dcsimg

  • Latest Print Issue
  • April 17 2014
FIG

Wells Fargo, SBAB hit sevens as Syria slows senior surge

Uncertainty over potential Western military intervention in Syria put the brakes on euro senior unsecured issuance earlier this week, but two of the market’s stronger credits were able to navigate the nervous market to print well received seven years.

  • By Tom Porter
  • 30 Aug 2013

Senior supply staged a post-summer comeback last week with seven banks placing over €6.5bn with investors, and the market looked to be picking up where they left off when Wells Fargo emerged with a seven year trade on Tuesday morning.

But as markets digested news of a US ...

The rest of this content is available to subscribers and active trials only

Contact Jeremy Masters to discuss your access: jeremy.masters@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Jeremy Masters on +44 (0)20 7779 8036 or email jeremy.masters@globalcapital.com to discuss your requirements.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
1 UniCredit 6,762.93 43 0.00%
2 Natixis 6,519.33 24 0.00%
3 BNP Paribas 6,411.77 22 0.00%
4 Commerzbank Group 3,908.41 19 0.00%
5 UBS 3,835.74 22 0.00%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 38,454.61 132 8.58%
2 Bank of America Merrill Lynch 38,426.95 121 8.57%
3 Goldman Sachs 33,969.60 127 7.58%
4 Deutsche Bank 27,934.61 98 6.23%
5 Citi 25,466.21 117 5.68%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
1 RBC Capital Markets 2,861.24 9 19.87%
2 Barclays 2,166.13 7 15.04%
3 JPMorgan 1,326.85 5 9.21%
4 Bank of America Merrill Lynch 1,113.63 4 7.73%
5 Goldman Sachs 857.51 3 5.95%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
1 Deutsche Bank 11,967.71 33 7.68%
2 Goldman Sachs 11,680.11 33 7.49%
3 BNP Paribas 11,308.56 28 7.25%
4 SG Corporate & Investment Banking 10,021.99 35 6.43%
5 Credit Agricole CIB 8,536.95 25 5.48%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
1 BNP Paribas 5,691.31 17 11.49%
2 Natixis 4,198.16 13 8.48%
3 UniCredit 3,603.51 13 7.28%
4 Barclays 3,031.55 10 6.12%
5 HSBC 2,631.99 9 5.32%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 418.21 431 9.43%
2 Bank of America Merrill Lynch 353.19 422 7.96%
3 Goldman Sachs 306.78 341 6.92%
4 Citi 287.06 417 6.47%
5 Barclays 260.45 382 5.87%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
1 HSBC 3,914.06 9 0.00%
2 BNP Paribas 2,683.11 7 0.00%
3 Bank of America Merrill Lynch 2,623.53 8 0.00%
4 SG Corporate & Investment Banking 2,416.45 7 0.00%
5 UBS 2,049.79 9 0.00%