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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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  • Yunnan Metropolitan Construction Investment Co has become the latest local government financing vehicle in the offshore bond market. With more new issues in the pipeline, the LGFV bond spree shows no signs of slowing but the market is not open to all names.
  • Credit Suisse has sent out invitations for a $150m three year bullet loan for China Auto Rental (Car).
  • Singapore real estate investment trust Mapletree Commercial Trust has hired DBS, Goldman Sachs and HSBC to help it raise equity funding to back a S$1.78bn ($1.33bn) acquisition.
  • Turk Eximbank, which sent out invitations for a €300m ($337m) equivalent loan in early June, has extended the deadline for responses, according to a source.
  • Chinese fashion house JNBY Design is looking to float in Hong Kong to raise some $150m, filing a preliminary prospectus with the city’s stock exchange on Tuesday.
  • Chinese state-owned Beijing Capital (Hong Kong) has refinanced a $180m one year bridge loan signed last year.
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