Latest high yield corporate bond news

  • Want Want, China SCE seize window to sell combined $800m

    Want Want China Finance and China SCE Property sold $500m and $300m of notes respectively on Thursday, as both hit the market before the expected rush investment grade names next week.

    • 21 Apr 2017
  • CMP raises Rmb2.5bn from ‘Silk Road’ Panda

    China Merchants Port Holdings (CMP) successfully raised Rmb2.5bn ($363.4m) from a five year Panda bond on the interbank market on Thursday. The company is presenting the trade as a Silk Road bond, even though all of the proceeds will be used onshore.

    • 21 Apr 2017
  • Fosun back for tap of $800m March deal

    Fosun International has opened a tap of its March-issued $800m 5.25% 2022s, following reverse inquiry.

    • 21 Apr 2017
  • Times Property hits $600m 2017 issuance quota

    China’s Times Property Holdings sealed a quick $225m deal on Wednesday to reach the upper limit on its offshore issuance cap for the year.

    • 20 Apr 2017
  • Want Want, SCE Property market dollar deals

    Chinese corporate names Want Want China Finance and China SCE Property were out in the market on Thursday morning.

    • 20 Apr 2017
  • Hot April for high yield and leveraged loans

    Leveraged finance is once again Europe’s most vigorous corporate capital raising market this week, as investment grade markets remain slumbrous. Five high yield bond issues were mandated on Tuesday, the first day after the Easter holiday, and two cross-border leveraged loan repricings also came to market.

    • 19 Apr 2017
  • Halcyon Agri pursues perp, ICBC Singapore seeks FRNs

    Wednesday proved yet another robust day for Asian bonds, with rubber company Halcyon Agri Corporation, Industrial and Commercial Bank of China’ Singapore branch and Chinese developer Times Property Holdings out for funds in the primary market.

    • 19 Apr 2017
  • Time for China to loosen its grip on issuers

    Chinese regulators are keeping a tight control on offshore bond flows this year, as issuers report a lengthy registration process and an inconsistent approach to approvals. With borrowers itching to go offshore before the market backdrop becomes unreceptive, China’s overbearing approach could very well backfire.

    • 18 Apr 2017
  • Malaysia's Cagamas returns to dollars

    Malaysia’s Cagamas Berhad kicked open the Tuesday market with the launch of a new dollar offering, while Saka Energi Indonesia announced its pursuit of a new dollar deal as well.

    • 18 Apr 2017
  • Pre-Easter blowout hatches Asian bond deals

    Aluminum Corp of China, Peking University Founder Group, Beijing Enterprises Holdings and Singapore’s Oxley Holdings all walked away with new bonds on Wednesday, wrapping up a blockbuster issuance week ahead of Easter.

    • 13 Apr 2017

High yield 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
  • 04 Apr 2017
1 JPMorgan 12,214.51 86 12.12%
2 Bank of America Merrill Lynch 9,891.30 80 9.81%
3 Citi 9,372.27 62 9.30%
4 Goldman Sachs 7,529.63 51 7.47%
5 Credit Suisse 6,129.63 44 6.08%

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%