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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 Republic of Korea has sent out a request for proposals for an offshore bond to be issued as early as this month.
  • China’s securitization market has disappointed this year with volumes so far failing to reach even half the Rmb500bn ($79.2bn) quota. But what the numbers don’t show is the amount of progress that has been made to develop the market — progress that will ensure a bright future for the asset class.
  • Volatility in futures and options markets for US grains has abated after data from the US Department for Agriculture indicated a potentially weaker harvest cycle.
  • Development Bank of Japan has made its second visit to the SRI bond market with a €300m sustainability bond on Wednesday.
  • Coffee Day Enterprises opened books for its Rp11.94bn ($183m) IPO on Wednesday, after putting roughly a quarter of the trade in the hands of anchor investors. But the caution in the market appears clear, with the stock allocated to anchors at the middle of guidance.
  • BoC Aviation has soared into the syndicated loan market for a $300m unsecured borrowing, launching the deal with four banks at the top.
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