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Investors were eager to tender their bonds despite initial resistance
Banker had been with Dutch lender for just over a year
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Indiabulls Housing Finance has sold India’s first international convertible bond in more than a year, spurring interest from other companies struggling to raise funds in the country’s domestic market. But potential issuers will have to deal with a lot of regulatory hurdles, writes Jonathan Breen.
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Indian telecommunication company Bharti Airtel found strong support from global investors for its bond this week, allowing it to raise more money than expected and price the $1.25bn deal at a tight level.
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Hong Kong's Castle Peak Power Co sold its third energy transition bond on Wednesday, raising $300m and solidifying its leadership in the sector in Asia.
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SciClone Pharmaceuticals bagged HK$2.18bn ($281.2m) after pricing its IPO high on the back of storming demand from institutional and retail investors, according to sources close to the deal.
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Indian renewable energy company ReNew Power is planning to list on the Nasdaq in the US through an $8bn merger with a special purpose acquisition company (Spac).
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa