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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 Housing Finance Corp (KHFC) has hired lead managers for a new social covered bond in the euro market. It is its second such deal in the currency this year, and it could face tougher conditions this time.
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An investor in United Laboratories International Holdings is selling a chunk of the firm’s shares for up to HK$790.6m ($102m), according to term sheet seen by GlobalCapital Asia.
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Chinese company Genertec Universal Medical Group has launched a $600m dual-currency loan into syndication.
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Oil company Hilong Holding has defaulted on a dollar bond that matured on Monday, after failing to drum up enough support for an exchange offer that was extended multiple times.
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Agora is looking to raise up to $315m from its Nasdaq IPO, having begun bookbuilding for the deal.
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The Shanghai Stock Exchange will revamp its benchmark SSE Composite Index. It will also launch an index focused on companies listed on its tech-heavy Star market.
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