• Investors give thumbs-up to Mercedes-Benz ABS

    Chinese investors gave a warm welcome to Mercedes-Benz Auto Finance’s second outing this year in China’s securitization market, helping the originator raise Rmb4.98bn ($760m) from the senior tranche of the deal.

    • 11:15 AM
  • Mercuria preps annual visit to loan market

    Swiss energy and commodities trader Mercuria is looking to raise $850m from a triple-tranche facility that was launched earlier this week.

    • 19 Sep 2017
  • Puma's $425m pushes loan tenor to five years

    Puma Energy, the midstream and downstream oil company, has signed a five year loan that was oversubscribed by its relationship banks.

    • 18 Sep 2017
  • Online insurer ZhongAn launches HK$12bn IPO

    ZhongAn Online P&C Insurance Co has opened books for its much-anticipated Hong Kong IPO, which could raise up to HK$11.9bn ($1.5bn).

    • 18 Sep 2017
  • Sun Hung Kai gets Panda programme greenlight

    Hong Kong-based Sun Hung Kai Properties has received Chinese regulators’ blessing to issue Rmb10bn ($152.9m) worth of Panda bonds within the next two years, according to the National Association of Financial Market Institutional Investors (Nafmii).

    • 18 Sep 2017
  • Get real on climate risk, investors tell banks

    A hundred investors managing $1.8tr of assets have signed a letter calling on banks to say more about how they are managing the risk of climate change, and to publish a strategy saying how they support the goals of the Paris Agreement.

    • 14 Sep 2017
  • BOCHK sells interbank market’s largest Panda bond

    Bank of China Hong Kong has sold its second Panda bond, raising a staggering Rmb9bn ($1.37bn) from a one year note. The transaction was the largest Panda sold in the interbank bond market, and caught the attention of foreign investors, which made 50% of all bids.

    • 14 Sep 2017
  • GLP’s $4.1bn LBO facility opens for retail participation

    A chunky $4.108bn leveraged buyout financing, for the acquisition of Global Logistic Properties by a consortium of Chinese investors, has entered into general syndication.

    • 14 Sep 2017
  • Postal Savings Bank hits the road for new AT1

    Postal Savings Bank of China Co has mandated 21 banks to work on a dollar AT1 transaction worth up to Rmb50bn ($7.4bn), expected to hit the market as early as next week.

    • 14 Sep 2017
  • Chinese banks woo foreign participants for OBOR projects

    Syndicated loan activity in Asia ex-Japan may have slumped this year, but the slowdown is not all bad. The numbers show a return to normalcy in the region following an unusually stellar year of business in 2016, according to speakers at a loan market conference last week.

    • 12 Sep 2017
  • Mercedes-Benz races towards new China ABS deal

    Mercedes-Benz Auto Finance is gearing up for its second deal in China’s securitization market this year as it beefs up its operations in the Mainland.

    • 12 Sep 2017
  • Sinopec returns with another giant bond

    China Petrochemical Corp (Sinopec) sealed its second benchmark transaction of the year, a four tranche $3.25bn deal, just five months after the state-owned company took home $3.4bn from a similar transaction.

    • 07 Sep 2017
  • China Minsheng rakes in $800m from anchored deal

    China Minsheng Banking Corp raised $800m from a dual-tranche floating rate deal on Tuesday, with some bankers describing it as a club-style bond because of the 18-strong syndicate group behind it.

    • 06 Sep 2017
  • Joy City builds Panda credentials with Rmb1bn debut

    Red chip property developer Joy City has hit the Panda bond market for the first time, raising Rmb1bn ($153.1m) from a three year bond on September 5. Although the deal was small in size, it caught the attention of some Bond Connect investors thanks to the issuer’s reputation.

    • 06 Sep 2017
  • Sinopec hits market with year’s second outing

    China Petrochemical Corp (Sinopec) is making a rapid comeback to the dollar bond market. It announced a triple-tranche transaction on Wednesday, just five months after nabbing an impressive $3.4bn from investors.

    • 06 Sep 2017
  • Daimler ignites with new Panda

    Daimler’s China expansion keeps the issuer coming back for more onshore funding, with the automaker pricing a Panda private placement less than four months after its previous outing.

    • 06 Sep 2017
  • China Minsheng offers investors dual-tranche floaters

    China Minsheng Banking Corp has jumped into the debt market, opening a dual-tranche floating rate offering for dollar investors through its Hong Kong branch on Tuesday.

    • 05 Sep 2017
  • ICBCI plans new $500m offshore loan

    ICBC International (ICBCI) has approached banks for a $500m syndicated loan facility with Agricultural Bank of China at the helm.

    • 01 Sep 2017

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 30.14
2 CITIC Securities 23.05
3 China CITIC Bank Corp 10.64
4 Industrial and Commercial Bank of China (ICBC) 8.27
4 Everbright Securities 8.27

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 9,696.66 60 5.86%
2 Goldman Sachs 8,701.82 39 5.26%
3 China International Capital Corp Ltd 8,023.48 41 4.85%
4 Citi 6,940.43 47 4.19%
5 UBS 6,666.10 50 4.03%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 26,455.60 175 8.53%
2 Citi 22,796.95 143 7.35%
3 JPMorgan 19,542.06 110 6.30%
4 Bank of America Merrill Lynch 15,321.53 83 4.94%
5 Standard Chartered Bank 13,604.47 103 4.38%

Asian polls & awards

  • GlobalCapital Sustainable and Responsible Capital Markets Awards 2017: the Winners

    France, Tennet, NWB and Berlin Hyp are among the green and social bond issuers acclaimed in GlobalCapital's Sustainable and Responsible Capital Markets Awards 2017, which were announced on Tuesday in Amsterdam.

  • Sustainable and Responsible Capital Markets Awards: the Nominations

    GlobalCapital is happy to announce the nominations for its Sustainable and Responsible Capital Markets Awards 2017.

  • RMB internationalisation: 10 questions for the market, part 2

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the final five questions.

  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

  • Made in China: The best banks and deals of 2016

    You know who won, now find out why. GlobalCapital Asia and Asiamoney present the extended results of our 2016 China Deals and Investment Bank of the Year awards, recognising achievement both on and offshore.