Shangri-La prices 'punchy' $500m convertible

Hotel chain Shangri-La priced a $500m convertible bond late last week, after drawing several big orders from long-only funds. But some bankers argued that the pricing was too aggressive, and the deal quickly traded down in the secondary market.

  • 11 Apr 2011
The bookrunners found several anchor investors to drive the pricing, but a number of regular convertible bond investors stayed away from the deal because they thought the terms were too aggressive, said rival salesmen. The issue was trading at around the 99 area on Friday, after pricing at ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,051.11 65 10.05%
2 Citi 8,894.79 39 9.87%
3 JPMorgan 7,681.40 33 8.53%
4 BNP Paribas 4,967.44 16 5.51%
5 Goldman Sachs 4,288.42 20 4.76%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 1,663.44 4 15.44%
2 Morgan Stanley 1,595.10 4 14.81%
3 JPMorgan 1,278.49 5 11.87%
4 Scotiabank 1,050.85 4 9.76%
5 Citi 1,002.40 5 9.31%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 5,004.96 11 16.56%
2 JPMorgan 4,300.70 9 14.23%
3 BNP Paribas 3,386.07 6 11.21%
4 HSBC 3,232.33 11 10.70%
5 Goldman Sachs 2,205.44 3 7.30%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 85.65 1 100.00%
Subtotal 85.65 1 100.00%
Total 85.65 1 100.00%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 560.75 5 15.61%
2 Citi 451.68 4 12.58%
3 State Bank of India 401.68 3 11.18%
4 Barclays 380.94 4 10.61%
5 MUFG 330.94 3 9.21%