South Asia
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A $651m facility for Vedanta Group will be split into two tranches, one for overseas lenders and the other helmed by Indian banks, according to a banker close to the deal.
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India’s most popular matchmaking website Matrimony.com has refiled for an IPO with a new syndicate team and a smaller fundraising target. -
State Bank of India will pick up to six firms for a proposed qualified institutional placement or follow-on public offer, according to a request for proposals sent on Tuesday.
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Indian Energy Exchange has hired two local banks for an expected Rp7bn ($108m) IPO slated for the current financial year ending March 2018, said sources close to the matter.
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IRB InvIT Fund brought India’s first infrastructure investment trust to market last week, making history with its Rp46.5bn ($727.4m) IPO. Books closed with demand for nearly 9x the shares available, in a huge boon for the asset class. But while the trade sets a high bar, future issuers need not follow its template.
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India’s first infrastructure investment trust bounded to a solid finish with IRB InvIT Fund’s Rp46.5bn ($727.4m) IPO closing 8.6x covered.
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The Democratic Socialist Republic of Sri Lanka wowed investors with its new 10 year outing, securing a massive $11bn order book for a $1.5bn deal.
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India’s government divestment agency has extended the deadline for firms to bid for roles in the Iistings of North Eastern Electric Power Corp (Neepco) and MSTC.
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Bookbuilding for IRB InvIT Fund’s Rp46.5bn ($727.4m) IPO is having a slow start despite the hype surrounding India’s first infrastructure investment trust.
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The Securities and Exchange Commission of Pakistan is giving a fillip to its IPO market, rejigging rules to make the equity-raising process more efficient and less time consuming.
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The Democratic Socialist Republic of Sri Lanka opened books for a new dollar offering on Thursday, braving a quiet week in Asia's debt capital markets.
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Indian textbook publisher S Chand and Co has sealed its Rp7.3bn ($113.7m) IPO 59.5 times subscribed after a burst of demand on the last day of bookbuilding.
