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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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  • Financial services firm Enerchina Holdings is planning a rights issue with a view to raising up to HK$941.6m ($121.4m).
  • The Republic of Indonesia popped into the market Thursday morning, kicking off December with a new triple tranche dollar deal, the second year in a row it has hit the bond market in the last month of the year.
  • Ronshine China Holdings started taking orders for its inaugural international bond on Thursday. The deal was announced with substantial anchor orders following the roadshow, said bankers.
  • Panda and dim sum bonds are set to end 2016 with different outcomes with the former gaining plenty of traction as the latter suffers from a dire lack of appetite, according to GlobalRMB data.
  • Bank of Tokyo-Mitsubishi UFJ (BTMU) has named Vivian Sam as assistant general manager of event finance at its Asian investment banking division (AIBD), in a new role for the former Citi acquisition finance banker.
  • State Power Investment Corp (SPIC) fired the starting pistol in Asia’s dollar bond market this week, selling a $1.2bn dual tranche offering on Tuesday. The state-owned enterprise played off its strong name and high rating, and ended up paying little by way of new issue premium, even though the market was volatile.
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