• CCB goes big on FRN ahead of market turn

    China Construction Bank sold its first floating rate bond in 20 years on Tuesday, pricing in line with its peers while also printing one of the largest deals since 2014. Its rarity value and a rather quiet primary market worked in its favour.

    • 11:00 AM
  • Books over $5.2bn for Oman

    Oman’s debut sukuk was storming to success by lunchtime on Monday with books for the seven year note hitting $5.2bn.

    • 23 May 2017
  • United Bank for Africa plots debut five year as Zenith raises $500m

    United Bank for Africa (UBA) is the second Nigerian bank in as many days to announce its intention to raise senior funding, and with Zenith Bank proving that demand for the Nigerian financial sector is rife, bankers expect the trade to go well.

    • 23 May 2017
  • Beijing Gas, CCB HK woo buy-side for new deals

    Beijing Gas Group Company and China Construction Bank (Hong Kong) have opened books for a fixed five year bullet and a three year floater, respectively.

    • 23 May 2017
  • Garanti Bank USD750m 6.125% May 27 tier two

    • 18 May 2017
  • Qatar Islamic Bank USD750m May 22 sukuk

    • 18 May 2017
  • Republic of Senegal USD1.1bn 6.25% May 33

    • 18 May 2017
  • ICBC Dubai leads with dollar deal, follows with euros

    Industrial and Commercial Bank of China (ICBC) Dubai sold a dual tranche $700m floating rate deal on Monday, followed by a €500m floater on Wednesday.

    • 18 May 2017
  • Senegal proves African sovereign star with blowout

    Senegal was fully rewarded for embarking on an extensive roadshow with a blowout trade on May 16, which not only repriced its own curve, but helped to reduce the borrowing costs of its peers.

    • 17 May 2017
  • Credit rally helps Turkish tier two come of age

    Garanti Bank on Tuesday raised $750m with the tightest priced Turkish tier two on record which was testament to the level of comfort investors now have with the product, according to bankers leading the transaction who conceded that the global credit rally had also helped.

    • 17 May 2017
  • BOC Aviation, ICBC Dubai take bids from investors

    BOC Aviation is out with a five year bond while Industrial and Commercial Bank of China Dubai branch is making a swift return to the market with a euro offering following a dollar outing on Monday. More deals are also in the pipeline.

    • 17 May 2017
  • Investors expecting a 'bun fight' as books hit $4bn for Senegal

    Books had reached $4bn on Tuesday before the US market opened for Senegal’s latest dollar outing, an amortising note maturing in 2033. Bankers and investors away from the mandate said they did not envy those dealing with the allocation process.

    • 16 May 2017
  • Garanti crushes yield as Erdogan and Trump go head to head

    Orders of over $2.2bn had enabled Turkey’s Garanti bank to crush the yield on its debut tier two as it looks on course to print with the lowest ever coupon for a new style Turkish tier two bond.

    • 16 May 2017
  • Quality or quantity ask QIB and Al Baraka in sukuk

    Gulf banks brought much needed variety to the sukuk market this week with single-A rated Qatar Islamic and double-B rated Albaraka Banking Group offering debt at both ends of the rating and capital spectra.

    • 16 May 2017
  • SAIC-GMAC makes rapid return with Rmb4bn auto ABS

    Less than two months since its last ABS outing, SAIC-GMAC Automotive Finance has already set its sights on its second China auto ABS of the year. The four-portion Rmb4bn ($580m) Rongteng 2017-2 Retail Auto Mortgage Loan Securitization is set to open next Monday.

    • 16 May 2017
  • ICBC Dubai sells dollar deal, turns attention to euros

    Industrial and Commercial Bank of China Dubai sold a dual tranche $700m deal on Monday, and is looking to quickly follow it up with a planned euro-denominated bond.

    • 16 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
  • VW prints Rmb4.5bn Driver China six auto ABS

    Volkswagen (VW) priced the senior class A and class B portions of its Rmb4.5bn ($652.66m) Driver China Six Trust on May 12. The originator opted for a pure static asset pool for its first 2017 ABS outing, having gone down the revolving route in its last transaction.

    • 16 May 2017
  • Grand Baoxin Auto signs three year loan at $763.4m

    Grand Baoxin Auto Group has sealed its latest fundraising from the syndicated loan market at $763.4m, higher than the $590m-equivalent launch size.

    • 15 May 2017
  • How low can Garanti go, ask EM bankers

    Turkey’s Garanti Bank is expected to capitalise on the strong rally in emerging market credit to print its debut Basel III-compliant tier two capital bond this week, and bankers are wondering how much of the recent market tightening will be seen in the price.

