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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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  • South African mining company Heaven-Sent Gold Group is planning a Hong Kong IPO, having filed a draft prospectus through sole sponsor CLSA on Tuesday.
  • JP Morgan has appointed Paul Uren to replace the outgoing co-head of global investment banking coverage for Asia Pacific, according to an internal memo seen by GlobalCapital Asia.
  • Kerala Infrastructure Investment Fund Board made its debut in the offshore rupee market on Tuesday, raising Rp21.5bn ($311.7m).
  • Energy generator NTPC became the latest of a recent slew of Indian issuers to fund in the dollar bond market, with more deals underway.
  • After six months running the Uzbekistan’s newly created debt management office, ex-HSBC DCM banker Odilbek Isakov has become the country's deputy finance minister.
  • Indonesia Eximbank is sending out a covenant waiver request for a $1.15bn loan it sealed last year, as the policy bank's non-performing loan (NPL) ratio rose higher than the covenant allows.
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