Latest investment grade loans news

  • Intas Pharma to command lower pricing for M&A loan as relationship building pays off

    Indian company Intas Pharmaceuticals is lining up banks to help it fund an acquisition in Europe and the US, turning back to lenders who helped the company pull off a successful takeover earlier this year. But this time around, it has more bargaining power. Shruti Chaturvedi reports.

    • 11:30 AM
  • Zhuhai Holdings, China Lesso tie up Hong Kong dollar loans

    Transport and tourism services provider Zhuhai Holdings Investment has sealed a successful return to the loan market through an increased HK$2bn ($255.7m) financing. The company, which tapped offshore liquidity after two years away, launched the deal at HK$1.5bn.

    • 16 Aug 2017
  • Rude health: China Medical loan draws two dozen banks

    A $300m three year fundraising for pharmaceutical company China Medical System Holdings has generated a strong response, with 24 banks forming the syndicate.

    • 16 Aug 2017
  • China Forestry plants HK$2bn loan in general

    Invitations are out for a HK$2bn ($256m) three year loan for a unit of China Forestry Group Corp.

    • 11 Aug 2017
  • Indian borrowers get strategic with long loans

    Indian borrowers are increasingly raising offshore loans with tenors of five to seven years, in a bid to smooth out their maturity profiles and avoid a massive debt overhang. The shift comes at the right time, as international lenders slowly warm up to longer-dated deals, writes Shruti Chaturvedi.

    • 10 Aug 2017
  • There are lessons to be learnt from failed PFC loan

    National Thermal Power Corp (NTPC) has become the second Indian company to seek long-term funding under the latest Reserve Bank of India guidelines — about five months after Power Finance Corp's similar, albeit unsuccessful, attempt. Given that precedent, NTPC will do well to keep its hopes in check.

    • 09 Aug 2017
  • Yangzijiang unit docks for $200m three year financing

    Singapore-listed Yangzijiang Shipbuilding (Holdings) is seeking a $200m three year borrowing, underpinned by a guarantee from its parent and a Chinese state-owned insurer.

    • 09 Aug 2017
  • PGN unit Saka Energi fires up $250m loan

    Saka Energi Indonesia, the upstream oil and gas arm of state-owned Perusahaan Gas Negara, has opened its $250m loan to retail participants through a group of six banks.

    • 08 Aug 2017
  • NTPC sets out for $300m 10 year money

    Indian company National Thermal Power Corp (NTPC) has approached banks with a request for proposals for a $150m facility with an average life of 10 years.

    • 08 Aug 2017
  • SMBC hires in Singapore for Asia loan origination

    A former Standard Chartered loans banker has resurfaced at Sumitomo Mitsui Banking Corp in a senior origination-related position, said a source.

    • 08 Aug 2017

Investment grade loans news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 30.19
2 China CITIC Bank Corp 12.38
3 Bank of China (BOC) 11.61
4 Everbright Securities 10.84
5 China Merchants Bank Co 10.06

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 CITIC Securities 8,097.43 46 5.53%
2 Goldman Sachs 7,852.12 33 5.37%
3 China International Capital Corp Ltd 7,824.36 37 5.35%
4 UBS 6,615.59 48 4.52%
5 Citi 6,126.08 41 4.19%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 HSBC 23,545.07 151 8.81%
2 Citi 19,731.61 125 7.38%
3 JPMorgan 16,539.95 93 6.19%
4 Standard Chartered Bank 12,677.71 92 4.74%
5 Bank of America Merrill Lynch 11,943.66 69 4.47%

Asian polls & awards

  • RMB internationalisation: 10 questions for the market, part 2

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the final five questions.

  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

  • Made in China: The best banks and deals of 2016

    You know who won, now find out why. GlobalCapital Asia and Asiamoney present the extended results of our 2016 China Deals and Investment Bank of the Year awards, recognising achievement both on and offshore.

  • Asia’s standout deals

    GlobalCapital Asia and Asiamoney present the extended results for our 2016 Best Country Deals. Discover why these bond, equity and loan transactions delivered outstanding outcomes for issuers and investors.

  • Aussie award winners: The best banks and deals of 2016

    The names have been announced, now find out why they stood out from the crowd. GlobalCapital Asia and Asiamoney present the extended results for our 2016 Australia Deals and Investment Bank of the Year awards, recognising achievement in equities, bonds, loans and investment banking.