Zhong An delays synthetic renminbi deal

Zhong An Real Estate postponed its synthetic renminbi deal this week, due to fears over recent supply and government measures to cool China’s property market. The company will talk to key investors after Chinese New Year and then decide whether to make a second attempt.

  • 02 Feb 2011

Bookrunners Barclays Capital and UBS approached investors with a three year bond on January 27, pitching price guidance of the 12.5% area. They were aiming to price the deal this week, and continued to pitch investors at the 12.5% area on January 28.

But the lead managers told ...

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 109,590.02 545 5.98%
2 Citi 99,476.56 508 5.43%
3 Bank of America Merrill Lynch 95,931.24 488 5.23%
4 Barclays 84,564.14 361 4.61%
5 Goldman Sachs 72,463.15 353 3.95%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 25,216.98 68 8.07%
2 BNP Paribas 22,728.81 125 7.28%
3 Deutsche Bank 19,476.33 91 6.24%
4 SG Corporate & Investment Banking 18,780.78 83 6.01%
5 Bank of America Merrill Lynch 18,365.62 60 5.88%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 5,481.64 30 9.39%
2 Deutsche Bank 4,163.77 26 7.14%
3 JPMorgan 4,112.40 33 7.05%
4 Barclays 3,860.86 25 6.62%
5 Goldman Sachs 3,789.69 29 6.49%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 21,330.12 176 9.55%
2 Citi 20,413.19 159 9.14%
3 Goldman Sachs 16,673.77 129 7.47%
4 Bank of America Merrill Lynch 15,858.61 138 7.10%
5 Morgan Stanley 14,415.14 99 6.46%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 21,308.48 122 5.93%
2 Barclays 19,922.32 79 5.54%
3 JPMorgan 18,851.59 86 5.24%
4 SG Corporate & Investment Banking 18,623.31 86 5.18%
5 Citi 18,190.86 90 5.06%