Latest high grade corporate bond news

  • China Southern Power bags $1.5bn with dual trancher

    China Southern Power Grid Co (CSG) sold $1.5bn of notes across two tranches on Thursday, opening its transaction a day after State Grid Corporation of China sold a massive $5bn deal that put off some investors.

    • 07:45 AM
  • Sterling shimmers as P&G and Martlet win attractive terms

    The revival of sterling bond issuance powered ahead on Thursday, as Procter & Gamble brought a £750m deal that one banker said was “as rare as Halley’s Comet”. That coincided with a £1bn covered bond from Santander and a £400m debut from Martlet Homes.

    • 27 Apr 2017
  • Government push heats up Masala issuance

    Indian power company NTPC sold its second Masala bond on Tuesday, hitting the market a day after the National Highways Authority of India (NHAI) kicked off a roadshow for its debut. With more state-owned companies expected to jump on the Masala bandwagon, the government’s efforts at boosting the market appear to be paying off, writes Morgan Davis.

    • 27 Apr 2017
  • State Grid switches on largest bond of 2017

    State Grid Corporation of China on Wednesday snapped up $5bn from a four-trancher — the largest G3 bond so far this year. In addition to size, the issuer also achieved tight pricing, said market participants.

    • 27 Apr 2017
  • China Southern Grid, Minsheng, SOCAM roll out bonds

    China Southern Power Grid Co, China Minsheng Banking Corp and Hong Kong-listed SOCAM Development started taking bids for their respective dollars bonds on Thursday at the Asia open.

    • 27 Apr 2017
  • NTPC cooks up Rp20bn Masala bond

    India’s NTPC sealed a Rp20bn ($311m) five year Masala bond on Tuesday, as the country continues its struggle to develop the offshore rupee market.

    • 26 Apr 2017
  • State backing propels SDIC’s $1bn debut

    China’s State Development & Investment Corp (SDIC) sealed a dual tranche offering on Tuesday, with the issuer’s state ownership, diversified investment portfolio and the moderate deal size ensuring a smooth debut.

    • 26 Apr 2017
  • State Grid lights up market with four-tranche deal

    State Grid Corporation of China opened books for a four tranche dollar bond on Wednesday morning, comprising three, five, 10 and 30 year portions.

    • 26 Apr 2017
  • China's SDIC set for dollar debut

    China’s State Development & Investment Corp started collecting orders for its new dual tranche offering on Tuesday morning at the Asia open, with the company set to debut in the dollar bond market.

    • 25 Apr 2017
  • NTPC spices up market with Masala bond

    India’s NTPC opened books for a new offshore rupee offering on Tuesday, the second Masala transaction to hit the market this year.

    • 25 Apr 2017

High grade corporate bond news archive

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Apr 2017
1 JPMorgan 47,322.39 219 6.97%
2 Citi 42,594.08 210 6.28%
3 Bank of America Merrill Lynch 39,461.35 204 5.82%
4 Deutsche Bank 36,345.71 152 5.36%
5 Barclays 33,878.27 148 4.99%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2017
1 BNP Paribas 10,853.09 45 9.91%
2 Deutsche Bank 8,072.26 30 7.37%
3 Barclays 7,980.08 33 7.29%
4 Citi 7,052.29 36 6.44%
5 SG Corporate & Investment Banking 6,646.16 38 6.07%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 11 Apr 2017
1 Deutsche Bank 2,981.20 25 9.50%
2 Citi 2,705.59 14 8.62%
3 JPMorgan 2,305.05 18 7.35%
4 Bank of America Merrill Lynch 2,082.61 15 6.64%
5 Barclays 2,056.23 15 6.55%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2017
1 JPMorgan 13,963.01 103 11.90%
2 Bank of America Merrill Lynch 11,022.42 92 9.40%
3 Citi 10,519.92 74 8.97%
4 Goldman Sachs 9,044.89 65 7.71%
5 Barclays 7,008.49 47 5.97%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2017
1 BNP Paribas 11,849.34 47 4.05%
2 Citi 10,255.40 43 3.51%
3 Deutsche Bank 9,727.43 31 3.33%
4 Barclays 8,299.70 38 2.84%
5 SG Corporate & Investment Banking 7,151.08 38 2.44%