• KCC eyes W800bn EB via Samsung C&T

    South Korea’s KCC Corp is planning an up to W800bn ($706m) bond exchangeable into shares of Samsung C&T Corp, according to sources close to the matter.

    • 26 Oct 2016
  • Intu’s £375m CB shows UK property appeals to some, but trades down

    Intu Properties, the UK shopping centres group formerly known as Capital Shopping Centres, issued its first convertible bond since 2012 on Tuesday morning, and successfully raised £375m but the bond has traded down in the aftermarket.

    • 25 Oct 2016
  • Fugro uses subordinated CB to repay US PP

    Fugro, the Dutch geosciences company, turned to the convertible market on Wednesday to meet a specific corporate finance need, much as Rallye did in a different situation on the same day.

    • 19 Oct 2016
  • Rallye issues first equity-neutral exchangeable after Casino slump

    Rallye, the French listed holding company that controls supermarket group Casino, on Wednesday became the first issuer to use an equity-neutral structure on an exchangeable bond, rather than a convertible.

    • 19 Oct 2016
  • Neo Solar shines with $120m SBLC-backed CB

    Taiwanese solar cell manufacturer Neo Solar Power has raised $120m from a zero coupon convertible bond backed by a standby letter of credit (SBLC). The deal was driven by a hefty fall in NSP’s stock price, pushing the issuer to redeem its outstanding notes early.

    • 19 Oct 2016
  • Haitong woos investors to zero coupon HK$4bn CB

    Haitong International Securities Group has printed its first convertible bond in two years. It is the first zero coupon CB from an international arm of a Chinese securities house, said bankers close to the deal.

    • 12 Oct 2016
  • Busy CB market welcomes Ship Finance, Recipharm deals

    The revival of convertible bond issuance by the traditional issuer base of smaller, riskier companies continued at the end of last week with contrasting deals by Ship Finance International and Recipharm.

    • 06 Oct 2016
  • Morgan Stanley reigns supreme in Asia ECM

    For the nine months through September, Morgan Stanley topped the Asia ex-Japan ex-onshore China ECM bookrunning league table with $9.41bn in deals, according to Dealogic. It was also the only bank with double-digit market share.

    • 06 Oct 2016
  • Asia ECM starts strong in Q4 as momentum builds

    After a challenging first half, equity capital markets bankers in Asia can breathe a little easier knowing that momentum from the third quarter will carry on into a busy end to the year. But with macro headwinds such as the US elections looming over markets, issuers will have to remain on their toes, writes John Loh.

    • 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
  • Zhejiang Expressway to bring $400m H-share CB

    Zhejiang Expressway Co is looking to sell equity-linked debt worth up to $400m, testing the market’s appetite for scarce H-share convertible paper as Asian primary issuance remains muted.

    • 03 Oct 2016

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 JPMorgan 317,793.98 1355 8.72%
2 Citi 301,114.13 1092 8.26%
3 Barclays 259,580.63 846 7.12%
4 Bank of America Merrill Lynch 258,842.43 934 7.10%
5 HSBC 224,273.23 905 6.15%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 JPMorgan 32,854.00 58 6.73%
2 BNP Paribas 31,678.29 142 6.49%
3 UniCredit 31,604.22 138 6.47%
4 HSBC 25,798.87 114 5.29%
5 ING 21,769.65 121 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 JPMorgan 14,633.71 80 10.23%
2 Goldman Sachs 11,731.14 63 8.20%
3 Morgan Stanley 9,435.23 48 6.60%
4 Bank of America Merrill Lynch 9,229.95 42 6.45%
5 UBS 8,781.68 42 6.14%