Latest high yield news

  • Jiayuan secures $225m from rare Friday outing

    China's Jiayuan International Group made any unusual move by coming to the bond market on Friday last week, for the refinancing of a November maturity.

    • 15 Oct 2018
  • China Fortune Land taps for $70m

    China Fortune Land Development Co added $70m to its existing 2020 bonds in a quick tap this week.

    • 12 Oct 2018
  • Maoye taps market for additional $100m

    Robust investor demand and reverse enquiry propelled Maoye International Holdings to make a rapid comeback to the bond market with a tap of its September issuance.

    • 10 Oct 2018
  • Cracks appear in Shimao's dollar bond outing

    Turbulence in China’s equities and bond markets forced Shimao Property Holdings to cull one portion of a dual-tranche dollar bond deal this week as investors shied away from the longer tenor.

    • 09 Oct 2018
  • Juicy offshore bond yield is no panacea

    Yields on dollar bonds from Chinese issuers have jumped this year, but investors don’t appear to be rising to the bait. A rethink of borrowers’ fundraising strategies should be on the cards.

    • 09 Oct 2018
  • China on shaky ground with stocks, bonds down

    Chinese stock markets led the decline among all major Asian indices on Monday, as woes in the region’s bond market also continued. Debt issuers aiming to kick off their deals this week have their work cut out for them.

    • 08 Oct 2018
  • Treasury sell-off drags on Asia ahead of supply boom

    A spike in US Treasury yields on Thursday had a knock-on effect on bond spreads in Asia, posing an additional challenge for issuers ready to head out the gates next week.

    • 05 Oct 2018
  • Hopes of order in chaotic thinking on impact

    As environmental and social “impact” becomes a ubiquitous buzzword in financial markets, the risk of muddle and conflict over what it means has intensified, even giving rise to the term “impact washing”. But efforts to shed light and bring harmony are advancing rapidly, with three major contributions in the space of three weeks.

    • 04 Oct 2018
  • IFC offers Operating Principles to guide impact investing

    The International Finance Corp will launch next week at the World Bank/IMF annual meetings in Bali a set of Operating Principles for Impact Management, which are designed to complement the framework for analysing impact produced by the Impact Management Project.

    • 04 Oct 2018
  • Small windows, big potential: Asian bond market gears up

    As the clock ticks down to the end of 2018, Asia’s debt issuers and bankers are hoping for a rebound in supply. But they have to first face a number of challenges, writes Addison Gong.

    • 04 Oct 2018

High yield news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 17.33
2 Industrial and Commercial Bank of China (ICBC) 14.45
3 CITIC Securities 10.36
4 Agricultural Bank of China (ABC) 9.42
5 China CITIC Bank Corp 8.48

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 15,658.50 72 7.61%
2 Morgan Stanley 13,921.33 63 6.77%
3 Citi 13,640.97 88 6.63%
4 UBS 10,915.56 69 5.31%
5 China International Capital Corp Ltd 10,581.88 41 5.15%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 21,505.44 181 7.68%
2 Citi 20,709.67 133 7.40%
3 JPMorgan 13,802.40 85 4.93%
4 Bank of America Merrill Lynch 12,328.25 77 4.40%
5 Goldman Sachs 11,208.75 54 4.00%

Asian polls & awards

  • GlobalRMB awards: Most impressive issuers, best law firm

    In this third part of the GlobalRMB awards, we present our reasons for choosing the best issuers in the FIG, corporate and SSA categories — and praise the strong performance of one well-known foreign law firm.

  • GlobalRMB awards: Person of the year, most impressive innovation

    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.