YX Asset tests interest for $200m US IPO

YX Asset Recovery, a Chinese consumer debt restructuring specialist, has started gauging investor appetite for an IPO of around $200m on the The New York Stock Exchange.

  • By Rashmi Kumar
  • 06 Nov 2019

The company kicked off pre-deal investor education in Asia last Thursday, according to a banker close to the situation. The US pre-marketing can begin only once a price range has been set for the listing, he added. This is expected over the weekend or early next week.

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.86
2 Industrial and Commercial Bank of China (ICBC) 14.39
3 China Merchants Bank Co 14.21
4 China Merchants Securities Co 8.85
5 Agricultural Bank of China (ABC) 5.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 China International Capital Corp Ltd 4.57 22 14.06%
2 China Securities Co Ltd 3.53 7 10.85%
3 Morgan Stanley 3.39 11 10.42%
4 CITIC Securities 2.99 10 9.20%
5 Citi 1.66 11 5.10%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 6.48 35 8.10%
2 HSBC 5.43 43 6.79%
3 BofA Securities 4.13 14 5.16%
4 UBS 3.94 22 4.92%
5 JPMorgan 3.90 24 4.88%

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