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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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  • China National Bluestar wrapped up an unexpected dollar bond last week, forcing some investors to remain on the sidelines due to tight pricing and lack of clarity.
  • ANZ consolidates its leading position in fixed income while CIMB proves it is a force to be reckoned with in commodities, writes Anthony Chan.
  • The announcement of a new RMB exchange index has rekindled debate about whether the People's Bank of China (PBoC) needs to review the way it communicates with global markets. The answer is a resounding yes.
  • A €630m ($683.6m) facility for a unit of China National Chemical Corp has been allocated, with a dozen banks coming in during general syndication.
  • Industrial and Commercial Bank of China (ICBC) London has become the lender’s third branch to issue a dollar bond in just over a month. This is part of the issuer’s plans to ramp up its presence in the international debt market with bankers expecting more of its branches to join in.
  • Indonesian telco tower company Solusi Tunas Pratama (STP) has asked banks to relax a covenant on a loan raised in May as it anticipates future acquisitions that will change its gearing levels.
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