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 96,950.75 438 5.87%
2 Bank of America Merrill Lynch 96,339.88 420 5.84%
3 Citi 80,636.38 424 4.89%
4 Barclays 70,395.85 272 4.26%
5 Goldman Sachs 66,323.53 257 4.02%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 21,423.94 96 8.87%
2 Deutsche Bank 18,365.60 68 7.60%
3 SG Corporate & Investment Banking 16,706.78 76 6.92%
4 UniCredit 14,079.93 63 5.83%
5 Credit Agricole CIB 11,841.20 56 4.90%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 4,034.08 48 7.08%
2 Deutsche Bank 3,636.44 36 6.39%
3 Goldman Sachs 3,623.05 30 6.36%
4 JPMorgan 3,537.06 38 6.21%
5 Credit Suisse 3,303.94 34 5.80%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,194.51 135 9.92%
2 Credit Suisse 12,843.21 88 7.41%
3 Goldman Sachs 12,130.01 89 7.00%
4 Citi 12,023.66 101 6.94%
5 Bank of America Merrill Lynch 11,966.50 108 6.91%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 22,617.39 93 5.95%
2 BNP Paribas 22,551.58 94 5.93%
3 Barclays 22,073.53 73 5.80%
4 Deutsche Bank 21,008.00 83 5.52%
5 Citi 20,528.49 81 5.40%