Renhe, Fantasia ignore Greek default fears to join rush of Chinese high yield bonds

Fantasia Holdings and Renhe Commercial Holdings added their names to the bulging list of Chinese companies looking to sell high yield bonds, announcing new issues just a day after Standard & Poor’s cut its sovereign rating on Greece to junk.

  • 29 Apr 2010

The two issuers announced bond plans on Wednesday, despite market wobbles in the wake of S&P’s downgrade of the Hellenic Republic of Greece from BBB+ to BB+.

Renhe, which builds and operates underground shopping centres, picked Bank of America Merrill Lynch, Bank of China International, JPMorgan and UBS ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@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.

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 JPMorgan 19,492.11 46 8.85%
2 UniCredit 18,866.65 83 8.57%
3 HSBC 16,021.11 53 7.27%
4 BNP Paribas 13,314.73 89 6.05%
5 Credit Suisse 13,152.31 32 5.97%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Deutsche Bank 7,800.70 49 5.17%
2 Citi 6,458.14 23 4.28%
3 Goldman Sachs 6,353.41 38 4.21%
4 Barclays 5,713.46 35 3.78%
5 JPMorgan 4,221.50 35 2.80%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 297.36 3 36.61%
2 RBC Capital Markets 85.86 2 10.57%
3 Wells Fargo Securities 85.71 1 10.55%
3 Mizuho 85.71 1 10.55%
3 Goldman Sachs 85.71 1 10.55%