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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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  • China Aoyuan Group has received a $162m-equivalent three year secured loan from four lenders.
  • Indian metals and mining company Vedanta Resources courted the market on Thursday for its first bond since delisting from the London Stock Exchange late last year. While the delisting raised some questions for investors, the deal ultimately pulled in $1bn for the issuer.
  • Peking University Founder Group Co has raised $300m from an ultra-tight bond.
  • Hong Kong oil trading business Winson Group is paying up for an up to $180m secured revolving credit facility.
  • Hansoh Pharmaceutical Group has refiled its long-anticipated Hong Kong IPO. The Chinese drug maker first planned to go public in 2016, and was said to be readying a roadshow for its IPO as recently as February.
  • China Grand Automotive Services, the parent of Grand Baoxin Auto Group, has made its debut in the offshore loan market, four months after it raised an onshore facility. The company wants to raise $420m.
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