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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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Australia and New Zealand Bank has appointed David Green as the new chief executive officer for Singapore, replacing Vishnu Shahaney, who is taking up a new role at the bank. -
South Korea's Doosan Bobcat, which controls US machinery maker Bobcat, has sent out a request for proposals for a domestic IPO it plans to launch this year.
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Export-Import Bank of Korea (Kexim) opened books on Wednesday for a single tranche dollar bond to be dual listed in Singapore and Taiwan. While the Korean issuer has taken this approach before in offshore renminbi, sources close to the latest deal say this is the first of its kind in dollars.
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Bank of China Hong Kong sneaked in to the bond market on Tuesday with a triple-tranche dollar deal in the midst of several other well flagged competing transactions. But the Chinese lender raised a hefty $2bn, which bankers said proved that it is one of the strongest credits in the region.
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Hong Kong Broadband Network has hit the syndicated loan market for HK$700m ($90m) to fund its acquisition of telecom businesses Concord Ideas and Simple Click Investments.
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The International Organisation of Securities Commissions (IOSCO) is planning to set up an office in Malaysia, marking the first time the body will have a presence outside of its headquarters in Spain.
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