Latest investment grade loans news

  • Invitations out for Reliance $2.5bn three tranche refi

    A $2.5bn refinancing by Reliance Industries (RIL) and its telecommunications arm, Reliance Jio Infocomm, has been opened to retail participants.

    • 18 Oct 2017
  • Wang takes over China Minsheng HK's loans team

    There has been a change in leadership of the loan syndications department at China Minsheng Bank in Hong Kong, according to sources close to the matter.

    • 18 Oct 2017
  • Banco General sniffs out 2nd Asian syndication

    Panamanian commercial lender Banco General is distributing a $500m loan into the Asian market, the second time it has tapped bank liquidity in the region.

    • 17 Oct 2017
  • Olam International seals $1.75bn RCF

    Singapore–based agriculture company Olam International has secured a $1.75bn revolving credit facility with 21 banks.

    • 16 Oct 2017
  • Four takers for HDFC Bank’s $500m loan

    A $500m borrowing by Indian lender HDFC Bank has attracted four participants during general syndication. Allocations have emerged for the deal, which was signed in September.

    • 16 Oct 2017
  • Reliance $2.5bn refi heads to general

    The mandate for Reliance Industries’ $2.5bn refinancing has been revealed. The deal will consist of three portions, the bulk of which will replace a $1.5bn loan taken by one of its subsidiaries in late 2014.

    • 15 Oct 2017
  • ChemChina in talks for $5.5bn two tranche refinancing

    China National Chemical Corp (ChemChina) has approached banks for a $5.5bn two tranche borrowing to help refinance a $12.7bn acquisition loan signed last September.

    • 13 Oct 2017
  • Asian loans bankers weigh up cornerstone support

    Cornerstone investors are becoming increasingly common in overseas loan syndications, especially those involving Indian borrowers. While some may argue that this goes against the true purpose of syndication, which is to spread risk, loans bankers believe the change is for the better as it introduces borrowers to sturdy lenders for future funding needs. Shruti Chaturvedi reports.

    • 12 Oct 2017
  • Yunnan Water back with $150m three year facility

    Yunnan Water HK Co has made a swift return to the overseas loan market with a $150m three year deal.

    • 12 Oct 2017
  • Quintet launches Victory City HK$2.6bn refi

    Victory City Co has hit the syndicated loan market for a HK$2.6bn ($333m) fundraising with five bookrunners at the helm.

    • 11 Oct 2017

Investment grade loans news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2017
1 CITIC Securities 11,427.98 67 5.99%
2 China Securities Co Ltd 9,276.15 41 4.87%
3 China International Capital Corp Ltd 9,104.08 44 4.78%
4 UBS 9,093.85 67 4.77%
5 Goldman Sachs 8,976.54 43 4.71%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,004.30 186 8.21%
2 Citi 25,094.34 154 7.35%
3 JPMorgan 21,049.54 121 6.17%
4 Bank of America Merrill Lynch 17,836.24 92 5.23%
5 Standard Chartered Bank 14,573.61 109 4.27%

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