CDBL hits screens ahead of National Congress

China Development Bank Financial Leasing Co began marketing a dual-tranche dollar bond on Tuesday morning local time, as a number of issuers attempt to get ahead of China’s 19th National Congress of the Communist Party meeting taking place on Wednesday.

  • By Morgan Davis
  • 17 Oct 2017
Joint global co-ordinators Goldman Sachs (Asia), HSBC and Standard Chartered conducted a roadshow last week, hoping to launch the deal as early as Monday, a banker said previously. With the strong roadshow response, the leads opened books for a 5.5 year tranche at 140bp over US Treasuries ...

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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 Goldman Sachs 2,028.67 5 17.77%
2 Citi 773.86 5 6.78%
3 China International Capital Corp Ltd 547.16 2 4.79%
4 Huatai Securities Co Ltd 523.08 4 4.58%
5 UBS 502.73 3 4.40%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 3,253.25 9 9.90%
2 JPMorgan 2,546.55 5 7.75%
3 Citi 2,243.22 14 6.83%
4 HSBC 2,073.03 17 6.31%
5 Morgan Stanley 1,884.73 8 5.74%

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