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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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  • The southeast Asian businesses of Standard Chartered have come into focus recently, with the bank naming new CEOs for its Thailand and Philippine offices.
  • Indonesian power producer Cikarang Listrindo slashed its funding costs and extended the maturity of its debt profile with a popular $550m 10 year note priced at a 4.96% coupon — setting a new benchmark for the country’s issuers.
  • Veolia Environnement became the first French company and only the second European corporate to issue a Panda bond, raising Rmb1bn ($150m) this month with a privately placed note.
  • Crédit Agricole CIB has hired a ‘head of international’, a new role at the bank’s global markets division. Gene Kim joins from Standard Chartered, and will oversee the markets business in the Americas, Asia and the Middle East.
  • Going for meetings in Hong Kong is stressful enough, but as I recently learned, it is not just traffic that one has to watch out for.
  • Two Hong Kong-based loans bankers from Bank of America Merrill Lynch’s Asia Pacific debt solutions team have left, while Bank of Tokyo-Mitsubishi UFJ has lost its southeast Asia loans head.
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