Muted demand constrains Korea Hydro order book

Korea Hydro & Nuclear Power Co priced a five year deal on Wednesday that attracted fewer orders compared to other Korean deals that closed this week.

  • By Frances J. Yoon
  • 27 Sep 2013
Initial pricing was set at 170bp over US Treasuries for a $500m deal, according to a debt syndicate head, who compared it to Korea Gas’s 2018s, which were trading at a Treasury spread of plus 149bp and Korea Hydro’s 2022s that were last quoted at 154bp over. Korea Hydro does not ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 84,363.77 404 5.82%
2 Bank of America Merrill Lynch 84,279.38 380 5.81%
3 Citi 69,277.23 389 4.78%
4 Barclays 63,132.35 242 4.35%
5 Goldman Sachs 59,388.99 229 4.09%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 18,987.74 82 9.19%
2 Deutsche Bank 16,651.33 61 8.06%
3 SG Corporate & Investment Banking 14,054.70 64 6.80%
4 UniCredit 12,047.08 52 5.83%
5 HSBC 11,205.29 61 5.42%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 3,863.89 45 7.25%
2 Goldman Sachs 3,593.75 29 6.74%
3 JPMorgan 3,391.91 36 6.37%
4 Deutsche Bank 3,241.44 30 6.08%
5 Credit Suisse 3,119.95 31 5.86%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,858.26 127 9.88%
2 Citi 11,539.69 98 7.19%
3 Goldman Sachs 11,025.83 85 6.87%
4 Bank of America Merrill Lynch 10,994.65 101 6.85%
5 Barclays 10,908.60 83 6.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 20,417.95 85 6.40%
2 BNP Paribas 19,882.59 80 6.24%
3 Barclays 18,647.73 58 5.85%
4 Deutsche Bank 17,562.97 71 5.51%
5 Citi 17,352.89 69 5.44%