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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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VietJet Air has started seeking investor interest for its potential $200m domestic IPO, according to bankers close to the deal. -
Two bankers have joined the loan syndication team of Agricultural Bank of China in Hong Kong in recent months, according to sources.
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Moody’s downgraded Mongolia’s long term issuer and senior unsecured rating from B3 to Caa1 last Friday, reflecting the agency’s lack of faith in the country’s ability to control its dire budget deficit.
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State Bank of India has zeroed in on six lenders for a $600m financing. Although the mandate has been firmed up, general syndication will likely launch next year, said a banker close to the deal.
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China National Chemical Corp (ChemChina) is meeting investors for a euro bond this week, as it looks to raise funds to pay down debt taken for the acquisition of Italy's Pirelli.
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Shanghai Dazhong Public Utilities Group Co has launched bookbuilding for its Hong Kong IPO that could raise HK$2.0bn ($257.9m).
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