Brambles packs in another 10 year with no premium

Having made euro investors wait three years since its last deal, in 2014, Australian pallet and container provider Brambles finally returned to the single currency market on Tuesday, printing a deal with virtually no new issue premium.

  • By Nigel Owen
  • 28 Sep 2017
In 2011, the Baa1/BBB+ rated issuer sold a €500m seven year deal at 127bp over mid-swaps. The 2014 deal had a 10 year tenor and priced at 90bp. That deal had originally been marketed as a €350m no-grow deal, but the phenomenal demand  a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 164,938.31 718 7.17%
2 Bank of America Merrill Lynch 147,126.56 669 6.40%
3 Citi 129,749.67 692 5.64%
4 Goldman Sachs 105,301.08 448 4.58%
5 Barclays 99,621.62 449 4.33%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 29,057.07 137 8.82%
2 Barclays 24,473.15 99 7.43%
3 Deutsche Bank 22,066.34 93 6.70%
4 SG Corporate & Investment Banking 20,050.48 104 6.09%
5 HSBC 19,151.76 90 5.81%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 7,123.00 59 7.43%
2 Goldman Sachs 6,789.41 55 7.08%
3 Deutsche Bank 5,954.72 59 6.21%
4 Credit Suisse 5,809.63 61 6.06%
5 BNP Paribas 5,208.30 57 5.43%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 33,802.85 265 10.75%
2 Citi 26,963.27 215 8.58%
3 Bank of America Merrill Lynch 25,506.35 227 8.11%
4 Goldman Sachs 23,587.99 168 7.50%
5 Barclays 20,408.08 140 6.49%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 26,876.92 134 6.37%
2 Barclays 26,394.12 121 6.26%
3 Deutsche Bank 26,351.45 95 6.25%
4 HSBC 25,650.40 123 6.08%
5 Citi 22,829.99 98 5.41%