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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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Mongolian Mining Corp raised $440m with a new 2024 bond this week, in a sale that ran in tandem with a tender offer for the coking coal producer’s two existing dollar bonds. -
Asia’s syndicated loan market, which slowed in the first quarter, thanks to the US-China trade war, looming elections in south and southeast Asia and a bump in the offshore bond market, is set for an even worse three months ahead, participants believe. Bankers are now pinning their hopes on a strong second half. Pan Yue reports.
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GMR Hyderabad International Airport sold its second dollar bond this week with both the size of the transaction and the pricing falling below expectations.
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We can all find ourselves in embarrassing situations, like that time Donald Trump greeted cameras with a string of loo roll stuck to the bottom of his shoe. I’m usually just happy not to be the victim.
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Industrial and Commercial Bank of China (ICBC) and China Citic Bank are eyeing a total of Rmb120bn ($17.9bn) perpetual bonds, adding heavy supply to a market opened by Bank of China in January.
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Xinjiang Transportation Construction Investment Holding Co, a local government financing vehicle (LGFV), priced a modest $160m on Wednesday to refinance an upcoming maturity.
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