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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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  • The bank has reshuffled its management team in commercial banking in Asia, with senior bankers taking on new roles, according to a press release it sent out on Monday.
  • The fixed income product offering of Shanghai Free Trade Zone is about to expand with Shanghai International Port Group (SIPG) gearing up for a Rmb500m ($73m) one year commercial paper.
  • The Bombay Stock Exchange has announced a marketing range for its long-awaited IPO in India, leaving no doubt that the Rp12.4bn ($182m) deal will price at the top of expectations.
  • The latest syndicated loan for ZhengTong Auto Services, a luxury auto dealership, has wrapped up at $409m, racing past the launch size of $300m as Chinese lenders came in with big commitments.
  • China Development Bank Corp has turned its sights on adollar-euro transaction to start its 2017 debt issuance.
  • Issuers anxious to meet with investors before the Chinese New Year are kicking off the week with roadshows around Asia. Beijing Capital Group, Qinghai Provincial Investment Group, China Huarong Asset Management, and Indonesia’s Pan Brothers are all pursuing dollar bonds.
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