Latest high grade news

  • CSSC double dips for bond sale

    China State Shipbuilding Corp (CSSC) jumped into the busy market on Wednesday, grabbing more than $835m from a dollar/euro dual-tranche transaction.

    • 20 Sep 2018
  • BOC Aviation goes for ‘punchy’ pricing

    BOC Aviation made its fourth dollar market outing of the year on Wednesday, locking up $500m from a tightly priced floating rate transaction.

    • 20 Sep 2018
  • Tianjin turmoil drags down Tewoo’s bond

    Chinese company Tewoo Group Co took the unexpected decision of pulling its bond outing this week after concerns around indebted firms from Tianjin spooked investors, making them question the credentials of a deal from the city. Morgan Davis reports.

    • 19 Sep 2018
  • Shenzhen, Sichuan SOEs hold their own

    Two state-owned companies from Shenzhen and Sichuan managed to woo investors to their dollar bonds on Tuesday, thanks in part to the strong credentials of their respective provinces.

    • 19 Sep 2018
  • Market fixed on Qinghai redemption amid LGFV downgrades

    Chinese local government financing vehicles are under immense pressure, with the ratings of 11 LGFVs downgraded last week. But the focus for now is on the upcoming redemption of Qinghai Provincial Investment Group’s $300m bond next week — key to investor confidence in the sector.

    • 17 Sep 2018
  • Investors flock to CSG’s dollar bonds

    China Southern Power Grid Co (CSG) made its second foray into the debt market on Tuesday, wooing investors to its $1bn issuance with a juicy price.

    • 12 Sep 2018
  • To be aggressive, or not aggressive? That is the question

    Chinese state-owned enterprises (SOEs) Poly Real Estate Group Co and China Minmetals Corp took different approaches to pricing their dollar bonds on Monday, resulting in diverging secondary market performances.

    • 11 Sep 2018
  • Asian bond hopefuls ready to flood market

    Issuers and debt bankers in Asia have their eyes fixed on the coming week for primary deal flow to gather momentum, following a relatively slow pace of issuance at the start of September.

    • 10 Sep 2018
  • Anhui LGFV returns for $350m bond

    China’s Anhui Transportation Holding Group raised $350m on Thursday, navigating a weak market backdrop successfully and seeing orders of nearly $1.5bn.

    • 07 Sep 2018
  • Asia’s green bond issuers look to the West for support

    Two Chinese borrowers’ different approaches to (and different outcomes from) their green bond sales this week have once again put the spotlight on a question that has long plagued the market: where are Asia’s green bond investors? Morgan Davis investigates.

    • 06 Sep 2018

High grade news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 19.83
2 Industrial and Commercial Bank of China (ICBC) 14.01
3 CITIC Securities 11.86
4 Agricultural Bank of China (ABC) 10.78
5 China CITIC Bank Corp 9.70

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 15,468.65 70 7.93%
2 Morgan Stanley 13,461.05 57 6.90%
3 Citi 13,241.69 81 6.79%
4 China International Capital Corp Ltd 10,197.61 35 5.23%
5 UBS 10,009.11 64 5.13%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 19,907.38 166 7.51%
2 Citi 19,532.86 124 7.37%
3 JPMorgan 12,894.66 75 4.87%
4 Bank of America Merrill Lynch 12,162.96 75 4.59%
5 Goldman Sachs 10,929.25 52 4.12%

Asian polls & awards

  • GlobalRMB's best bank for securities services: Standard Chartered

    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.

  • China DCM Best Bank Awards: 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.

  • SRI Award Winners 2018 revealed

    GlobalCapital announced the winners of its Sustainable and Responsible Capital Markets Awards 2018 in Amsterdam on Tuesday evening. This year’s two sovereign debut green finance issues, from Indonesia and Belgium, won Deals of the Year in their regions, and there were double laurels for Danone, in both the bond and loan markets.

  • The results are in! GlobalRMB announces award winners

    GlobalRMB is pleased to announce the winners of its inaugural awards, honouring those banks, companies and individuals that have made the biggest contribution to bridging the gap between China and the rest of the world.