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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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Nameson Holdings is braving the pre-Easter lull with a HK$665m ($86m) Hong Kong IPO, which launched on Thursday with the parent of Japanese clothing chain Uniqlo among its cornerstone investors.
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Yunnan Provincial Investment Holdings Group (YIG) attracted strong demand for its maiden dollar bond on Wednesday as its link to China’s provincial government worked in its favour.
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Tata Steel is expected to offer banks a much higher return for a refinancing related to its Canadian operations than it paid for its recently concluded $1.5bn facility, according to sources.
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Thailand’s TMB Bank made a popular return to the bond market on Wednesday, raising $300m from a 5.5 year offering that was six times covered thanks mostly to its rarity value.
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Chinese regional lender Bank of Jinzhou is planning to launch an H-share private placement in Hong Kong, according to a filing with the city’s stock exchange on Thursday.
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Hong Kong Airlines made a quick return to the international bond market on Wednesday with a $120m tap of its maiden dollar issue from January.
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