India

Deutsche Bank has hired Jason Cox as a co-head of equity capital markets for Asia Pacific, as the bank lays out the management structure for the region.

India's Equitas Holdings is set to become the first small finance bank to list in the country and is lining up a Rp20bn ($300m) float in the first half of the year.

The International Finance Corporation sold on Wednesday the longest-dated Masala bond ever. The supranational also believes other issuers could be about to enter the market.

India’s HealthCare Global Enterprises has begun bookbuilding for a listing which could raise up to Rp6.5bn ($96.5m).

Indian small finance bank (SFB) Equitas Holdings is looking to raise nearly Rp20bn ($297m) with an IPO that could make it the first SFB to list in the country.

India’s capital markets regulator has decided to allow foreign portfolio investors to buy newly launched products such as real estate investment trusts (Reits) and infrastructure investment trusts (InvITs).

A $700m outing proved to be another success for ICICI Bank this week, which made a strong return to the debt market amid a lack of supply from high quality Indian credits. The scarcity element of Indian names helped drum up robust demand especially from the US, allowing the lender to price its notes flat to its curve.

Allocations for a $200m borrowing by Indian company UPL show six lenders joined the two mandated lead arrangers and bookrunners during general syndication.

India’s Bombay Stock Exchange (BSE) could float as soon as September 2016 after getting the go ahead from the country’s stock market regulator.

India’s ICICI Bank is on track for its first dollar issuance of the year, having launched bookbuilding for a 10 year trade.

ArcelorMittal’s share price shot up on Friday March 11 after the Amsterdam-listed miner and steel maker set the terms for its $3bn rights issue, but then dived on Tuesday morning and though it has recovered, is now lower than last week.

Bank of Tianjin has commenced pre-deal investor education to test the waters for its $1bn Hong Kong IPO, say bankers.