Bharti Airtel wants to borrow up to $21bn to finance its potential acquisition of MTN Group, Africa’s biggest mobile phone company, in what would be the biggest ever loan for an Indian borrower, Euroweek has learnt. read more »
India’s Tata Steel sold one of the country’s biggest ever corporate bonds this week in a Rp20bn ($480m) deal that highlights the development of India’s local currency bond market. read more »
Korea Railroad Corp, the state-owned rail infrastructure manager, sold its debut international bond yesterday (Thursday) with a $300m five year deal that came at an impressively tight spread. read more »
The Hong Kong IPO market suffered a blow yesterday (Thursday) as E-Land Fashion China Holdings withdrew its offer even though sources said it had enough institutional support to price, albeit at the bottom of the range. read more »
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