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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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  • A single Chinese lender will help fund a take private of Hong Kong-listed Peak Sport Products, according to an exchange filing.
  • NTPC is gearing up for India’s first offshore rupee-denominated green bond, having hired four banks to handle what could be a landmark offering.
  • China’s fifth largest lender Bank of Communications Co has mandated leads for the Hong Kong listing of its investment banking arm BoCom International, which is likely to raise $300m, according to sources familiar with the matter.
  • Shanghai Fosun Pharmaceutical Group has roped in two lenders for an $800m financing to support its acquisition of Indian firm Gland Pharma.
  • Export-Import Bank of India took the 144A route for the first time as it builds up its track record in the debt market. It was a masterstroke move for the issuer, as it got away with top notch pricing and saw US investors taking more than 60% of the notes.
  • Home building materials maker China Lesso Group Holdings will likely increase the size of its latest borrowing, thanks to a good response during general syndication.
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