India

A special purpose vehicle under India’s Greenko Energy Holdings is ready to market a dollar green bond, while Hong Kong’s Castle Peak Power Company is looking to sell what it is calling an energy transition bond.

Indian Renewable Energy Development Agency (Ireda), the chief financier of the country’s renewable energy projects, will hire as many as four banks for its IPO.

Au Small Finance Bank’s IPO in India raised Rp19.1bn ($294.5m) for the selling shareholders after it was priced at the top of the range.

Hindustan Petroleum Corp (HPCL) on Wednesday sealed its inaugural international bond, a $500m 10 year deal. The company capitalised on a strong bid for Indian paper, and managed to price flat to its oil and gas peers with a similar government backing.

Footwear maker Khadim India has filed for a listing in the country via two bookrunners, with books expected to open as early as September.

Hindustan Petroleum Corp (HPCL) opened books for its debut dollar transaction on Wednesday morning, and is looking for a 10 year bullet.

India’s Syndicate Bank has appointed Melwyn Rego as the chief executive officer effective July 1, succeeding Arun Shrivastava who retired at the end of June.

India’s Au Small Finance Bank is on track to price its IPO at the top of guidance, raising the lender Rp19.1bn ($294.5m) after the deal was subscribed more than 50 times.

India’s Cadila Healthcare has received board approval to sell foreign currency bonds, a first for the company.

National Multi Commodity Exchange (NMCE) and Indian Commodity Exchange (ICEX) have agreed to merge, with both parties expecting to complete the move by December.

A loan of around $400m for Indian data analytics firm Mu Sigma is open for retail participation after a successful senior phase when seven lenders joined the deal.

India’s Rural Electrification Corp found investors more interested in its government links than its bond’s green label when it debuted in the offshore market on Thursday with a $450m deal.