Kommunalbanken squeezes price on green bond

Kommunalbanken printed its third ever green bond on Wednesday, using the "extra selling point" of the green factor to pull in an impressive book for the four year deal and pricing it through its curve.

  • By Lewis McLellan
  • 19 Oct 2016

Crédit Agricole, Citi and SEB ran the books for the $500m Reg S/144A transaction. 

The final spread was set at 27bp over mid-swaps. “We actually priced through their January 2020 bond, so we’re very pleased with that,” said a lead manager.

A banker away from the ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 Barclays 20,475.35 32 10.72%
2 HSBC 16,236.35 23 8.50%
3 Citi 14,240.06 25 7.45%
4 JPMorgan 14,112.19 26 7.39%
5 Goldman Sachs 13,855.60 23 7.25%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 JPMorgan 50,245.18 178 11.02%
2 Citi 46,367.72 136 10.17%
3 Bank of America Merrill Lynch 43,140.49 124 9.46%
4 HSBC 39,285.99 103 8.62%
5 Goldman Sachs 31,338.33 72 6.87%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 Barclays 36,926.88 95 8.54%
2 HSBC 33,060.24 122 7.65%
3 UniCredit 31,974.40 113 7.39%
4 JPMorgan 28,280.84 94 6.54%
5 Credit Agricole CIB 28,083.65 83 6.49%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 HSBC 87,294.32 345 7.20%
2 JPMorgan 87,166.16 575 7.19%
3 Citi 78,596.39 270 6.49%
4 Barclays 78,038.93 251 6.44%
5 Bank of America Merrill Lynch 62,913.39 209 5.19%