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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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Industrial and Commercial Bank of China’s Tokyo branch sold a Rmb500m ($73.8m) dim sum bond on Tuesday — the first offshore renminbi Pro-Bond to be sold in Japan. The transaction was a successful attempt at drawing attention from Japanese investors, with the issuer managing to save costs compared to its dollar funding, according to bankers. -
Shangri-La Asia Treasury is seeking retail participants for a $130m borrowing that will refinance existing debt.
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Sociéte Générale has created a China desk in Paris to cover Chinese corporates in France and provide services ranging from acquisition financing to capital markets.
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Bank of Communications Financial Leasing Co snagged $1.5bn from a dual-tranche offering on Tuesday, as it opted for a slightly different structure to its past transactions.
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South Korea’s KCC Corp is planning an up to W800bn ($706m) bond exchangeable into shares of Samsung C&T Corp, according to sources close to the matter.
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Aluminum Corporation of China is planning its return to the international bond market, having hired banks for a Reg S dollar senior perpetual.
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