Banks are showing interest in international investing & GIFT city. HSBC is an early mover. I spoke with Sandeep Batra, Head of International Wealth and Premier Banking at HSBC India recently.
https://t.co/o8w4pikPXC
#globalinvesting#GIFTcity#partnered
My first such experience was when I sat to next to a Thai Sikh couple in 2001 . Hoping to chat - I was astonished when they started speaking to each other in fluent Thai. ! Beautiful authenticity and integration !
@mvcinvesting There is an accrete to 120% - so essentially the coupon is about 5% if the bond holder doesn’t convert . So essentially it’s a 5% paper with a call option at 180ish .