South Asia

Greenko Energy Holdings skirted market volatility on Wednesday, seizing a rare opportunity to close a dollar deal.

The Indian government has sent out a request for proposals for banks to lead the IPO of FCI Aravali Gypsum and Minerals India (Fagmil).

The Indian government has issued a request for proposals (RFP) for bookrunners to run the listing of Telecommunications India (TCIL).

India's Yes Bank is aiming to raise up to Rp19.4bn ($275m) from a qualified institutional placement, according to a source familiar with the matter.

Indian non-bank microloan provider Spandana Sphoorty has wrapped up its IPO, just about covering the deal thanks to a strong showing from institutional investors. It is set to be priced at the top of guidance, according to a banker on the deal.

Rising tensions between the US and China, coupled with a mass strike in Hong Kong at the start of the week, caused a sell-off not just in the city’s stocks market but also across Asian bonds. While sentiment has recovered slowly, the market turbulence is set to keep equity and bond bankers on their toes. Jonathan Breen, Morgan Davis and Addison Gong report.

Topsy Mathew, Standard Chartered's regional head for corporate finance in Asean and South Asia, has resigned from the bank.

The bookrunning lead managers of Spandana Sphoorty Financial’s Indian IPO were seeking out all avenues of demand on Wednesday, with the deal barely a third covered by midday and set to close at the end of the trading day.

Swiss firm responsAbility Investments has closed a $175m microfinance CLO via JP Morgan, revitalising an industry which last saw issuance before the financial crisis.

Indian microloan provider Spandana Sphoorty Financial kicked off a two-day bookbuilding for its up to Rp12.01bn ($169.9m) IPO on Monday morning.

A recent flurry of leveraged and acquisition financing activity in Asia has caught the attention of loans bankers hungry for new assets. But as trade tensions and fears about a growth slowdown ramp up, the pressure on the market is high, writes Pan Yue.

The Reserve Bank of India has eased rules around international borrowings from the country’s companies in a bid to ease pressure on the domestic credit market.