Huawei engineers return to dollar bond market

China’s Huawei Investment & Holding Co is gauging investor appetite for its third international bond, having picked five banks to work on the transaction.

  • By Addison Gong
  • 13 Feb 2017

Bank of China (Hong Kong), Citi, DBS, HSBC and Standard Chartered are the joint lead managers and joint bookrunners for a Reg S offering, and organised fixed income investor calls on Monday.

The bonds will be issued by Proven Glory Capital, a wholly-owned subsidiary of unrated Huawei, ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 30.19
2 China CITIC Bank Corp 12.38
3 Bank of China (BOC) 11.61
4 Everbright Securities 10.84
5 China Merchants Bank Co 10.06

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 8,182.39 47 5.54%
2 Goldman Sachs 8,015.17 34 5.42%
3 China International Capital Corp Ltd 7,824.36 37 5.29%
4 UBS 6,615.59 48 4.48%
5 Citi 6,126.08 41 4.14%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 23,832.57 153 8.87%
2 Citi 19,799.11 127 7.37%
3 JPMorgan 16,559.75 94 6.16%
4 Standard Chartered Bank 12,715.21 93 4.73%
5 Bank of America Merrill Lynch 11,943.66 69 4.45%

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  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

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