Road King steers investors to fixed for life comeback

Road King Infrastructure is taking bids for its dollar return on Monday, as it looks to sell its second fixed for life deal in 2017.

  • By Morgan Davis
  • 19 Jun 2017

HSBC and JP Morgan, leading the trade as joint global co-ordinators, opened books for the Reg S bond at the 7.375% area.

The perpetual non call five notes will have a fixed rate, without any resets. They contain a 101% redemption option for the issuer in ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.62
2 CITIC Securities 21.06
3 China CITIC Bank Corp 9.72
4 China Merchants Bank Co 9.18
5 Industrial and Commercial Bank of China (ICBC) 7.56

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 16,270.37 85 6.29%
2 UBS 14,128.60 88 5.46%
3 Goldman Sachs 11,744.37 58 4.54%
4 China International Capital Corp Ltd 11,499.94 56 4.44%
5 Morgan Stanley 10,900.56 58 4.21%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 65,522.96 435 8.65%
2 Citi 60,304.20 341 7.96%
3 JPMorgan 48,158.06 268 6.36%
4 Bank of America Merrill Lynch 44,812.40 223 5.92%
5 Standard Chartered Bank 32,612.99 230 4.31%

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