Bank of Chongqing ends year with dollar AT1 success

Chinese banks have enjoyed a stellar year for dollar additional tier one capital issuance, with Bank of Chongqing becoming the latest to join the party, achieving its target size and price on Wednesday.

  • By Addison Gong
  • 14 Dec 2017

Books for the perpetual non call five year were opened at the 5.75% area on Wednesday morning, by global co-ordinators BOC International, China Merchants Securities (HK), China Silk Road International, Morgan Stanley and Southwest Securities International.

The Reg S deal was supported by anchor orders that came ...

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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 2,041.17 5 15.43%
2 Huatai Securities Co Ltd 1,006.47 5 7.61%
3 Morgan Stanley 816.96 5 6.18%
4 Citi 773.86 5 5.85%
5 China Merchants Securities Co Ltd 684.68 6 5.18%

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 4.09%
2 Citi 2,657.81 16 3.34%
3 JPMorgan 2,627.80 6 3.30%
4 HSBC 2,497.09 21 3.14%
5 Morgan Stanley 2,299.31 10 2.89%

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