Latest high yield corporate bond news

  • B&M extends sterling HY issuance lead

    Discount retailer B&M will launch on Tuesday its £250m debut high yield bond in a so far ‘hard Brexit’-proof sterling market — but some investors are already warning about a potential glut of supply.

    • 23 Jan 2017
  • Safe landing for Hong Kong Airlines' $250m perp

    Hong Kong Airlines was among the many borrowers that squeezed through a narrow issuance window last week before Chinese New Year. Its first senior perpetual, which has been sometime in the making, soared with strong private bank demand.

    • 23 Jan 2017
  • China's Shui On Land, Biostime chase deals

    Chinese companies Shui On Land and Biostime International are looking to raise funds from the dollar debt market, launching their respective deals on Monday morning.

    • 23 Jan 2017
  • Channel Islands snap NewDay LBO bond listing

    The European high yield bond market priced on Friday its third deal listing on the Channel Islands this year, a £425m bond to finance NewDay’s acquisition by Cinven and CVC.

    • 20 Jan 2017
  • Pan Brothers opens door for Indonesian high yield

    Debut Indonesian issuer Pan Brothers ventured out to the market Thursday, pricing a $200m five non call three deal, paving the way for more Indonesian high yield issuers.

    • 20 Jan 2017
  • Hong Kong Airlines pursues senior perp

    Hong Kong Airlines, whose biggest shareholder is China’s HNA Group, was marketing a senior perpetual non call 3.5 year bond on Friday, driven by anchor interest.

    • 20 Jan 2017
  • Sterling HY pops after ‘hard Brexit’ speech

    The tally of sterling high yield bond sales in January is on course to reach £2bn, a sensational reversal from 2016’s entire first quarter without issuance in the currency, with several issues this week despite news that the UK will seek to leave the EU single market.

    • 19 Jan 2017
  • CISE meets HY buyers for first time over listing craze

    Executives from the Channel Islands Stock Exchange (CISE) travelled to London on Wednesday to meet investors and discuss their concerns over the growing trend for high yield borrowers to list their bonds there.

    • 19 Jan 2017
  • Investors bag Hapag’s triple-C, but bottom ratings pipeline slim

    Hapag-Lloyd, Germany’s largest container liner shipping company, sold a rare triple-C rated bond to high yield investors on Thursday.

    • 19 Jan 2017
  • Jaguar follows euro success with sterling offering

    The tally of sterling high yield bond sales in January is on course to reach £2bn after Jaguar Land Rover on Thursday launched a new £300m offering, adding to a recent surge of deals in the currency.

    • 19 Jan 2017

High yield corporate bond news archive

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 8,940.33 44 7.62%
2 JPMorgan 8,642.90 35 7.36%
3 Deutsche Bank 6,900.99 32 5.88%
4 Bank of America Merrill Lynch 6,182.44 32 5.27%
5 Credit Suisse 5,391.91 30 4.59%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Citi 1,513.82 9 9.16%
2 BNP Paribas 1,388.55 9 8.40%
3 UniCredit 1,013.92 7 6.14%
4 Barclays 992.86 6 6.01%
5 SG Corporate & Investment Banking 943.52 7 5.71%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 NatWest Markets 216.56 3 8.11%
2 BNP Paribas 201.55 3 7.54%
3 HSBC 199.05 3 7.45%
3 Credit Suisse 199.05 3 7.45%
5 UniCredit 155.26 2 5.81%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 297.36 3 36.61%
2 RBC Capital Markets 85.86 2 10.57%
3 Wells Fargo Securities 85.71 1 10.55%
3 Mizuho 85.71 1 10.55%
3 Goldman Sachs 85.71 1 10.55%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Citi 2,087.29 10 8.43%
2 Mizuho 1,656.00 6 6.69%
3 BNP Paribas 1,583.41 10 6.40%
4 JPMorgan 1,130.71 4 4.57%
5 Commerzbank Group 1,090.75 4 4.41%