Kia drives away with $900m bond

Kia Motors Corp found nothing but clear roads in the bond market on Thursday, after a moment of traffic briefly delayed its $900m dual-tranche transaction.

  • By Morgan Davis
  • 22 Oct 2017
The Baa1/A-/BBB+ rated company was forced to wait until after the Korea Development Bank priced its Formosa bond on Tuesday before it could market its dollar bond to investors. South Korean regulators try to ensure there is only one dollar bond in the primary market at a ...

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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 UBS 14,054.18 85 5.94%
2 CITIC Securities 13,958.14 79 5.90%
3 Goldman Sachs 10,886.27 55 4.60%
4 Morgan Stanley 10,221.90 54 4.32%
5 China Securities Co Ltd 9,861.82 46 4.17%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 32,532.75 218 8.19%
2 Citi 30,602.78 186 7.70%
3 JPMorgan 23,972.21 138 6.03%
4 Bank of America Merrill Lynch 20,655.77 107 5.20%
5 Standard Chartered Bank 16,700.51 126 4.20%

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