Agile Property quick off the mark with first Chinese property bond after CNY

Agile Property Holdings has returned to the dollar bond market with a five year non call three deal, breaking the two week gap in property bond issuance that followed a broad market sell-off in the week leading up to Chinese New Year.

  • By Virginia Furness
  • 10 Feb 2014

The Asian high yield market has recovered some ground in the past few trading sessions, according to a banker away from the deal. 

Yuzhou Properties Company’s 8.625% five year due 2019 bond, whose six point loss made it the biggest faller among Asian property companies in the week of ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 16.70
2 Industrial and Commercial Bank of China (ICBC) 14.38
3 CITIC Securities 10.44
4 Agricultural Bank of China (ABC) 9.08
5 China CITIC Bank Corp 8.17

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 16,522.26 78 7.60%
2 Morgan Stanley 14,119.84 65 6.50%
3 Citi 14,051.62 90 6.47%
4 UBS 12,377.19 76 5.70%
5 China International Capital Corp Ltd 10,849.77 43 4.99%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 22,219.41 191 7.37%
2 Citi 22,154.32 146 7.35%
3 JPMorgan 14,738.77 90 4.89%
4 Bank of America Merrill Lynch 12,958.17 82 4.30%
5 Goldman Sachs 11,768.61 57 3.90%

Asian polls & awards

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    In the final article on our GlobalRMB awards, we talk about the key innovation of the year and highlight the individual that has made the greatest contribution to the development of China’s cross-border capital markets.

  • GlobalRMB awards: Best bank for securities services

    Securities services was one of the most competitive award categories GlobalRMB had to decide this year. Our awards criteria demanded the near-impossible from participating banks: to beat the competition in the fast-changing China access scheme, while at the same time demonstrating a broad client base and the ability to be at the cutting edge of innovation.

  • GlobalRMB awards: Best for ABS, CNH, G3 and Panda bonds

    In GlobalRMB's Best Bank Awards for China DCM, Standard Chartered wins for ABS and CNH, HSBC takes home the G3 Bond House Award, and Bank of China gets kudos as the Best House for Panda bond issuers.

  • Now open! GlobalCapital Asia Capital Market Awards 2018

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, rewarding the most impressive transactions and investment banks of 2018.