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Second time’s the charm: Concord, SSMS find success

China’s Concord New Energy Group and Indonesia’s Sawit Sumbermas Sarana (SSMS) sold their first dollar bonds on Tuesday, successfully completing transactions that were stymied just two months ago.

  • By Morgan Davis
  • 17 Jan 2018

Both the companies first hit the market in mid-November, but their plans were foiled as Asian bonds suffered a drop in trading. “Those deals coincided with one of the only real credit wobbles we saw last year,” said a syndicate director on the SSMS trade.

The ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 China Merchants Securities Co 14.44
2 Industrial and Commercial Bank of China (ICBC) 11.65
3 Bank of China (BOC) 10.33
4 CITIC Securities 8.41
5 Agricultural Bank of China (ABC) 7.17

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 CITIC Securities 1,849.35 10 10.27%
2 Goldman Sachs 1,543.90 5 8.57%
3 China International Capital Corp Ltd 1,340.29 6 7.44%
4 UBS 1,236.02 9 6.86%
5 Morgan Stanley 1,114.69 9 6.19%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 6,372.71 56 10.06%
2 Citi 4,631.94 32 7.31%
3 JPMorgan 4,198.06 25 6.63%
4 Deutsche Bank 2,675.58 22 4.22%
5 Goldman Sachs 2,631.39 16 4.15%

Asian polls & awards

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