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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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  • Korea Development Bank (KDB) is returning to a tried and tested formula for its latest offshore renminbi outing, opening books for a single tranche dual-listed bond on November 24.
  • The Securities and Exchange Board of India (Sebi), the country’s financial markets watchdog, is understood to be vexed about the lack of retail participation in two recent high-profile IPOs. But this is much ado about nothing, and it would be a mistake for the regulator to start meddling again to protect the interests of small investors.
  • The Securities and Exchange Board of India (Sebi) and the Bangladesh Securities and Exchange Commission (BSEC) have agreed to extend bilateral co-operation and technical assistance to each other under a new pact.
  • Indonesian miner Berau Coal Energy is conducting a tender offer to buy back its two outstanding dollar bonds, the company announced on November 24.
  • The Singapore covered bond market could soon be welcoming a second participant after United Overseas Bank announced a $8bn global covered bond programme this week.
  • India’s Reliance Industries signed its $1.47bn dual-currency loan at the end of last week in Dubai, with the deal sealed following commitments from a group of around 30 lenders.
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