slightly larger than planned syndicated loan of €160m with four banks. A few more lenders are still set to join, which will further bump up the fundraising, according to a source.
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Korea Expressway Corp and JSW Steel have mandated banks for new international dollar deals as the first quarter draws to a close.
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Nomura has promoted Prabhat Awasthi to the position of head of India, according to a press release from the Japanese bank on Wednesday.
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