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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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  • Cemex Holdings Philippines (CHP), an affiliate of Mexican cement giant Cemex, is seeking approval from the Philippine stock market regulator for a potential Ps39.7bn ($851.6m) IPO.
  • Chinese regional lender Bank of Tianjin has kicked off bookbuilding for its Hong Kong IPO after covering over half of the up to HK$9.5bn ($1.2bn) with cornerstone investors.
  • Malaysian telecommunications giant Axiata Group and Bank of Communications Financial Leasing are looking to tie up their respective dollar offerings on Tuesday with the former executing a sukuk and the latter a conventional bond.
  • Allocations for a $200m borrowing by Indian company UPL show six lenders joined the two mandated lead arrangers and bookrunners during general syndication.
  • Costa Rica based lender Banco Bac San José is looking to syndicate a slice of a $75m borrowing in Asia, sending out an outline of the loan to prospective participants in the region on Monday.
  • India’s Bombay Stock Exchange (BSE) could float as soon as September 2016 after getting the go ahead from the country’s stock market regulator.
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