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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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  • Indomobil Finance Indonesia has launched a $240m borrowing into general syndication, changing its approach to the fundraising after market sentiment improved.
  • Clean, green energy exists; it is more or less unlimited and it is increasingly cheap to harvest through solar and wind farms. Why are we not converting to renewables wholesale — especially in poor countries, which tend to have abundant sunshine? A significant part of this market failure is financial, and capital markets must solve it.
  • Zhen Ding Technology Holding tapped the equity-linked market on Monday with a zero coupon convertible bond.
  • China’s ChiNext board, which focuses on innovative companies and start-ups, has started accepting listing applications as it kicks off a reform centred on a registration-based IPO system.
  • Fosun International pushed pricing aggressively for a new deal on Monday, but the $600m bond still surpassed its size expectations.
  • CLP Power Hong Kong has added $750m to its coffers from a dual-tranche bond, taking advantage of the hot demand for its subsidiary’s recent issue to attract investors.
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