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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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  • Malaysia’s Public Bank is returning to the loan market for a $500m five year deal via sole mandated lead arranger and bookrunner Standard Chartered.
  • Studio City Company, which runs a gambling and entertainment resort in Macau, hit the jackpot on Tuesday as US investors poured money into both tranches of the company’s new bond.
  • The renminbi did not have a good October as it was overtaken by the euro as the second most active currency for trade finance, according to Swift’s latest RMB tracker.
  • Indonesia’s Mega Central Finance and Mega Auto Finance are jointly seeking a $75m fundraising, which opened into general syndication on Tuesday.
  • Chinese issuers stormed the primary debt market on Wednesday with Export-Import Bank of China, China Aluminum International Engineering Corp (Chalieco) and Changsha Pilot Investment Holdings Co among the borrowers attracting bids.
  • Tsinghua Unigroup is making its debut in the loan market with a $300m facility, as it looks to build relationships with banks as part of a strategy to expand internationally.
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