Rates vol throws off €200m Meridian IPO

The until-now resilient European IPO market saw its first postponement of the season on Monday, as Meridian, a Dutch REIT, cancelled a €200m Warsaw IPO amid a fixed income and equity market sell-off.

  • By Andrew Griffin
  • 24 Jun 2013

Volatility across fixed income markets meant that determining appropriate yields for pricing became difficult. The stock was expected to pay around 7%-9%.

“There was strong interest — a deal could have been done, but it would have been very cheap,” said one banker. “Investors just aren’t sure what pricing is appropriate as bond ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 24 Jul 2017
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 25,935.16 104 7.16%
2 Deutsche Bank 25,125.19 81 6.94%
3 Bank of America Merrill Lynch 22,023.57 59 6.08%
4 BNP Paribas 19,315.94 110 5.34%
5 Credit Agricole CIB 18,706.93 106 5.17%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 JPMorgan 12,578.87 55 8.17%
2 Citi 11,338.07 71 7.36%
3 UBS 10,682.06 44 6.93%
4 Goldman Sachs 10,419.53 53 6.76%
5 Morgan Stanley 10,194.88 57 6.62%