• PNB makes rare visit to dollar bonds

    Philippine National Bank, a rare credit in the offshore bond market, raised $300m from a new transaction on Thursday. But despite the novelty value of its deal, investors still demanded a new issue premium.

    • 20 Apr 2018
  • CICC returns to bonds with $600m floater

    Chinese investment banking giant CICC returned to the dollar bond market this week, raising $600m from its first deal in almost two years.

    • 19 Apr 2018
  • Chinese property issuers pay up to build bonds

    Several Chinese real estate companies, including Sunac China Holdings and Central China Real Estate, took advantage of relatively stable markets to ride the dollar issuance momentum this week. But supply pressure meant that many saw their bonds then trade under water.

    • 19 Apr 2018
  • R&F nets $600m from tender/new issue, Hongqiao returns

    China’s Guangzhou R&F Properties Co, the once troubled China Hongqiao Group and a local government-owned entity in Xinjiang all managed to pull off new dollar bonds on Tuesday, albeit with some difficulty.

    • 18 Apr 2018
  • Updated: UOB makes a splash in China DCM

    United Overseas Bank’s subsidiary in China has printed its first bond in the country, a Rmb1bn ($159m) three year note. The Singaporean lender joins a small group of foreign financial institutions that have raised onshore funding through their China arms.

    • 18 Apr 2018
  • San Miguel eyes $1.1bn loan for acquisition

    Philippine conglomerate San Miguel Corp and its power unit SMC Global Power are jointly seeking a $1.1bn loan to finance a $1.9bn acquisition of a power plant in the country.

    • 18 Apr 2018
  • Chinese property credits keep HY bonds humming

    Four high yield property companies, Sunac China Holdings, Central China Real Estate, Jingrui Holdings and Yanlord Land Group, raised a total of $2.05bn on Monday, with some of them focusing on price and the others on size. But irrespective of their strategy, recent heavy supply pushed their bonds lower in the secondary market.

    • 17 Apr 2018
  • Chinese developers rush to market for refi

    Chinese property developers are rushing to sell dollar bonds as momentum picks up and the market stabilises. While heavy supply is weighing on investors’ minds, their familiarity with the sector and issuers’ willingness to pay up may be able to safeguard the deals.

    • 16 Apr 2018
  • Indo Eximbank launches $950m loan with lowest price in five years

    Indonesia Eximbank has returned to bank lenders with a $950m loan, slashing pricing on all three of its tranches. It is making the most of a dearth of supply from other Indonesian borrowers, writes Pan Yue.

    • 12 Apr 2018
  • Global investors pile in on BOC floating rate bonanza

    Bank of China (BOC) returned to the bond market with a Belt and Road blockbuster this week, raising around $3.2bn from a multi-tranche, multi-currency deal. Addison Gong reports.

    • 12 Apr 2018
  • China Jinmao opens the doors to HK$4bn borrowing

    China Jinmao Holdings has launched a HK$4bn ($509m) loan into syndication through a group of lenders that include the country’s big four state-owned commercial banks.

    • 12 Apr 2018
  • Sri Lanka gets vote of confidence in $2.5bn deal

    The Democratic Socialist Republic of Sri Lanka grabbed $2.5bn from its largest bond on record on Wednesday, as investors showed their support to a country that has been buffeted by numerous problems recently.

    • 12 Apr 2018
  • Bank of China goes full out on FRNs for $3bn

    Bank of China has priced bonds denominated in US dollars, euros and Australian dollars worth $3bn-equivalent, with another two tranches in New Zealand dollars set to be priced on Wednesday. The deal, sold under different branches of the bank, reflects the relentless bid for floating rate notes (FRNs).

    • 11 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
  • Indo Exim takes advantage of lender interest to cut price

    Indonesia Eximbank is riding on the strong interest among bank lenders for its past fundraisings to launch a new $950m multi-tranche loan at razor-thin pricing levels.

    • 11 Apr 2018
  • Investors plug into SK Telecom’s bond

    Korea’s SK Telecom Co (SKT) found exceptional demand for its dollar bond on Monday — the company’s first offshore deal in more than five years — allowing it to price with a single-digit premium.

    • 10 Apr 2018
  • Tata Steel fires up $1.86bn loan with larger top group

    A group of 23 banks opened syndication for Tata Steel’s $1.86bn dual-currency facility on Monday, but only after the deal went through numerous changes on its way to the market.

    • 10 Apr 2018
  • STP beams $577m dual-currency borrowing

    Solusi Tunas Pratama, an Indonesian telecommunications company, has launched a $577m-equivalent dual-currency loan denominated in dollars and rupiah into general syndication.

    • 04 Apr 2018
  • BOC plots Belt and Road jumbo issuance

    A year after selling a $3.1bn-equivalent four-currency, six-tranche Belt and Road blockbuster, Bank of China is making a comeback with another Reg S only bond to support the initiative.

    • 04 Apr 2018

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 134,174.05 511 7.88%
2 JPMorgan 128,971.84 533 7.57%
3 Bank of America Merrill Lynch 114,226.50 384 6.71%
4 Barclays 99,213.66 356 5.83%
5 Goldman Sachs 97,629.05 275 5.73%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 20,423.32 23 9.47%
2 SG Corporate & Investment Banking 14,215.71 38 6.59%
3 Deutsche Bank 13,118.70 35 6.08%
4 Bank of America Merrill Lynch 12,117.87 27 5.62%
5 Citi 11,366.88 31 5.27%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,907.08 27 10.40%
2 JPMorgan 4,381.89 22 7.72%
3 Citi 4,165.68 23 7.34%
4 Deutsche Bank 4,050.74 23 7.13%
5 UBS 2,626.72 9 4.63%