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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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  • Chinese rubber and plastics producer Great Rich Technologies is preparing to float in South Korea for as much as W101.3bn ($90.8m), according to a filing with the Korean market regulator.
  • Dongxing Voyage, a wholly-owned unit of Dongxing Securities (Hong Kong), bagged $300m on Tuesday on the back of strong demand as a combination of anchor orders and indications of interest propelled the deal.
  • Trans Corpora has received commitments from two banks for a $150m three year senior secured term loan that launched into syndication in June.
  • Country Garden Holdings Co sneaked into the bond market on Tuesday with a $650m deal, finding an opportunistic window ahead of the US Federal Reserve and Bank of Japan’s decisions on monetary policies.
  • Sun Century Group is looking to scoop up HK$960.7m ($123.8m) from a three-for-one rights offering to repay outstanding loans.
  • Standard Chartered has expanded Kaustubh Kulkarni’s responsibilities within debt capital markets as the bank seeks fresh opportunities in local currency bonds.
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