Latest corporate local currency bond news

  • Japan’s bond investors shake things up

    Japanese investors’ desperation to boost their yields is helping them shed an ultra-conservative image that has long defined them. The move is overdue but as more international borrowers turn to the yen markets for funding, the increasing flexibility of the buy-side is helping to usher in new structures and international standards. Rashmi Kumar reports.

    • 07 May 2018
  • Japanese corporations join the bond party

    Japanese issuers are tapping the international bond market in droves, pushing volumes to a record in 2017. The market is set to get a further boost this year, as more corporations enter the fray. Rashmi Kumar reports.

    • 07 May 2018
  • Bank of China hires Skeet amid ambitious plans

    Bank of China (BoC) plans to play to its strengths by deploying its balance sheet and providing liquidity to parched investors. With syndicate and trading operations in place, it has hired Tim Skeet as head of Western European origination.

    • 03 May 2018
  • GLP ditches five year, finds support for nine year Panda

    Frequent Panda bond issuer GLP returned last week with a five year tranche and a nine year note. But most investors did not have the stomach for the five year leg of the deal. Instead, they were enticed by the two exit options in the longer dated portion, said a source close to the transaction.

    • 03 May 2018
  • Central China heads to Singapore dollar market

    Central China Real Estate was back in the offshore debt market on Tuesday with a Singapore dollar deal, just a week after sealing a US dollar bond.

    • 25 Apr 2018
  • Logan brings Sing dollar Chinese property bonds back to life

    Logan Property Holdings Company sold its first Singapore-dollar denominated bond on Tuesday to support its growing presence in the country, raising a larger-than-expected S$200m ($152.6m). The deal is the first in the currency from a Chinese real estate name in almost four years.

    • 11 Apr 2018
  • Chinese issuers ready offshore bond comebacks

    Peking University Founder Group Co, BOC Aviation and Yuexiu Property Co are meeting investors for their upcoming bond plans, while China National Chemical Corp’s Swiss subsidiary Syngenta is also gearing up for a mega deal.

    • 06 Apr 2018
  • Auto companies rev up dim sum efforts

    German car manufacturer Daimler and Chinese auto rental company Car debuted in the offshore renminbi market this week, raising Rmb1.4bn ($223.2m) between them.

    • 28 Mar 2018
  • Car drives away with Rmb400m dim sum

    Chinese auto rental company Car made its debut in the offshore renminbi bond market on Monday, but had to settle for a modest deal size in exchange for an aggressive price.

    • 27 Mar 2018
  • Beijing Capital paints the town green with $600m deal

    Beijing Capital Group debuted in the green bond market on Monday with a $600m-equivalent deal featuring dollars and offshore renminbi (CNH), finding enough buy-side support to tighten pricing by over 20bp on both the tranches.

    • 20 Mar 2018

Corporate local currency bond news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 21.76
2 Agricultural Bank of China (ABC) 15.11
2 CITIC Securities 15.11
4 China CITIC Bank Corp 13.60
5 Industrial and Commercial Bank of China (ICBC) 10.58

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,715.99 45 8.34%
2 Goldman Sachs 9,247.49 34 7.93%
3 Morgan Stanley 8,550.75 29 7.34%
4 China International Capital Corp Ltd 6,725.31 16 5.77%
5 China Securities Co Ltd 6,118.37 18 5.25%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 12,820.72 99 7.26%
2 Citi 11,527.13 72 6.53%
3 JPMorgan 8,844.04 40 5.01%
4 Goldman Sachs 8,568.36 34 4.85%
5 Bank of America Merrill Lynch 7,868.54 41 4.46%

Asian polls & awards

  • The Australian Fixed Income Poll 2018

    Asiamoney, in association with National Australia Bank, invites all fixed income investors in Asia and Europe to participate in the Australian Fixed Income Poll 2018. The online poll will take only five to 10 minutes to complete.

  • Regional Capital Markets Awards Part IV: Investment Bank

    In the last instalment of our 2017 awards, we present the full write-ups of the winners of Best Asian Investment Bank and Best Investment Bank.

  • Regional Capital Markets Awards Part III: Bonds

    In the third instalment of our 2017 awards, we present the full write-ups of the winners of the Best Local Currency Bond, Best High Yield Bond, Best Financial Bond, Best SSA Bond, Best Investment Grade Bond, Best Project Finance Deal, Best Bond, Best G3 and Local Currency Bond House, and Best High Yield Bond House.

  • Regional Capital Markets Awards Part II: Equities

    In the second instalment of our 2017 awards, we present the full write-ups of the winners for Best Follow-On/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

  • Regional Capital Markets Awards Part I: Loans

    In the first instalment of our 2017 awards, we present the full write-ups of the winners for Best Investment Grade Syndicated Loan, Best High Yield Syndicated Loan, Best Leveraged/Acquisition Finance, Best Loan and Best Loans House.