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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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  • China Huarong Asset Management is preparing to return to the debt market, mandating firms for a perpetual Reg S offering.
  • American International Group stirred up the equity market over the weekend, offloading its remaining stake in China’s PICC Property and Casualty Co through a HK$1.5bn ($193.4m) block.
  • A S$350m ($259m) loan signed between Lippo Malls Indonesia Retail Trust (LMIR) and a group of lenders has opened into syndication.
  • The Central American Bank for Economic Integration (Cabei) found plenty of suitors in the Formosa bond market, sealing a Rmb1bn ($150m) offering on Friday, its second deal in a week.
  • Gridsum Holdings, which recently filed for a listing on the Nasdaq, is testing investor appetite for the $75m-$100m transaction.
  • Xi'an Municipal Infrastructure Construction Investment Group Corp made an unusual move by coming to the bond market on Friday when investors were waiting for non-farm payroll numbers. But thanks to strong indications of interest, the trade got away successfully.
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