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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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  • Hong Kong-listed China Green (Holdings) has missed redemptions and interest payments on two renminbi-denominated but dollar settled convertible bonds, according to a filing with the Hong Kong Stock Exchange on Tuesday.
  • A stream of SSA borrowers entered the primary bond market this week in both euros and dollars. Dual tranche deals were popular as borrowers sought to take size without paying heavy new issue premiums.
  • Deutsche Bank has hired James Boyle from Citi to be head of equities for Asia Pacific after Rob Ebert retires from the role.
  • Indonesian hypermarket operator Trans Retail has enlisted one bank to arrange a $125m refinancing, with invitations sent out to lenders.
  • International Finance Corp has signed a memorandum of understanding with the Securities and Exchange Commission of Cambodia to help the country improve its corporate governance standards to attract more foreign investment.
  • The Reserve Bank of India has given the nod for infrastructure companies to access foreign currency debt for shorter maturities than originally allowed — making a rare U-turn just four months after putting a new framework together. The RBI may have got it wrong first time around but it’s comforting that it lost no time in setting things right.
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