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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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  • Russian B&N Bank has released price guidance for a $150m-$200m loan participation notes and is targeting Asian investors with the deal, according to a source at the issuer.
  • Indian real estate company DLF is planning to sell a shopping mall as part of its goal to set up a real estate investment trust (Reit), according to a filing with India’s Bombay and National stock exchanges.
  • Orchid Capital Investments has exited from Vietnamese conglomerate Masan Group, raising VN$3.1tr ($139m) from a small group of investors including Singapore’s sovereign wealth fund.
  • Singaporean lender United Overseas Bank (UOB) made a quick return to the dollar bond market last Friday, raising an additional $200m with a tap of its tier two notes issued earlier in the month.
  • CIMB’s regional head of equity capital markets is understood to have tendered his resignation after more than a decade with the Malaysian lender, according to sources.
  • Indonesian developer Grahamas Adisentosa is seeking a long-term loan of $1.458bn to fund the construction of a 111-storey building in Jakarta.
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