Sunshine tackles refi needs with new bond

Property developer Sunshine 100 China Holdings, rated CCC+ by S&P and B- by Fitch, is taking bids for a new dollar bond, in a bid to address its looming debt maturity.

  • By Addison Gong
  • 20 Sep 2017



Joint global co-ordinators CMBC Capital, China Industrial Securities International, Guotai Junan International and Haitong International announced initial price guidance for a three non call two year bond in the 8.5% area n Wednesday morning.

Yue Xiu Securities and Zhongtai International are also on the deal as joint ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 11,427.98 67 5.85%
2 Goldman Sachs 9,298.39 45 4.76%
3 UBS 9,294.44 70 4.76%
4 China Securities Co Ltd 9,276.15 41 4.75%
5 China International Capital Corp Ltd 9,131.08 44 4.68%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,421.28 190 8.22%
2 Citi 25,455.77 157 7.36%
3 JPMorgan 21,282.04 124 6.15%
4 Bank of America Merrill Lynch 18,072.67 94 5.23%
5 Standard Chartered Bank 14,573.61 109 4.21%

Asian polls & awards