• Romania and Ivory Coast extend EM sovereign rush

    CEEMEA sovereign borrowers extended their last minute funding spree this week with Romania joining Ivory Coast in the primary bond market.

    • 02:45 PM
  • Africa shows up at last as Ivory Coast mandates for euros

    The Ivory Coast has sparked life into what has been a bleak year for sub-Saharan African bond issuance. Most sovereigns have turned to the official sector to support them throughout the coronavirus crisis as a result of being priced out of the international debt capital markets, bankers said.

    • 23 Nov 2020
  • Junk-rated Oman taps investors in cash grab to bolster finances

    Oman, one of only two sub-investment grade sovereign credits in the Gulf region, was tapping two of its dollar bonds on Monday as it seeks to shore up state finances.

    • 23 Nov 2020
  • CDB ends six-year dim sum hiatus with chunky deal

    China Development Bank returned to the offshore renminbi bond (CNH) market after six years with the largest print in the currency for 2020.

    • 20 Nov 2020
  • Gaw, Schroder to mandate two for Cityplaza One loan

    A consortium led by Gaw Capital Partners and Schroder Pamfleet is set to mandate United Overseas Bank and Standard Chartered for a loan to support its acquisition of Cityplaza One, according to two sources close to the situation.

    • 20 Nov 2020
  • Masan gets $200m loan for subsidiary

    Vietnam’s Masan Group Corp has signed a $200m loan with four banks to support a capital injection into a subsidiary.

    • 20 Nov 2020
  • China makes triumphant return to euro bonds

    The People’s Republic of China returned to the European market on Wednesday, part of its plan to make euro bond outings an annual exercise. The €4bn transaction was a blow-out, with the order book well oversubscribed — and one of the three tranches achieving the sovereign’s first negative yield. Morgan Davis reports.

    • 19 Nov 2020
  • Wuhan construction company builds $200m bond

    China Gezhouba Group Co raised $200m from a subordinated perpetual bond on Wednesday.

    • 19 Nov 2020
  • QNB raises $3.5bn syndicated loan

    Qatar National Bank, by assets the largest bank in the Middle East and North Africa, has raised a dual tranche $3.5bn syndicated loan, one of the largest emerging market loans signed this year.

    • 18 Nov 2020
  • Central China pushes out $300m bond

    Central China Real Estate paid up for its $300m return to the bond market on Tuesday, navigating weaker investor sentiment to get its deal over the finish line.

    • 18 Nov 2020
  • China plots return to euro market

    The People’s Republic of China is planning a comeback to the euro bond market this week, one month after selling its first dollar trade in the US.

    • 17 Nov 2020
  • Chinese government-owned trio raise dollars

    Government-backed Chinese issuers Shandong Hi-Speed Group Co, Wuhan Trading Group and a local government financing vehicle from Xi’an ventured to the offshore dollar bond market on Thursday. They raised a combined $880m.

    • 13 Nov 2020
  • İşbank gets dual tranche facility at 'fair' pricing

    İşbank, Turkey's largest private bank by assets, has raised a dual tranche syndicated loan, with margins that were priced "fairly" considering the country's credit risk and general market conditions, according to bankers.

    • 12 Nov 2020
  • Debut, infrequent borrowers struggle to hit loan targets despite buoyant liquidity

    A handful of borrowers have been forced to close smaller loans than expected recently amid waning interest from lenders. While bankers insist there is still plenty of liquidity, debut credits and infrequent borrowers are feeling the pinch in the pandemic. Pan Yue reports.

    • 12 Nov 2020
  • CEEMEA duo raise dollars in short issuance window

    Emerging market issuers have crept back into the small issuance window in international markets after a brief pause for the US elections, with Dubai Islamic Bank and Uzbekistan’s Ipoteka Bank issuing dollar-denominated bonds this week.

    • 11 Nov 2020
  • Redco uses up bond quota to meet refi needs

    Redco Properties Group has tackled some of its upcoming maturities by selling a new $266m bond to refinance debt.

    • 11 Nov 2020
  • Longyuan Power makes strong bond return

    Wind power giant China Longyuan Power Group Corp found overwhelming support for its $300m bond sale, with investors giving the firm’s state ownership, deal timing and sector of operation a big thumbs up.

    • 11 Nov 2020
  • StanChart’s south Asia loan syndicate head has died

    Sameer Chandra, regional head of loan syndications for south Asia at Standard Chartered, has passed away.

    • 11 Nov 2020
  • China property companies keep up bond momentum

    Three Chinese property companies launched dollar bonds on Monday, continuing to take advantage of the post-US election momentum.

    • 10 Nov 2020
  • China Orient prices ‘blowout’ bond on Biden boost

    China Orient Asset Management (International) Holding got nearly $10bn of orders for its $750m dual-tranche bond on Monday as it rode on a big rally in market sentiment after the US elections and its own rarity appeal to investors.

    • 10 Nov 2020
  • Great Wall parks internationally rated ABS with investors

    Chinese auto finance company Tianjin Great Wall Binyin Automotive Finance Co got an international rating yet again for its return to the auto loan asset-backed securities market, a move that bankers say is in line with its ambitions to becoming more global.

    • 10 Nov 2020
  • Bond market bounces back after US elections

    Three property companies from Greater China hit the bond market last Friday, raising $850m between them even as the US presidential election battle raged on. With Joe Biden now announced as the president-elect, the issuance spree in Asia only picked up pace on Monday.

    • 09 Nov 2020
  • Muyuan closes debut loan at smaller size of $140m

    Chinese pork producer Muyuan Foods saw lukewarm appetite among banks for its debut syndicated loan, which was closed at a smaller size of $140m.

    • 06 Nov 2020
  • StanChart’s Robins retiring, Spiegel steps up in transaction banking

    Standard Chartered has appointed Michael Spiegel as global head of transaction banking, succeeding Lisa Robins, who is retiring from the banking industry.

    • 06 Nov 2020
  • Mercedes-Benz Leasing debuts China auto lease ABN

    Mercedes-Benz Leasing Co sold its first auto lease asset-backed note in China’s interbank market this week, navigating a number of hurdles to launch the Rmb4bn ($600m) deal.

    • 05 Nov 2020
  • CEEMEA corporate issuance to rise in 2021

    Corporate issuance volumes across CEEMEA have dropped this year, while sovereign issuance has sky-rocketed. The decline, said market participants, is testament to the resilience of the corporate sector, though a revival in issuance is expected in 2021.

    • 03 Nov 2020
  • Glencore Agri taps Asia for $300m loan

    Commodities trading company Glencore Agriculture is making its loan debut in Asia, seeking $300m from the syndication market as a way to establish itself in the region and show its independence from its parent. The thin pricing on offer means only banks keen to build a relationship with the company in the hope of getting ancillary business will jump in, writes Pan Yue.

    • 03 Nov 2020

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 527.48 2053 9.10%
2 Citi 445.05 1695 7.68%
3 BofA Securities 441.88 1719 7.63%
4 Barclays 316.48 1294 5.46%
5 Goldman Sachs 308.55 1113 5.33%

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 JPMorgan 15.76 106 9.17%
2 Morgan Stanley 15.71 67 9.14%
3 Goldman Sachs 14.87 82 8.65%
4 Citi 12.56 72 7.30%
5 BofA Securities 11.86 62 6.90%