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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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Cochin Shipyard is expected to call for a second round of bids from banks for its planned IPO in India owing to a disagreement on fees, according to equity capital markets bankers in the country. -
China Zheshang Bank is gauging demand for a $1.5bn-$1.6bn IPO in Hong Kong and plans to launch the trade next week.
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Tata Steel is holding conversations with banks to refinance debt related to its Canadian operations. The talks come even as the company is a week away from winding up a $1.5bn refinancing for its Singapore subsidiary.
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Chinese e-commerce giant Alibaba Group has mandated eight banks to run its $4bn loan, with invitations to be sent out to lenders soon.
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Hutchison China MediTech’s (Chi-Med) $100m IPO on the Nasdaq has been oversubscribed three days into bookbuilding, according to sources close to the transaction.
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United Overseas Bank started receiving bids for a tier two offering on Wednesday in what is the year's first dollar bank capital deal from Asia ex-Japan.
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