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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 Hong Kong equity capital market is coming back to life with Jacobson Pharma Corp beginning pre-deal investor education on Wednesday for its up to $150m IPO.
  • Mizuho has added a new member to its debt syndication team for pan-Asia, with Jennifer Wang starting her new role on Monday.
  • A S$350m ($259m) loan signed between Lippo Malls Indonesia Retail Trust and a group of lenders is set to go into general syndication.
  • The Indian government has rejigged the conflict of interest clause in an upcoming request for proposals for sell-downs of companies in the Special Undertaking of Unit Trust of India, according to a source with knowledge of the situation.
  • Hyundai Capital Services got the timing right on its 144A outing on Tuesday, making an opportunistic move before the markets become crowded with South Korean names. Market participants said HCS’s efforts in putting together its trade paid off, with a win-win outcome for both investors and the issuer.
  • China’s Xinyuan Real Estate opened books for a new three year dollar bond on Wednesday, and is looking to use the proceeds to repay debt, including its outstanding 2018s.
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