• Updated: Lotte returns with sustainability bond

    South Korea’s sustainable financing efforts were given a boost this week, after Lotte Property and Development Co sold a $300m bond.

    • 31 Jul 2019
  • Shandong Hi-Speed goes long with popular dual-trancher

    Chinese provincial government-owned Shandong Hi-Speed Group Co has pushed out its maturity profile with a $1.4bn dual-tranche transaction. It priced the senior perpetual tranche at the same level as some of its bigger state-owned peers, thanks to a six times covered order book.

    • 26 Jul 2019
  • Pertamina defies Indonesian volatility to snag $1.5bn thanks to strong reputation

    Indonesian state-owned energy company Pertamina proved to the dollar bond market that quality credits can win over investors during turbulent times, as it navigated secondary market volatility this week to rake in $1.5bn from a chunky $10bn book. Morgan Davis reports.

    • 25 Jul 2019
  • Hanwha goes green for $300m

    Hanwha Energy USA Holdings Corp’s green bond attracted more than $2bn of orders on Tuesday, allowing the borrower to close the $300m trade with no new issue premium.

    • 24 Jul 2019
  • Indonesia volatility poses no challenge for Pertamina

    Indonesian energy company Pertamina snagged $1.5bn from a dual-tranche bond sale, shaking off concerns about the struggling bond market in the country and proving that quality credits can still get deals done.

    • 24 Jul 2019
  • ESIC takes $600m in bond debut

    The Emirates Strategic Investment Corp made its bond market debut on Tuesday, launching a $600m five year sukuk into a six times subscribed order book.

    • 23 Jul 2019
  • India positivity feeds Greenko momentum

    Greenko Energy Holdings found ample support for its $950m dual-tranche bond, thanks in part to the duration it offered investors, as well as the positive sentiment surrounding India.

    • 23 Jul 2019
  • Dalian Deta, KWG kick-start new week of bonds

    Chinese local government-owned Dalian Deta Holdings Co has debuted in the international bond market for $300m, while repeat issuer KWG Group priced a tight transaction on Monday.

    • 23 Jul 2019
  • REC prices tight $650m on strong demand

    Rural Electrification Corp took advantage of strong demand for Indian credits this week, raising $650m despite paying a negligible new issue premium.

    • 19 Jul 2019
  • Investors eat up Cifi’s dim sum bond

    Cifi Holdings (Group) Co, a Chinese real estate developer, made its second venture into the offshore renminbi bond market on Tuesday, taking Rmb1.6bn ($233m) from a tightly priced issuance.

    • 17 Jul 2019
  • Jinmao pushes out to 10yr as investors hunt for yield

    A busy day for bond issuance from Chinese property companies offered investors a dash of variety, as investment grade rated China Jinmao Holdings Group vied for attention amid a slew of deals from high yield credits including Kaisa Group Holdings.

    • 17 Jul 2019
  • Adani raises $650m to fund tender offer

    India’s Adani Ports and Special Economic Zone has bagged $650m from 144A/Reg S bonds to fund a tender offer of notes due next year, pricing the new issuance at a competitive level.

    • 17 Jul 2019
  • Bonds news in brief: Mengniu Dairy, LGFVs rush out post Powell hearing

    A wave of issuers — mostly Chinese — including China Mengniu Dairy Co and local government financing vehicle Guangzhou Development District Financial Holdings flooded the bond market on Thursday, riding the positive sentiment after the US Federal Reserve chairman Jerome Powell signalled a rate cut later this month.

    • 12 Jul 2019
  • LGFV bond falls through amid Tianjin debt woes

    Chinese local government financing vehicle (LGFV) Tianjin Binhai New Area Construction & Investment Group Co’s decision to postpone a planned three year bond has highlighted the debt crisis in the Tianjin area.

    • 12 Jul 2019
  • Negative NIPs for DP World deals as investors vie for long end paper

    DP World on Thursday launched a new $1bn 10 year sukuk and $300m tap of its $1bn 5.625% September 2048s, both with negative new issue premiums.

    • 11 Jul 2019
  • PLN rides on quasi-sovereign demand for $1.4bn bonds

    Indonesian state-owned Perusahaan Listrik Negara (PLN) sold $1.4bn of bonds this week, split equally between 10 year and 30 year tranches, pricing both slightly inside fair value.

    • 11 Jul 2019
  • DP World guides for new sukuk and 2048s tap

    DP World has updated price guidance for its new 10 year benchmark sukuk and $200m tap of its 2048s, with order books already a healthy size for both deals.

    • 11 Jul 2019
  • DP World roadshows dollar sukuk

    DP World is embarking on a roadshow to market a new 10 year benchmark Reg S dollar sukuk. It is also considering long dated Reg S-only dollar funding.

    • 09 Jul 2019
  • IG developers Shimao, Coli go long on dollar bonds

    Shimao Property Holdings and China Overseas Land and Investment took advantage of a strong market backdrop and renewed investor interest in duration to price seven and 10 year bonds, respectively.

    • 09 Jul 2019
  • Posco makes $500m sustainability bond debut

    Posco, the South Korean steel firm, has sold its first sustainability bond, raising $500m and attracting investors to its solid investment grade credentials.

    • 09 Jul 2019
  • Beijing Infra prices tight $200m deal

    Beijing Infrastructure Investment, a Chinese local government finance vehicle (LGFV), returned to the international bond market on Tuesday, raising $200m at a tight price.

    • 09 Jul 2019
  • Tongfang settles for $300m while Yuzhou, Guohui price

    Tsinghua Tongfang Co has priced a smaller $300m deal, as investors appeared cautious amid an ongoing share sale. Yuzhou Properties and Shandong Guohui Investment Co returned to the market and saw big order books, the latter fueled by lead manager interest.

    • 03 Jul 2019

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%