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
  • 13 Jun 2017
1 BNP Paribas 12,133.14 16 4.41%
2 Barclays 11,436.59 16 4.16%
3 Citi 11,407.60 13 4.15%
4 HSBC 10,809.87 15 3.93%
5 UniCredit 9,914.96 13 3.61%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Jun 2017
1 Citi 29,428.61 70 5.96%
2 JPMorgan 28,204.66 71 5.71%
3 HSBC 18,162.74 45 3.68%
4 Deutsche Bank 17,792.83 38 3.60%
5 Bank of America Merrill Lynch 17,688.79 54 3.58%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Jun 2017
1 BNP Paribas 24,517.73 45 3.85%
2 JPMorgan 24,215.01 63 3.80%
3 UniCredit 24,061.01 62 3.78%
4 HSBC 23,780.64 71 3.73%
5 Barclays 22,961.67 55 3.60%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 JPMorgan 57,598.36 286 3.94%
2 Citi 52,375.29 185 3.58%
3 HSBC 47,349.68 167 3.24%
4 Barclays 43,712.92 125 2.99%
5 Deutsche Bank 39,612.00 149 2.71%