Umesh Desai
Stories by Umesh Desai
Lexinfintech cuts U.S. IPO size in the wake of Beijing cracking down on micro-lenders
Chinese consumer lending firm Lexinfintech has slashed the size of its initial public offering to between $108 million and $132 million.
HNA offshore unit closes in on liquidity crunch as deal spree turns grim
HNA's $50b deal-making in the past two years has triggered close examination of its structure and opaque ownership.
IFC targets $1b fundraising within a year as part of $5b vehicle
IFC this year raised $1.1 billion from Allianz and Eastspring Investments, the Asian asset management business of Prudential.
Asia Inc perpetual bonds have bumper year as Softbank joins ranks
Led by a clutch of jumbo deals from ChemChina to SoftBank.
Swiber to wind up, biggest Singapore casualty of oil slump
Swiber, which operates a fleet of 51 vessels, did give any specific reason for the move but said it was facing letters of demand for $25.9 million. Lo
Philippines to join other Asian nations in testing ‘sukuk’ as viable funding option
Governments across Asia are increasingly viewing sukuk as a viable funding option, with Hong Kong open to tap the market for a third time while Sri La
Malaysia’s Axiata issues $500m sukuk for Ncell acquisition
Proceeds from the sukuk would be used for the proposed acquisition of Nepalese phone carrier Ncell Pvt. Ltd
Unexpected side effects of China’s Panda bond market
China proposed landmark new rules last year aimed at allowing more foreign issuers to tap its vast bond market as well as giving domestic investors a
