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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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  • The National Association of Financial Market Institutional Investors (Nafmii) has wrapped up a consultation on the securitization of non-performing loans (NPLs), paving the way for the asset class to materialise.
  • Indonesian gas-to-power specialist MAXpower Group is looking to rejig terms on a $222m five year syndicated loan sealed in 2015.
  • The Yangon Stock Exchange opened last Friday to a fervent day of trading with the debut listed stock, First Myanmar Investment, jumping about 19% on the first day.
  • Ngai Shun Holdings is planning a HK$903.87m ($116.57m) rights offer with the support of just one underwriter, as it faces a tough time raising funds from investors and banks.
  • Shanghai Pudong Development Bank (SPDB) returned to China's domestic green bond market last week, less than two months since its last transaction.
  • The Government of Mongolia is out with a 144A/Reg S bond, more than two months after holding meetings with potential investors. Delayed by a series of negative macro factors, the sovereign is offering an attractive yield when compared with its outstanding notes.
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