Latest senior debt/covered bond news

  • ICBC Tokyo taps Pro-Bond market with dim sum

    Industrial and Commercial Bank of China’s Tokyo branch sold a Rmb500m ($73.8m) dim sum bond on Tuesday — the first offshore renminbi Pro-Bond to be sold in Japan. The transaction was a successful attempt to draw attention from Japanese investors, with the issuer managing to save costs compared to its dollar funding, according to bankers.

    • 26 Oct 2016
  • BoCom Leasing snatches $1.5bn without parent guarantee

    Bank of Communications Financial Leasing Co snagged $1.5bn from a dual-tranche offering on Tuesday, as it opted for a slightly different structure to its past transactions.

    • 26 Oct 2016
  • BoCom, ICBC continue Chinese FIG spree

    Bank of Communications Financial Leasing Co launched its second dual tranche dollar bond of 2016 Tuesday, following a global roadshow last week.

    • 25 Oct 2016
  • Bank of China tests appetite for green covered bond first

    Bank of China (London) has mandated banks for what is being described as the first green covered bond from a Chinese bank in a transaction that will be backed by climate debt.

    • 25 Oct 2016
  • StanChart opens books to SDR bond

    China’s domestic bond market is poised for another landmark transaction with Standard Chartered Bank (Hong Kong) opening books to a special drawing rights-denominated bond on Tuesday.

    • 25 Oct 2016
  • Investors munch on ICBC Sydney dim sum

    ICBC Sydney issued a Rmb1.2bn ($177m) dim sum bond on Thursday, tapping investor interest for short term liquidity with a two year offering.

    • 21 Oct 2016
  • Investors climb up China Great Wall $1.5bn bond

    China Great Wall Asset Management Corp priced a dual-tranche offering on Thursday, finding strong demand for its deal. The relatively small size and the timing of the transaction worked in favour of the bad debt manager, according to bankers.

    • 21 Oct 2016
  • ICBC NY drops 10yr on pricing expectations mismatch

    Industrial and Commercial Bank of China’s New York branch was forced to scrap a 10 year portion of a dual tranche bond on Monday because of a disagreement with investors over what it should pay. But all was not lost, as the issuer decided to make the most of the demand for the shorter tenor, taking home $1bn in the end, writes Addison Gong.

    • 20 Oct 2016
  • Julius Baer spices up Sing dollar market with AT1

    Julius Baer made a successful comeback to the Singapore dollar market on October 13, shrugging off concerns around the downgrade of its existing subordinated notes to raise S$325m ($235m) from an additional tier one.

    • 20 Oct 2016
  • Philippines’ BDO returns to dollars after hiatus

    Philippine lender BDO Unibank issued its first dollar bond in four years on Monday, amid a busy day of primary issuance in Asia ex-Japan.

    • 20 Oct 2016

Senior debt/Covered bonds news achive

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
  • 26 Oct 2016
1 CITIC Securities 15,417.46 59 6.69%
2 Morgan Stanley 11,809.74 49 5.12%
3 GF Securities Co Ltd 11,402.65 45 4.95%
4 Deutsche Bank 8,930.26 36 3.87%
5 China Securities Co Ltd 8,697.57 46 3.77%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 HSBC 25,655.98 155 9.54%
2 Citi 24,170.03 132 8.99%
3 Bank of America Merrill Lynch 21,409.23 104 7.97%
4 JPMorgan 18,713.00 109 6.96%
5 Goldman Sachs 12,065.00 52 4.49%