• 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
  • NCB boosts capital with $1.2bn AT1

    Nanyang Commercial Bank added $1.2bn to its coffers on Thursday with an additional tier one bond, managing to price its deal close to fair value.

    • 26 May 2017
  • JBIC joins $5bn club in hot dollar mart

    A strong public sector dollar market welcomed one issuer's first $5bn sized deal this week. It was not even the only borrower to sell in size but with SSAs well-funded, there are few expectations of more large trades.

    • 25 May 2017
  • JBIC USD1.5bn 2.125% Jun 20, USD500m FRN Jun 20, USD1.5bn 2.5% Jun 22, USD1.5bn 2.875% Jun 27

    • 25 May 2017
  • Reliance Infra gets Sebi nod to float InvIT

    Reliance Infrastructure has received the final go ahead from India’s market regulator to list its infrastructure investment fund, putting it on track to be the country’s third InvIT IPO.

    • 25 May 2017
  • WuXi Biologics starts strong on $510m HK IPO

    WuXi Biologics’ HK$3.9bn ($510.4m) IPO is off to a resounding start, with books multiple times covered within hours of opening on Thursday, according to bankers close to the deal.

    • 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
  • KoGas ignites market with dollar mandate

    Korea Gas Corporation is getting ready to gauge investor interest for a new dollar bond, and will kick off a roadshow in Europe in June.

    • 24 May 2017
  • Nanyang Bank continues AT1 onslaught

    Nanyang Commercial Bank is seeking a dollar-denominated Basel III compliant additional tier one deal.

    • 22 May 2017
  • Nan Hai braves market for SBLC backed $500m

    Nan Hai Corp grabbed $500m on Thursday with the sale of a three non call 1.5 year bond, pushed to an investment grade rating thanks to a standby letter of credit from China Citic Bank Corp’s Shenzhen branch. Meanwhile, Sinochem Hong Kong (Group) Company sealed $300m from a club-like transaction.

    • 19 May 2017
  • Asia people news in brief, May 18, 2017

    ANZ appoints head of south, SEA DCM — CS makes senior hires — ING Asia banker retires — Former equity-linked banker heads to SHK — BAML Apac M&A team sees changes — Guan tipped for top M&A role at Deutsche — Haitong International names executive director

    • 18 May 2017
  • India awash in jumbo QIPs as stocks notch record highs

    Companies in India are once again turning to qualified institutional placements (QIPs) to meet their fundraising needs, as issuers take advantage of a liquidity driven rally.

    • 18 May 2017
  • Feihe, Foxconn and Nissin file to float in HK

    China Feihe filed a listing application in Hong Kong on Wednesday, four years after it was taken private from the New York Stock Exchange.

    • 18 May 2017
  • Foxconn unit plots IPO comeback in HK

    FIT Hon Teng has refiled for an IPO in Hong Kong after shelving the deal last year due to poor investor demand, returning with the same three sponsors.

    • 17 May 2017
  • Melco, Hong Yang, Soechi to roadshow for $ bonds

    Melco Resorts Finance is set to go on a global roadshow for an eight year bond to redeem its outstanding 2021s, as China’s Hong Yang Group Company and Indonesia’s Soechi Lines also prepare investors for new deals.

    • 16 May 2017
  • WuXi BioLogics sets stage for $500m HK float

    WuXi BioLogics will kick off pre-deal investor education for its Hong Kong IPO on Wednesday as it looks to raise $400m-$500m.

    • 16 May 2017
  • GS Caltex plots dollar return after three year haitus

    South Korean oil company GS Caltex Corp has mandated banks for a dollar deal, with a global roadshow starting next week.

    • 15 May 2017
  • Kotak snaps up $902m from 2nd largest India QIP

    Kotak Mahindra Bank closed a bumper equity raise on Friday that fetched Rp58bn ($902m), in what bankers hailed as another flagship Indian qualified institutional placement.

    • 12 May 2017
  • Changes at the top for BAML Apac M&A team

    Bank of America Merrill Lynch’s head of Asia Pacific M&A Stephen Gore is leaving the firm, according to sources.

    • 12 May 2017
  • CK Hutch’s 4x subscribed hybrid takes centre stage

    CK Hutchison sold a hybrid bond featuring a dual-step structure this week, designed to qualify for partial equity treatment from ratings agencies. While demand was strong for the $1bn deal, priced off the back of a $4.25bn book, some handholding was needed to make investors comfortable. Addison Gong reports.

    • 11 May 2017
  • WuXi Bio seeks green light for $300m Hong Kong listing

    WuXi BioLogics, which is planning a $200m-$300m IPO in Hong Kong, is set to begin investor education next week if the stock exchange grants it approval at a listing hearing on May 15, said a banker close to the deal.

    • 11 May 2017
  • It’s raining blocks: HK deals vie for attention

    If ever there was competition in the overnight block market in Hong Kong, then Wednesday was it: four deals were priced to raise a combined $630m.

    • 11 May 2017
  • HSBC levfin banker jumps ship to BAML

    A Hong Kong-based banker in the Asia Pacific leveraged finance team of HSBC has resigned, and is understood to be heading to Bank of America Merrill Lynch, according to sources.

    • 11 May 2017
  • Back with a bang: CK Hutchison seals $1bn hybrid

    CK Hutchison priced a $1bn hybrid bond at 4% on Tuesday, with the deal featuring a dual step-up to qualify for partial equity treatment from ratings agencies. And while investor appetite was strong, some handholding was needed behind the scenes.

    • 10 May 2017
  • CK Hutchison rolls out inaugural hybrid post restructuring

    CK Hutchison Holdings is making a rapid return to the dollar market, collecting bids for a subordinated perpetual bond on Tuesday, its first hybrid outing after a 2015 restructuring.

    • 09 May 2017
  • Bright Scholar launches IPO as Wuxi seeks hearing

    Books for Bright Scholar Education Holdings’ $150m IPO in the US were covered as of Monday, according to bankers arranging the deal.

    • 08 May 2017
  • Belle laces up for HK$28bn take private loan

    A HK$28bn ($3.6bn) financing to support the take private of Hong Kong-listed footwear company Belle International Holdings is open for participation at the sub-underwriter level.

    • 05 May 2017
  • IRB off to slow start on first India InvIT IPO

    Bookbuilding for IRB InvIT Fund’s Rp46.5bn ($727.4m) IPO is having a slow start despite the hype surrounding India’s first infrastructure investment trust.

    • 04 May 2017

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 May 2017
1 Deutsche Bank 19,381.65 47 8.82%
2 Bank of America Merrill Lynch 18,968.25 36 8.63%
3 HSBC 18,103.95 50 8.24%
4 BNP Paribas 8,911.57 55 4.05%
5 SG Corporate & Investment Banking 8,885.00 54 4.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 JPMorgan 8,714.26 35 8.36%
2 UBS 8,283.47 33 7.95%
3 Goldman Sachs 7,736.57 37 7.42%
4 Citi 6,897.11 46 6.62%
5 Bank of America Merrill Lynch 6,215.31 24 5.96%