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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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India's Chambal Fertilisers and Chemicals has raised a loan of $425m from three lenders and intends to use the money to set up a plant in the country. -
Tata Motors has allocated its $250m loan among a score of lenders, with the deal coming close on the heels of a separate facility for the same company.
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Nomura has announced changes to its senior management team, appointing Steven Ashley and Kentaro Okuda to jointly head its wholesale banking business.
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A $460m refinancing for Tata Power subsidiary Bhira Investments has opened into syndication with seven banks at the helm.
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Giles Ong, regional head of investment banking and advisory at Maybank, has resigned and plans to leave the firm in April.
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Moody’s changed the outlook on the Chinese government’s credit rating to negative on Wednesday as a result of weakening financials, falling currency reserves and uncertainty about the country’s ability to implement economic reforms.
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