Vietnam bags $244m from BSR refinery sell down

State-owned Vietnam National Oil and Gas Group (PetroVietnam) has raised D5.6tr ($244.3m) from the IPO of subsidiary Binh Son Refining and Petrochemical Company — nearly $100m more than anticipated.

  • By Jonathan Breen
  • 18 Jan 2018

The sale was conducted on Wednesday as an auction. Up to 241.6m shares were available, representing 7.79% of the issuer's equity capital, at a floor price of D14,600 apiece.

A flood of demand from investors meant bids came in far above the initial offer price, ranging from ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Industrial and Commercial Bank of China (ICBC) 35.00
2 China CITIC Bank Corp 30.00
3 China Merchants Securities Co 17.00
4 HSBC 5.00
4 Standard Chartered Bank 5.00

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,036.26 10 12.18%
2 Huatai Securities Co Ltd 3,404.45 12 8.24%
3 CITIC Securities 2,314.61 9 5.60%
4 Citi 2,301.31 15 5.57%
5 China Securities Co Ltd 2,132.04 8 5.16%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,946.69 35 6.97%
2 Goldman Sachs 3,534.62 11 6.25%
3 Citi 3,319.98 22 5.87%
4 JPMorgan 3,233.64 13 5.71%
5 Credit Suisse 2,738.65 15 4.84%

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