Latest local currency loans news

  • PrimeCredit self-arranging up to HK$1.5bn club

    A number of banks are processing approvals for a club loan being arranged by Hong Kong-based personal loan provider PrimeCredit.

    • 12 Oct 2016
  • Ethoz collects S$60m in commitments

    Singapore-based auto leasing company Ethoz Group has attracted commitments equalling the base amount of its up to S$120m ($89m) loan, according to a source.

    • 27 Sep 2016
  • Huarong International seeks HK$1.5bn in two tranches

    Huarong International Financial Holdings is seeking a HK$1.5bn ($193m) dual tranche loan and has picked a Taiwanese bank to lead the trade.

    • 25 Aug 2016
  • Ethoz drives in for S$120m three year

    Singapore-based auto leasing company Ethoz Group is gauging appetite for a syndicated loan of up to S$120m ($89m).

    • 22 Aug 2016
  • Trafigura launches $1.4bn Asia borrowing

    Invitations are out for commodities trader Trafigura’s annual Asian financing, which as in the past couple of years includes a renminbi tranche.

    • 21 Jul 2016
  • STP eyes rupiah loan to take out dollar debt

    Indonesian telecommunications tower company Solusi Tunas Pratama is looking to replace its dollar debt with local currency borrowings in a bid to curb risks from foreign exchange movements.

    • 30 May 2016
  • Shriram in driver’s seat for first overseas rupee loan

    Indian company Shriram Transport Finance is holding conversations with banks for a rupee denominated offshore syndicated loan — the first of its kind. The talks follow a change in guidelines late last year for overseas debt raising, as the central bank encourages the development of the Masala market.

    • 14 Apr 2016
  • Late arrival: MTR HK$15bn marks return after nine years

    Hong Kong’s MTR Corp has a reputation for recalibrating pricing in the region’s syndicated loan market and its latest HK$15bn ($1.9bn) dual-tranche facility is no different. The company has returned to the market after a gap of nearly 10 years, but its long absence is unlikely to pose a challenge, writes Shruti Chaturvedi.

    • 18 Feb 2016
  • Haitong International hunts for HK$8bn in two tranches

    Haitong International Securities has hit the market for a HK$8bn ($1bn) three year bullet, which could increase in size depending on demand.

    • 28 Jan 2016
  • CNH Hibor spike spurs offshore RMB loan rethink

    A big spike in the interbank rate for offshore renminbi has cast doubts over the development of the nascent CNH Hibor loan market. The changes in the overnight rates unnerved bankers, who responded that a wait-and-watch approach would be the most sensible, writes Shruti Chaturvedi.

    • 14 Jan 2016

Local currency loans 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%