    • 15 May 2017
  • ICBC Dubai markets two-tranche FRN, ESR holds NDR

    Industrial and Commercial Bank of China’s Dubai branch is out on Monday with a dual-tranche floating rate transaction, while logistics group ESR is meeting fixed income accounts in Hong Kong and Singapore this week.

    • 15 May 2017
  • İş Bank to round up Turkish refi season on Monday

    Turkey’s largest private sector bank, Türkiye İş Bankası, is due to sign a syndicated loan on Monday, which rounds up the last of Turkey’s larger financial institutions’ refinancings this spring, according to a banker on the deal.

    • 12 May 2017
  • NHAI whips up Rp30bn from debut Masala

    National Highways Authority of India grabbed a Rp30bn ($465.88m) five year Masala bond on Thursday, despite the offshore rupee market not getting the enthusiasm that issuers want.

    • 12 May 2017
  • StanChart bolsters credit units with hires

    Standard Chartered is strengthening its credit teams in Singapore, Hong Kong, London and New York, the bank said this week.

    • 11 May 2017
  • NHAI serves up new Masala bond to investors

    National Highways Authority of India served up its debut Masala deal on Thursday morning, offering investors a second offshore rupee option in under a month.

    • 11 May 2017
  • Details emerge on tranches for Vedanta $651m syndication

    A $651m facility for Vedanta Group will be split into two tranches, one for overseas lenders and the other helmed by Indian banks, according to a banker close to the deal.

    • 10 May 2017
  • BoCom returns with $1bn dual-tranche floater

    Bank of Communications Hong Kong sealed a $1bn deal across two floating rate tranches on Monday, continuing issuers’ trend of favouring the structure.

    • 09 May 2017
  • StanChart boosts credit units with new appointments

    Standard Chartered is giving a shot in the arm to its credit business, with new hires in Singapore, Hong Kong, London and New York, according to a Tuesday press release.

    • 09 May 2017
  • Banks meet over MAXpower $222m loan problems

    A default event has been declared on a $222m loan for Indonesian gas-to-power specialist MAXpower Group. The company first flagged up its financial problems over a year ago and had been speaking with lenders to rejig terms on the five year syndication sealed in 2015.

    • 09 May 2017
  • Asian FIGs jump on French election momentum

    The Asian G3 debt market opened on Monday with two deals from financial names and a mandate, in addition to two launches from corporates, following the positive sentiment overnight from the French presidential election.

    • 08 May 2017
  • Standard Chartered loans team loses one

    A member of the loan syndications team at Standard Chartered in Hong Kong has left the bank for personal reasons.

    • 05 May 2017
  • BOC Singapore joins Belt and Road force

    Bank of China’s Singapore branch raised $600m from a three year floating rate bond on Thursday, marking the lender’s second issuance this year supporting the Chinese government’s Belt and Road initiative.

    • 05 May 2017
  • Sri Lanka wakes up investors with $1.5bn deal

    The Democratic Socialist Republic of Sri Lanka wowed investors with its new 10 year outing, securing a massive $11bn order book for a $1.5bn deal.

    • 05 May 2017
  • Fibabanka demonstrates depth of demand for Turkish T2

    An inaugural deal from second tier Turkish lender Fibabanka on Wednesday offered further proof that concerns over the country’s political direction have failed to dampen investor confidence in its banks.

    • 04 May 2017
  • VW kicks off 2017 with Rmb4.5bn Driver China transaction

    Volkswagen Finance (China) is returning to the ABS market with its Rmb4.5bn ($652.66m) Driver China six, having sold three auto ABS in the Mainland last year.

    • 04 May 2017
  • Sri Lanka serves up new dollar notes

    The Democratic Socialist Republic of Sri Lanka opened books for a new dollar offering on Thursday, braving a quiet week in Asia's debt capital markets.

    • 04 May 2017
  • Fibabanka starts pricing at 8% for debut tier two

    Fibabanka emerged with pricing on Wednesday for the first Turkish tier two bond since last month’s constitutional reform referendum.

    • 03 May 2017
  • Saudi Electricity, Oman Transmission line up as ACWA opens books

    New deals from the Middle East are beginning to flow. Saudi Arabia's International Company for Water and Power Projects (ACWA Power) opened books on a conventional amortising note on Tuesday, as Saudi Electricity Co (Seco) and Oman Electricity Transmission line up sukuk trades.

    • 02 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
  • Today
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%