Latest high grade news

  • Citic opens Samurai market to China with ¥100bn bond

    Citic Group has become the first Chinese issuer to tap the Japanese yen market in 16 years, opening the door for borrowers from the Mainland to access liquidity in the Samurai market.

    • 10:45 AM
  • KNOC snaps up $1bn from popular dual-trancher

    Korea National Oil Corp priced a dual-tranche offering on Monday, selling a 10 year portion at a tighter spread than a five year, according to bankers.

    • 18 Oct 2016
  • Cheung Kong Property builds plan for new bond

    Hong Kong's Cheung Kong Property Holdings is looking to take advantage of a recent rating upgrade to ready a bond offering.

    • 17 Oct 2016
  • KNOC makes comeback with dual-trancher

    Korea National Oil Corp is marketing its new dual-tranche offering with the same levels of initial guidance for five year and 10 year portions.

    • 17 Oct 2016
  • Li & Fung sets up $2bn MTN programme

    Hong Kong-listed company Li & Fung has established a $2bn medium term note and perpetual securities programme, appointing Citi and HSBC as arrangers.

    • 13 Oct 2016
  • Tenaga powers up sukuk with $750m debut

    Malaysia’s Tenaga Nasional sold its first dollar sukuk on Wednesday, attracting $2bn of bids as investors shrugged off concerns around the country. While participants said that that the sukuk market has always been open for borrowers, they are hoping that the power company’s deal will fuel more issuance. Addison Gong reports.

    • 13 Oct 2016
  • Chinese duo snaps up $800m from hungry investors

    TUS Holdings and a government financing vehicle from Zhuzhou sealed their respective bond offerings on Wednesday, with the former raking in $500m and the latter $300m.

    • 13 Oct 2016
  • Malaysia's Tenaga seeks diversity with sukuk outing

    Malaysia’s Tenaga Nasional, which set up a $2.5bn multi-currency sukuk programme at the start of the month, has kicked off its first dollar outing in about 15 years.

    • 12 Oct 2016
  • Jiangsu LGFVs ready debut dollar bonds

    Chinese local government financing vehicles Huai’an Traffic Holding and Jiangsu Zhongguancun Science Park Holding Group are hitting the road this week ahead of their first dollar offerings.

    • 11 Oct 2016
  • Chinese issuers seek NDRC's blessing for offshore outings

    A handful of Chinese companies have registered their plans to sell offshore foreign currency bonds with the National Development and Reform Commission, with potential issuers ranging from state-linked entities, government financing vehicles and corporates.

    • 07 Oct 2016

High grade news archive

Panda Bonds Top Arrangers

Rank Arranger Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China (BOC) 7,500 5 22.26
2 Agricultural Bank of China (ABC) 4,000 2 11.87
2 Everbright Securities 4,000 1 11.87
4 Industrial and Commercial Bank of China (ICBC) 3,500 2 10.39
5 HSBC 3,000 2 8.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Oct 2016
1 CITIC Securities 14,399.87 54 6.41%
2 Morgan Stanley 11,680.45 48 5.20%
3 GF Securities Co Ltd 11,254.82 44 5.01%
4 Deutsche Bank 8,929.93 36 3.97%
5 China Securities Co Ltd 8,568.28 45 3.81%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Oct 2016
1 HSBC 24,211.67 144 4.82%
2 Citi 23,007.32 123 4.58%
3 Bank of America Merrill Lynch 20,229.47 98 4.03%
4 JPMorgan 18,255.12 103 3.63%
5 Goldman Sachs 11,241.68 45 2.24%