• China Energy offers juicy premium for $400m bond

    China Energy Reserve and Chemicals Group offered bond investors a generous premium to make up for its unrated status and for executing a deal with a less investor-friendly structure. Chinese banks, including those working on the trade, submitted anchor orders and contributed to the transaction's success.

    • 13 Jan 2016
  • Evergrande counts on reverse enquiry to raise $300m

    China's Evergrande Real Estate Group navigated cautious markets and a rating downgrade on Monday with a reverse enquiry-driven bond that came with a fixed price. Bankers on the deal said it was a win-win for both the issuer and investors, given the volatile conditions.

    • 12 Jan 2016
  • Ping An, Woori, China Energy find dollar windows

    Ping An Life Insurance Company of China started building books for its inaugural dollar bond on Tuesday, while South Korea’s Woori Bank and China Energy Reserve and Chemicals Group are also wooing investors for their respective dollar deals.

    • 12 Jan 2016
  • Evergrande builds books amid downgrade

    China's Evergrande Real Estate Group started bookbuilding for a new 2019 offering with a fixed price on January 11. The deal comes amid Moody's announcement that it has downgraded the issuer and its debt because of increased financial risk.

    • 11 Jan 2016

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 17.75
2 Industrial and Commercial Bank of China (ICBC) 14.95
3 China Merchants Bank Co 11.64
4 Agricultural Bank of China (ABC) 10.50
5 China Construction Bank (CCB) 9.48

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 22.44 89 7.39%
2 CITIC Securities 19.78 121 6.52%
3 China International Capital Corp Ltd 19.76 95 6.51%
4 Goldman Sachs 17.76 107 5.85%
5 China Securities Co Ltd 15.52 60 5.11%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 HSBC 28.85 223 7.62%
2 Citi 28.41 169 7.50%
3 JPMorgan 19.37 134 5.12%
4 BofA Securities 18.70 103 4.94%
5 Standard Chartered Bank 17.89 163 4.72%

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