Less than six months into 2017, Indian corporations have already raised more from follow-on offerings than in the whole of 2016. Banks have played a vital role.
China Citic Bank sells Asia’s first Additional Tier 1 bond, while Chalco raises its second perpetual note and State Bank of India offers a dual-tranche deal.
In addition to the bond from Singapore's investment agency, China Fishery, State Bank of India, Guoco Group and New World Development are set to meet with investors this week.