Latest leveraged/non-investment grade loans news

  • Details emerge on Samson Paper's HK$570m loan

    The terms are out for Hong Kong-listed company Samson Paper’s HK$570m ($73m) refinancing. The deal has three arrangers, which circulated term sheets among existing lenders a couple of weeks ago. Invitations have now gone out to other banks.

    • 04:00 AM
  • Senior participants sought for I Squared Capital acquisition loan

    The three bookrunners of a $900m-equivalent Hong Kong dollar loan for I Squared Capital’s acquisition of Hutchison Global Communications (HGC) have invited lenders to join the syndicate at a senior level.

    • 21 Aug 2017
  • Laotian trio mull overseas dollar syndications

    Cathay United Bank has invited lenders for meetings in Laos during the first week of September, as it prepares to launch three different loans from the country.

    • 18 Aug 2017
  • Cairn India gets two more for $651m loan

    Cairn India Holdings, which signed up new lenders for a $651m borrowing in late July, has received commitments from two more banks.

    • 18 Aug 2017
  • Intas Pharma to command lower pricing for M&A loan

    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.

    • 17 Aug 2017
  • 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
  • Medco Malaka eyes $360m from RBL facility

    Medco Energi Internasional, which issued a dollar bond last week, has returned to the debt market for a reserve based lending (RBL) facility for subsidiary Medco E&P Malaka.

    • 15 Aug 2017
  • Cambodia’s ABA Bank wraps up $50m loan with six

    Cambodia's Advanced Bank of Asia (ABA Bank) has tied up a $50m borrowing with Taiwanese lenders, taking double the amount raised in its international loan debut last year.

    • 14 Aug 2017
  • Vedanta plots loan hat-trick with $300m

    India's Vedanta Resources is talking to banks about a $300m borrowing for its mining operations in South Africa, setting the wheels in motion for its third international loan of the year.

    • 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

Leveraged/non-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
  • Today
1 CITIC Securities 8,260.06 48 5.51%
2 Goldman Sachs 8,255.09 35 5.51%
3 China International Capital Corp Ltd 7,824.36 37 5.22%
4 UBS 6,618.00 48 4.42%
5 Citi 6,128.50 41 4.09%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 23,832.57 153 8.84%
2 Citi 19,977.91 128 7.41%
3 JPMorgan 16,609.75 95 6.16%
4 Standard Chartered Bank 12,715.21 93 4.72%
5 Bank of America Merrill Lynch 12,122.46 70 4.50%

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.