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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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  • Momentum is building for real estate investment trusts (Reits) among Indonesian corporates, after Ciputra group became the latest firm to take steps towards a listing, Fitch Ratings said in a note on Tuesday.
  • A $425m five year loan for Marlin Enterprise's acquisition of a gold mine in Indonesia has been received well by retail lenders.
  • Citic Envirotech has priced a $180m tap of its existing $175m 5.45% perpetual notes at the tighter margin of 4.25%, becoming the first Asian G3 bond issuer since the UK’s decision last Friday to leave the European Union.
  • The Singapore Exchange (SGX) has extended the period of exclusive discussions with the Baltic Exchange for a proposed cash offer to acquire 100% of the shipping-based bourse.
  • ICICI Bank’s international loan syndications team in Singapore is losing a banker who has been with the Indian lender for eight years.
  • Fullerton Healthcare opened books on Wednesday for a dual-tranche Singapore dollar bond backed by the Credit Guarantee and Investment Facility. This would be the fifth transaction to be sold in the Lion City with an enhancement from CGIF.
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