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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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  • TPI Polene Power is looking to list on the Stock Exchange of Thailand via leads CIMB, Maybank and Tisco Securities.
  • The Republic of Indonesia has mandated three banks to work on a Samurai bond that is expected to launch later in the year.
  • Promoters of the Indian automaker Eicher Motors have raised Rp20.9bn ($313.1m) after selling a block of shares in a club deal.
  • Macau casino operator SJM Holdings has launched a HK$25bn ($3.2bn) dual-tranche financing into general syndication with proceeds to be used for the construction of a new project in the gambling hub.
  • ICBC Financial Leasing sold a 10 year note for the first time as part of a triple-tranche return to the bond market. The financial leasing company had wanted to extend its dollar curve but was also encouraged by the success of its industry rival BOC Aviation last month.
  • The Export-Import Bank of Korea (Kexim) is working on its debut Panda bond and has mandated two banks on the deal. However the trade still has to overcome a number of barriers including the ongoing issues around accounting, two sources have told GlobalRMB.
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