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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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  • Indonesian textile company Delta Dunia Sandang Tekstil has signed its $260m fundraising with 13 lenders, about four months after banks were first sounded out.
  • With one quarter left of 2016 to go and global issuance 22% down, the equity capital markets bookrunner race is going into its final straight. Familiar faces are leading the pack, but incumbents in general are having a tough year.
  • The International Bank of Azerbaijan (IBA) will close syndication for its $150m one year loan this week and banks should complete documentation around October 19, according to a banker on the deal.
  • In an interview with GlobalMarkets Asian Development Bank (ADB) president Takehiko Nakao reveals the strategic thinking behind a surprisingly high degree of cooperation between the Japan and US-dominated ADB, based in Manila, and the China-dominated Asian Infrastructure Investment Bank (AIIB), based in Beijing
  • Leading voices from across the emerging world have lined up this week to talk up the benefits of free and unfettered trade — and bemoan the increasingly protectionist rhetoric they see emanating from politicians in the struggling West
  • The vice-president of the New Development Bank, Paulo Nogueira Batista Junior, tells GlobalMarkets how his institution is lending on projects and issuing green bonds in line with the increasing concern with environmental issues
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