• Chinese issuers flood offshore bond market

    Bond sales from Chinese issuers continued unabated on Thursday despite heavy supply in the first half of the week, with firms raising a combined $1.1bn from the debt market.

    • 18 Sep 2020
  • A tricky balance: ICBC navigates choppy markets for $2.9bn AT1

    Industrial and Commercial Bank of China raised a smaller than planned $2.9bn from its additional tier one outing, buffeted by a surge in supply this week and a softer market backdrop. Alice Huang reports.

    • 17 Sep 2020
  • Central China Securities debuts with $110m bond

    Central China Securities Co opted for a short 363 day bond for its maiden dollar debt outing, testing the waters first before planning longer-dated deals and potentially getting an international rating.

    • 08 Sep 2020
  • BoCom mixes fixed, FRN for $1.15bn

    Bank of Communications used its Hong Kong arm for a tightly priced dual-tranche deal on Thursday, bringing back floating rate and fixed rate combo bonds for Chinese financial credits.

    • 04 Sep 2020
  • ICBC nets $1.8bn from dual-tranche return

    Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions.

    • 02 Sep 2020

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.45
2 Industrial and Commercial Bank of China (ICBC) 13.56
3 China Merchants Bank Co 12.10
4 China Construction Bank (CCB) 9.85
5 Agricultural Bank of China (ABC) 8.93

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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