• Kaboom! CR Pharma listing fetches $1.8bn

    China Resources Pharmaceutical Group priced its Hong Kong IPO near the middle of expectations on Friday morning, raising HK$14bn ($1.8bn) after investors stormed into the trade.

    • 21 Oct 2016
  • Loans, news in brief — October 20, 2016

    Valmet — Segro — Ecom — Aluminium Bahrain — Morpho

    • 20 Oct 2016
  • SA’s Dis-Chem preps IPO for rapid pharmacy growth

    Dis-Chem Pharmacies, one of the leading South African pharmacy chains, is preparing an IPO on the Johannesburg Stock Exchange to raise funds to expand its operations and reduce its debt.

    • 20 Oct 2016
  • ICBC NY drops 10yr on pricing expectations mismatch

    Industrial and Commercial Bank of China’s New York branch was forced to scrap a 10 year portion of a dual tranche bond on Monday because of a disagreement with investors over what it should pay. But all was not lost, as the issuer decided to make the most of the demand for the shorter tenor, taking home $1bn in the end, writes Addison Gong.

    • 20 Oct 2016
  • Asia trio reel in crowds with $1bn-plus IPOs

    China Resources Pharmaceutical Group, Samsung BioLogics and ZTO Express all have investors clamouring to join their IPOs, as they look to raise a combined $5.2bn.

    • 20 Oct 2016
  • CR Pharma narrows range on HK$15bn IPO

    China Resources Pharmaceutical Group has tightened the price range on its IPO, putting it on track to raise up to HK$14.8bn ($1.9bn), according to a banker on the deal.

    • 20 Oct 2016
  • Varun, PNB Housing eye $617m from IPOs

    PNB Housing Finance and Varun Beverages are launching their IPOs in India next week to raise a combined Rp41.1bn ($616.9m).

    • 19 Oct 2016
  • Investors after strong dose of CR Pharma IPO

    China Resources Pharmaceutical Group is proving a hit with global investors, as its HK$15.7bn ($2.0bn) Hong Kong IPO is heavily oversubscribed, according to a banker at one of the leads.

    • 18 Oct 2016
  • ICBC NY scraps 10 year tranche on pricing mismatch

    Industrial and Commercial Bank of China’s New York branch decided to scrap a 10 year portion of a dual-trancher on Monday, as mismatch on pricing led to investors shunning the tenor in favour of a five year.

    • 18 Oct 2016
  • Turkey back to print through pre-downgrade levels

    Turkey shrugged of its second downgrade to junk on Friday to print a $1.5bn reopening of its 2026s. And if a sovereign bond was not proof enough that it is capital markets business as usual for the country, state-owned Turkiye Is Bankasi AS (Isbank) was out with a long five year on Monday morning.

    • 17 Oct 2016
  • No reason to wait for Lat Am issuers as BA fetches Friday tap

    The Province of Buenos Aires tapped its existing 2019s and 2027s for a total of $750m on Friday to take advantage of still favourable market conditions as syndicate bankers said there was no good reason for borrowers to delay issuance plans.

    • 17 Oct 2016
  • Cheung Kong Property builds plan for new bond

    Hong Kong's Cheung Kong Property Holdings is looking to take advantage of a recent rating upgrade to ready a bond offering.

    • 17 Oct 2016
  • BDO Unibank, ICBC NY lead the charge in FIG issuance

    BDO Unibank in the Philippines and Industrial and Commercial Bank of China New York branch made their respective returns to the dollar bond market on Monday.

    • 17 Oct 2016
  • Kexim, Mexim seize the day with well received bonds

    Export-Import Bank of Korea (Kexim) executed yet another blockbuster $2.5bn trade on Thursday just a few months after printing a deal of the same size. Korea's first four-tranche trade drew a strong response from the market, allowing the policy bank to price inside its existing curve.

    • 14 Oct 2016
  • Retail lenders get just 1/3 of Tencent $3.5bn Supercell loan

    A $3.5bn dual-tranche borrowing to back Tencent Holdings' acquisition of a stake in mobile gaming company Supercell, has been allocated. Three Chinese mandated lead arrangers and bookrunners held on to 60% of the loan at the end of general syndication.

    • 14 Oct 2016
  • Nafin to follow CFE as Mexican quasis queue

    CFE provided a strong base for fellow Mexican quasi-sovereign Nacional Financiera to issue as soon as next week after selling a long 10 year bond on Tuesday that tightened 10bp-12bp in the two days after pricing.

    • 13 Oct 2016
  • Show of strength for CR Pharma as $2bn IPO launches

    China Resources Pharmaceutical Group’s HK$15.7bn ($2.0bn) Hong Kong IPO got off to a flying start this week, with books covered and support from high profile cornerstone investors giving it momentum.

    • 13 Oct 2016
  • Asian borrowers storm debt market

    A diverse group of issuers forged ahead with their respective fundraisings on Thursday, seeking everything from dollars to Singapore dollars and green debt.

    • 13 Oct 2016
  • Updated: CR Pharma $2bn IPO nets big name cornerstones

    China Resources Pharmaceutical Group has lined up eight cornerstone investors for its HK$15.6bn ($2.0bn) Hong Kong IPO, with the group agreeing to buy $916m worth of shares.

    • 12 Oct 2016
  • CR Pharma sets price range for $2bn HK IPO

    China Resources Pharmaceutical Group will raise as much as HK$15.6bn ($2.0bn) via a Hong Kong IPO after firming up the price range.

    • 11 Oct 2016
  • MTN gets $1bn after lengthy bond ramp up

    MTN Group, the South African telecoms company, priced $1bn of five and 10 year bonds on Wednesday in line with initial guidance that some investors said was generous.

    • 06 Oct 2016
  • Aoyuan Property builds up steam on positive outlook

    China Aoyuan Property has mandated banks to organise fixed income investor meetings to update the market on recent news about its credit.

    • 06 Oct 2016
  • BAML loses head of southeast Asia ECM, equity-linked

    Bank of America Merrill Lynch’s head of southeast Asia equity capital markets has left the firm, amid a wider reshuffle of its Asian investment banking business that resulted in a number of departures.

    • 04 Oct 2016

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 JPMorgan 310,048.18 1328 8.75%
2 Citi 285,934.48 1059 8.07%
3 Barclays 258,057.88 833 7.29%
4 Bank of America Merrill Lynch 248,459.06 911 7.01%
5 HSBC 218,245.86 884 6.16%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2016
1 JPMorgan 29,669.98 55 6.95%
2 UniCredit 28,692.62 136 6.73%
3 BNP Paribas 28,431.90 139 6.66%
4 HSBC 22,935.49 112 5.38%
5 ING 18,645.88 118 4.37%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2016
1 JPMorgan 14,593.71 79 10.38%
2 Goldman Sachs 11,713.19 63 8.33%
3 Morgan Stanley 9,435.23 48 6.71%
4 Bank of America Merrill Lynch 9,019.27 40 6.41%
5 UBS 8,763.73 42 6.23%