Lion City Manufacturer Enters FX Swap

  • 17 Mar 2003
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Amtek Engineering, a Singapore-based precision metal stamping and manufacturing company with assets of around SGD500 million (USD287 million), recently entered a foreign exchange swap to convert U.S. dollars into its domestic currency. "We always hedge our fx exposure," said Roger Lim, head of the finance department.

The firm entered a USD80 million foreign exchange swap to switch greenback receipts into Sing dollars, according to Lim, who declined to give specifics. DBS Bank is the counterparty on the swap. Jenny Lee, spokeswoman at DBS in Singapore, did not return calls.

Amtek has also entered interest rate swaps in the past, said Lim, declining to elaborate. The firm selects counterparties on the basis of pricing.

  • 17 Mar 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%