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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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  • Yanlord Land Group, a Singapore incorporated real estate developer, kicked off a series of investor meetings on April 18 for a Panda bond offering. The trade will be the first Panda from a Singaporean issuer in the onshore exchange market.
  • Lou Jiwei, the Chinese minister of finance, lambasted the credit rating agencies, following last month’s decisions by Moody’s and S&P to downgrade the country’s sovereign debt outlook.
  • China launched a trial for the country’s first pair of domestic green bond indices last week as the budding asset class continues to gain traction.
  • Fortune Oil PRC Holdings, which is in the market for a $240m three year loan, has received one commitment so far with a score of lenders expressing interest in the credit.
  • DBS Group Holdings has completed its inaugural foray into Hong Kong’s bank capital market, selling a Basel III tier two trade last week. The move is part of the Singaporean lender's strategy to diversify its bank capital funding sources.
  • India’s Continental Warehousing Corp has opted for a domestic IPO to raise around Rp10bn ($150m), a source with knowledge of the situation told GlobalCapital Asia.
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