Latest high yield corporate bond news

  • Melco Resorts Finance finds strong US support

    Melco Resorts Finance on Thursday sold a tightly priced eight year non call three bond to refinance its outstanding 2021s, with its deal over 2x subscribed.

    • 26 May 2017
  • APL snaps up $300m from record inaugural trade

    Indonesia’s Agung Podomoro Land (APL) priced its maiden offshore bond on Thursday, achieving a number of firsts thanks to its leading position in the country’s property market and its strong financials.

    • 26 May 2017
  • Dr Peng connects with investors on rarity value

    Dr Peng Telecom & Media on Thursday sealed its debut bond, raising $500m from a three year that was over 5x covered. Enthusiastic accounts in Asia and Europe piled in to the deal, enabling the lead to slash pricing by a hefty 45bp.

    • 26 May 2017
  • HY looks to Lindorff billions but supply to stay limited

    The euro high yield market was dining on small portions this week, and there's little prospect of a sustained return to high volumes — despite the two chunky deals expected soon.

    • 25 May 2017
  • Towergate tailors high yield deal to morph into Kirs

    A group of private equity firms have joined forces to merge UK insurance broker Towergate and four peers into a new industry player called Kirs, and this week launched a £800m bond to back the move.

    • 25 May 2017
  • Four vie for dollar investor attention

    The Asia ex-Japan G3 bond market saw a slew of issuers from a variety of backgrounds hit the market on Thursday, with borrowers from Greater China as well as Indonesia venturing offshore.

    • 25 May 2017
  • Long investor queues for Heathrow’s HY deal

    UK airport Heathrow landed orders for more than five times its £250m offering on Wednesday, in a week with less than €500m of new paper in sterling and euros in the high yield bond market.

    • 24 May 2017
  • The winners: GlobalCapital High Yield Bond Awards 2017

    GlobalCapital is delighted to announce the winners of its High Yield Bond Awards for 2017. The results were revealed at a gala dinner at London's Globe Theatre on May 23. Thank you to everyone who supported the event by attending and voting in the polls that decided who were the best and brightest in bonds over the last 12 months.

    • 24 May 2017
  • Triple-Bs dominate in tight corporate bond market

    Corporate borrowers hit the bond market early this week before Thursday’s Ascension Day holiday on the continent, and bankers expect issuance to drop off sharply in the coming days.

    • 24 May 2017
  • The winners: GlobalCapital Bond Awards 2017

    GlobalCapital is delighted to announce the winners of its Bond Awards for 2017. The results were revealed at a gala dinner at London's Globe Theatre on May 23. Thank you to everyone who supported the event by attending and voting in the polls that decided who were the best and brightest in bonds over the last 12 months.

    • 24 May 2017

High yield corporate bond news archive

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 May 2017
1 JPMorgan 59,729.64 269 3.64%
2 Citi 48,146.84 242 2.94%
3 Bank of America Merrill Lynch 45,937.03 233 2.80%
4 Deutsche Bank 41,805.81 175 2.55%
5 Morgan Stanley 38,350.79 202 2.34%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 BNP Paribas 13,945.15 61 9.46%
2 Deutsche Bank 12,744.72 45 8.65%
3 Barclays 11,444.28 42 7.77%
4 Citi 8,502.33 42 5.77%
5 SG Corporate & Investment Banking 8,311.04 47 5.64%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 23 May 2017
1 Deutsche Bank 3,271.23 30 8.16%
2 JPMorgan 3,230.36 27 8.06%
3 Citi 2,868.23 17 7.16%
4 Barclays 2,733.11 21 6.82%
5 Goldman Sachs 2,620.59 22 6.54%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 May 2017
1 JPMorgan 15,642.64 116 12.03%
2 Bank of America Merrill Lynch 11,985.87 100 9.21%
3 Citi 11,558.90 86 8.89%
4 Goldman Sachs 10,013.87 71 7.70%
5 Barclays 7,309.82 50 5.62%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 BNP Paribas 13,998.75 62 7.56%
2 Deutsche Bank 13,791.03 42 7.45%
3 Citi 11,544.92 48 6.24%
4 Barclays 10,865.91 47 5.87%
5 JPMorgan 9,678.50 37 5.23%