Türk Telekom mandates for dollar Eurobond, but turmoil may delay pricing

Türk Telekom has picked BNP Paribas, Barclays, JP Morgan, Standard Chartered and Emirates NBD to arrange what will be its debut Eurobond. The deal is likely to be a dollar benchmark, according to syndicate officials away from the mandate.

  • By Francesca Young
  • 30 Aug 2013
The Eurobond is unlikely to be printed immediately as Turkey-Syria tensions have escalated and investors have re-focused on Turkey’s high current account deficit. For 2013 that stands around $55bn, short term debt due this year is another $165.2bn and the combined total is close to double gross FX ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 May 2017
1 JPMorgan 59,729.64 269 3.64%
2 Citi 48,146.84 242 2.94%
3 Bank of America Merrill Lynch 45,937.03 233 2.80%
4 Deutsche Bank 41,805.81 175 2.55%
5 Morgan Stanley 38,350.79 202 2.34%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 BNP Paribas 13,945.15 61 9.46%
2 Deutsche Bank 12,744.72 45 8.65%
3 Barclays 11,444.28 42 7.77%
4 Citi 8,502.33 42 5.77%
5 SG Corporate & Investment Banking 8,311.04 47 5.64%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 23 May 2017
1 Deutsche Bank 3,271.23 30 8.16%
2 JPMorgan 3,230.36 27 8.06%
3 Citi 2,868.23 17 7.16%
4 Barclays 2,733.11 21 6.82%
5 Goldman Sachs 2,620.59 22 6.54%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 May 2017
1 JPMorgan 15,642.64 116 12.03%
2 Bank of America Merrill Lynch 11,985.87 100 9.21%
3 Citi 11,558.90 86 8.89%
4 Goldman Sachs 10,013.87 71 7.70%
5 Barclays 7,309.82 50 5.62%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 BNP Paribas 13,998.75 62 7.56%
2 Deutsche Bank 13,791.03 42 7.45%
3 Citi 11,544.92 48 6.24%
4 Barclays 10,865.91 47 5.87%
5 JPMorgan 9,678.50 37 5.23%