Latest leveraged/non-investment grade loans news

  • Oxley builds $200m three year in syndication

    Singapore-listed property developer Oxley Holdings has hit the market for a $200m senior secured financing.

    • 08:45 AM
  • Indomobil Finance sets out for $100m with four

    Indomobil Finance Indonesia has returned to the syndicated loan market for a $100m borrowing after a break of nearly one and a half years.

    • 08:30 AM
  • Wharf T&T LBO loan in limited syndication

    A HK$4.851bn ($625m) leveraged buyout financing to back the acquisition of Wharf T&T by MBK Partners and TPG Capital has entered limited syndication.

    • 27 Oct 2016
  • Shangri-La squeezes pricing with $130m refinancing

    Shangri-La Asia Treasury is seeking retail participants for a $130m borrowing that will refinance existing debt.

    • 26 Oct 2016
  • Compliance: Not the friend you want but one you need

    One month from the US regulator fining the New York unit of Mega International Commercial Bank, Taiwanese lenders are feeling the pressure and facing an unprecedented level of scrutiny on their existing loan books. But the extra paperwork should be viewed as a minor inconvenience with long-term benefits.

    • 25 Oct 2016
  • Air India takes off for $69m syndication

    Air India is tapping the syndicated loan market to refinance a $69.065m aircraft purchase facility. The carrier, which reported its first operating profit in a decade in the 2016 fiscal year, is relying on a guarantee from the Indian government to reel in demand.

    • 25 Oct 2016
  • BNPP seeks bigger private equity wallet share with senior hire

    BNP Paribas is hoping to win more business from private equity firms across its product lines, following the appointment of James Seagrave as global head of financial sponsors.

    • 24 Oct 2016
  • Cogobuy unit boosts debut loan to $194.5m

    A unit of e-commerce platform Cogobuy Group has close to doubled the size of its debut syndicated loan to $194.5m following an oversubscription from nine banks.

    • 21 Oct 2016
  • Reception to Shui On $300m loan suggests real estate revival

    Chinese property names are trickling back into the syndicated loan market, with Shui On Land becoming one of the first mid-size borrowers to access the market this year. The credit is appealing to banks on a standalone basis, but early signs show that appetite for the sector has also improved. Shruti Chaturvedi reports.

    • 20 Oct 2016
  • Shui On offers juicy pricing on $300m amortiser

    Shui On Development Holding is offering a hefty margin on its $300m three year amortiser to entice lenders cautious about investing in Chinese property related firms.

    • 17 Oct 2016

Leveraged/non-investment grade 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 21.01
2 Agricultural Bank of China (ABC) 4,000 2 11.20
2 Everbright Securities 4,000 1 11.20
4 Industrial and Commercial Bank of China (ICBC) 3,500 2 9.80
5 HSBC 3,000 2 8.40

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%