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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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  • The Hong Kong subsidiary of Chinese conglomerate Peking University Founder Group has hit the syndicated loan market for a financing of $80m with one bank at the helm.
  • South Korea’s Woori Bank, which sent out a request for proposals for an offshore bond earlier this month, has hired banks to arrange meetings with investors.
  • Two units of the Japan Post group have priced their IPOs at the top of the range, bolstered by strong demand from long-onlys and retail investors eager to get a slice of the country's biggest listing in years.
  • Dongfeng Motor Group is set to make its debut in the euro-denominated bond market on Tuesday, as the company aims to raise proceeds to pay back part of a bridge loan in the currency.
  • Short-end CNY swaps were well offered this morning after the US softened its official assessment on the yuan and the PBoC injected liquidity into the system. An early steepening move then pushed receivers into the mid-sector of the curve. In addition, the PBoC is planning a CNH bond issue, writes Deirdre Yeung of Total Derivatives.
  • The People’s Bank of China (“PBoC”) has opened books to its debut one year offshore central bank note in the Asia morning at 3.30% area on October 20.
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