Trafigura wraps up third corporate Panda in September

Trafigura, the Singaporean commodity trading company, issued its third Panda bond this year on September 28. As for its previous outings, the third tranche was placed in the interbank market as a three year private placement. Meanwhile, The Wharf Holdings and China Gas Holding also made their return to the market in the same month.

  • By Rebecca Feng
  • 10 Oct 2018

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.44
2 Industrial and Commercial Bank of China (ICBC) 15.03
3 CITIC Securities 11.02
4 Agricultural Bank of China (ABC) 10.02
5 China CITIC Bank Corp 9.02

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 28-Sep-18 Trafigura Singapore 700
2 17-Sep-18 The Wharf (Holdings) Hong Kong 2,000
3 10-Sep-18 China Gas Holdings China 1,500
4 20-Aug-18 ABC International (parent: Agricultural Bank of China) China 3,000
5 16-Aug-18 Daimler Germany 4,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 33.31
2 HSBC 20.53
3 Societe Generale 4.21
4 Bank of Taiwan 3.60
4 Cathay United Bank 3.60

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 19-Sep-18 Agricultural Development Bank of China (ADBC) China 1,200
2 17-Sep-18 Hitachi Capital (UK) United Kingdom 600
3 13-Sep-18 CIFI Holdings China 1,000
4 05-Sep-18 Daimler Germany 1,000
5 03-Sep-18 First Abu Dhabi Bank PJSC United Arab Emirates 650