Malaysian Rating Corporation Berhad (MARC) has published its 2018 Lead Managers League Tables. The league tables rank the lead managers by volume and number of lead-arranged MARC-rated issuances in any given year.
RHB Investment Bank Berhad topped the issued value league table of MARC-rated debt and sukuk programmes/issuances, with CIMB Investment Bank Berhad coming in second and AmInvestment Bank Berhad in third place.
The issue count league table of MARC-rated debt and sukuk programmes/issuances was also headed by RHB Investment Bank Berhad. AmInvestment Bank Berhad was the runner-up, followed by Affin Hwang Investment Bank Berhad.
Noteworthy deals rated by MARC in 2018 included the RM415.0 million green bonds for Segi Astana, representing the first ringgit-rated bonds issued under the ASEAN Green Bonds Standards, and the RM245.0 million green sukuk for Sinar Kamiri, the first corporate green SRI Sukuk Wakalah in Malaysia.
To deepen its role in increasing the awareness towards creating sustainable impact, MARC introduced the Impact Bond Assessments (IBA) in July 2018. The IBA methodology assesses green, social and sustainability bonds, including sukuk, which are issued under Malaysia’s Sustainable and Responsible Investment Sukuk Framework.
Published annually, MARC’s Lead Managers League Tables provide a meaningful measure of domestic corporate and project bond and sukuk issuance for the year.
Details of MARC’s 2018 League Tables are as follows:
LEAD MANAGERS LEAGUE TABLE FOR JANUARY-DECEMBER 2018
(by rated issued value in RM million)
| No. | Lead Manager | Conventional | Islamic | Total |
| 1 | RHB Investment Bank Berhad | - | 1,500.0 | 1,500.0 |
| 2 | CIMB Investment Bank Berhad | - | 650.0 | 650.0 |
| 3 | AmInvestment Bank Berhad | 415.0 | 147.0 | 562.0 |
| 4 | Affin Hwang Investment Bank Berhad | - | 240.0 | 240.0 |
| 5 | Kuwait Finance House (Malaysia) Berhad | - | 130.0 | 130.0 |
| 6 | United Overseas Bank (Malaysia) Berhad | - | 98.0 | 98.0 |
| TOTAL | 415.0 | 2,765.0 | 3,180 |
LEAD MANAGERS LEAGUE TABLE FOR JANUARY-DECEMBER 2018
(by issue count)
| No. | Lead Manager | Conventional | Islamic | Total |
| 1 | RHB Investment Bank Berhad | - | 2 | 2 |
| 2 | AmInvestment Bank Berhad | 1 | 1 | 2 |
| 3 | Affin Hwang Investment Bank Berhad | - | 1 | 1 |
| 4 | United Overseas Bank (Malaysia) Berhad | - | 1 | 1 |
| 5 | CIMB Investment Bank Berhad | - | 1 | 1 |
| 6 | Kuwait Finance House (Malaysia) Berhad | - | 1 | 1 |
| TOTAL | 1 | 7 | 8 |
Note:
Rated issued value credit is given to lead managers based on the programme-specific arrangements between lead arrangers for jointly arranged programmes. Equal issue count credit is given to lead managers for jointly arranged programmes.
Contacts:
Lalitha Sivanesan, +603-2717 2953/ lalitha@marc.com.my;
Nurfarain Mohd Dom, +603-2717 2925/ farah@marc.com.my;
Beatrice Thio, +603-2717 2946/ beatrice@marc.com.my.