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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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  • Agricultural Bank of China’s Hong Kong branch raised $1bn from a single tranche floating rate note on Tuesday, pricing the deal tighter than its large Chinese state-owned banking peers.
  • ANZ's Paul Brickell has transferred to the bank’s loan syndications team as a director, according to a source close to the situation.
  • Chinese delivery services company SF Express is seeking a HK$5bn ($640m) syndicated loan to refinance a bridge facility used to support its acquisition of Deutsche Post DHL’s supply chain business in the Mainland.
  • The sellers of Oltin, a closed-ended fund seeking to invest in Uzbekistan, have decided to postpone a public listing and proceed with private fundraising after investors expressed a preference for an unlisted fund structure.
  • The first 25 companies that started trading on the new Shanghai tech board on Monday skyrocketed, as Chinese investors welcomed the Nasdaq-style equity market with frenzied trading. As the excitement cooled on Tuesday, the bourse’s performance shows that regulators must not just focus on market reform, but also on market participants.
  • Greenko Energy Holdings found ample support for its $950m dual-tranche bond, thanks in part to the duration it offered investors, as well as the positive sentiment surrounding India.
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