Yieh Phui dim sum undershoots expectations

Steelmaker Yieh Phui Enterprises raised Rmb275m ($43.3m) from its first foray into the offshore renminbi bond market, but despite scarce supply from Taiwanese issuers in the market the company raises less than many bankers and investors had expected.

  • 05 Jul 2012

Sole bookrunner BNP Paribas priced the two year deal at the end of last week. The bank pitched the deal at the 4.5% area on Wednesday, and priced the deal exactly in line that guidance on Friday.

But the Rmb275m size was less than the Rmb300m-Rmb500m that rival ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 133,573.25 578 7.23%
2 Bank of America Merrill Lynch 118,541.55 539 6.42%
3 Citi 104,212.37 544 5.64%
4 Goldman Sachs 86,938.14 355 4.71%
5 Barclays 82,724.67 361 4.48%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 BNP Paribas 22,951.77 105 8.77%
2 Barclays 19,796.44 75 7.56%
3 Deutsche Bank 17,925.12 74 6.85%
4 HSBC 16,031.84 71 6.12%
5 SG Corporate & Investment Banking 14,554.56 78 5.56%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
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1 JPMorgan 5,442.63 45 7.89%
2 Goldman Sachs 4,801.82 38 6.96%
3 Deutsche Bank 4,751.46 46 6.89%
4 Credit Suisse 4,353.57 48 6.31%
5 Barclays 4,263.74 37 6.18%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 28,018.08 214 10.98%
2 Citi 21,099.90 168 8.27%
3 Bank of America Merrill Lynch 20,960.58 186 8.22%
4 Goldman Sachs 19,294.20 134 7.56%
5 Barclays 17,943.05 119 7.03%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 22,816.78 75 6.66%
2 HSBC 22,736.18 101 6.64%
3 BNP Paribas 21,794.95 106 6.36%
4 Barclays 21,638.43 92 6.32%
5 Citi 19,224.66 78 5.61%