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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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  • Chinese local government financing vehicle (LGFV) Yunnan Provincial Energy Investment Group returned to the international bond market on Tuesday, netting $440m from a dual-trancher. Market participants reckoned the company paid a premium amid a volatile market backdrop.
  • ING Bank has hired Winston Tay as head of Asia debt syndicate in Singapore, effective Wednesday.
  • Shanghai-listed Jangho Group is planning to float its architecture and interior design subsidiary Steve Leung Designers in Hong Kong, winning approval from its board this week.
  • Singapore-listed MYP has halved its rights issue to S$97.9m ($68.8m) after shareholders gave the fundraising the cold shoulder.
  • Nine banks have banded together to arrange a $750m dual tranche facility for Bank Negara Indonesia (BNI).
  • China Minsheng Banking Corp is set to debut in the dollar bank capital market, launching its deal on Wednesday morning in a week otherwise filled with trades from local government financing vehicles (LGFVs).
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