• 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
  • STP beams $225m loan into limited syndication

    Indonesian telecommunication tower company Solusi Tunas Pratama has opened the dollar portion of a $350m-equivalent multi-currency loan to retail lenders.

    • 17 Oct 2016
  • Opportunistic FIG borrowers bring respite

    An increase in fundraising from financial institutions this year has helped an otherwise sluggish Asia ex-Japan syndicated loan market, as borrowers have found opportunistic windows to cut costs and extend maturities. But as corporate credit growth has slowed, bankers are sceptical about business prospects from the FIG sector, writes Shruti Chaturvedi.

    • 13 Oct 2016
  • 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
  • Lucky number 13 for Delta Dunia $260m borrowing

    Indonesian textile company Delta Dunia Sandang Tekstil has signed its $260m fundraising with 13 lenders, about four months after banks were first sounded out.

    • 11 Oct 2016
  • HNA Group unit taps MS, UBS for $10bn acquisition

    Avolon Holdings, indirectly owned by China’s HNA Group, has tapped Morgan Stanley and UBS to provide $8.5bn of debt for the acquisition of the aircraft leasing business of CIT Group.

    • 07 Oct 2016
  • Mega scandal brews trouble for Taiwanese lenders

    A recent fine by US regulators on the New York branch of Mega International Commercial Bank has led to demands for overseas branches of Taiwanese lenders to collect more comprehensive information about their clients. This is causing fears that the credit approval process for syndicated loans will lengthen, while banks will also find it tricky to lend to smaller borrowers. Shruti Chaturvedi reports.

    • 06 Oct 2016
  • Banks prep LBO financings for Tricor, Wharf

    Details about a $350m-$400m financing for private equity firm Permira’s acquisition of corporate services provider Tricor Group have emerged.

    • 06 Oct 2016
  • Banks line up $550m loan for Wharf T&T acquisition

    Lenders have put together a financing package of $550m to back MBK Partners and TPG’s joint acquisition of Wharf T&T from Wharf Holdings.

    • 05 Oct 2016
  • Soechi Lines docks for $180m fundraising

    A $180m financing for Indonesian tanker company Soechi Lines has been opened to a wider group of banks, with a roadshow scheduled in Taiwan this week.

    • 05 Oct 2016
  • Sampath pushes longest tenor loan up to $100m

    Sri Lankan commercial lender Sampath Bank has wrapped up its latest fundraising at $100m, fully using a $50m greenshoe on the back of demand from Middle Eastern and Indian lenders.

    • 04 Oct 2016
  • Blackstone acquisition loan for Mphasis pulls in seven

    Seven banks subscribed to a $297m loan for Blackstone’s acquisition of Indian fintech firm Mphasis during general syndication. The deal was initially conceived as a $405m facility but the amount was reduced after an open offer.

    • 04 Oct 2016

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%