Latest high yield corporate bond news

  • Xinhu Zhongbao woos investors for maiden outing

    Chinese real estate developer Xinhu Zhongbao Co is looking for a window for its inaugural international outing, with a roadshow set to take place next week.

    • 17 Feb 2017
  • Chinese corps seek NDRC blessing for offshore debuts

    China Forestry Group Corp and local government financing vehicles from Xinyi and Tieling are among the issuers waiting for a green light from the National Development and Reform Commission to sell foreign currency debt.

    • 17 Feb 2017
  • BlueBay, Brandywine board busy global high yield fund trend

    Investment houses BlueBay in London and Brandywine in Philadelphia have joined this week a recent spate of high yield portfolio managers growing new funds beyond a specific regional focus.

    • 16 Feb 2017
  • Fortune may prove fickle for Chinese real estate

    Chinese high yield property issuers have shown that they have investors in the palms of their hands, taking advantage of accounts’ hunger for yield to price deals at levels that would have been impossible a few months ago. But as more property companies face refinancing needs and investors spend their cash, borrowers will need to adapt to a tougher pricing environment.

    • 16 Feb 2017
  • Hello, world! Qinghai Investment debuts with $300m

    Chinese state-owned Qinghai Provincial Investment Group Co sealed its inaugural dollar bond on a quiet day in Asia DCM, bagging $300m from an over 8x subscribed transaction. But pricing was somewhat constrained by the country's weak aluminium sector.

    • 16 Feb 2017
  • China’s Xinyuan lays foundation for dollar return

    Xinyuan Real Estate is drumming up interest for its first international bond of the year, hiring seven firms to work on a Reg S transaction.

    • 16 Feb 2017
  • Together alone to take 100bp tightening on January

    UK mortgage lender Together Financial was the only new deal in the European high yield bond market of the week when, on Wednesday, it sold a sterling offering that received firm demand in a rare example of a single-B name opting for bonds over leveraged loans.

    • 15 Feb 2017
  • Stada, Body Shop sales offer glimmer of hope to levloan investors

    The repricing train steams on in European leveraged loans, although several buyouts are coming down the track, offering new paper and the promise of some yield to desperate investors.

    • 15 Feb 2017
  • Ronshine nails additional $225m from tap

    Ronshine China Holdings took advantage of the positive market sentiment on Tuesday to grab an additional $225m from a tap of its debut 2019s, reversing the rocky reception received for the original notes.

    • 15 Feb 2017
  • Qinghai Investment digs inaugural dollar bond

    Chinese state-owned enterprise, Qinghai Provincial Investment Group Co, opened books for a Reg S transaction on Wednesday morning.

    • 15 Feb 2017

High yield corporate bond news archive

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Feb 2017
1 JPMorgan 17,319.47 78 7.51%
2 Bank of America Merrill Lynch 15,206.03 74 6.60%
3 Citi 14,973.35 73 6.49%
4 Deutsche Bank 12,727.58 55 5.52%
5 Barclays 12,559.96 50 5.45%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 3,852.38 18 10.19%
2 Deutsche Bank 3,171.67 10 8.39%
3 SG Corporate & Investment Banking 2,312.36 15 6.12%
4 Barclays 2,275.06 13 6.02%
5 Citi 2,127.92 14 5.63%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 Credit Suisse 1,022.91 14 9.38%
2 Deutsche Bank 975.14 10 8.94%
3 Bank of America Merrill Lynch 875.05 8 8.02%
4 Citi 847.97 7 7.77%
5 HSBC 789.16 11 7.23%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 JPMorgan 5,218.36 38 11.12%
2 Bank of America Merrill Lynch 3,911.34 36 8.33%
3 Credit Suisse 3,673.68 24 7.83%
4 Citi 3,657.00 24 7.79%
5 Jefferies LLC 3,166.33 8 6.75%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 4,414.96 20 8.76%
2 Deutsche Bank 3,885.95 11 7.71%
3 Citi 2,757.38 15 5.47%
4 Credit Suisse 2,528.25 11 5.01%
5 JPMorgan 2,329.39 11 4.62%