Investors rush in for surprisingly small EDP sale

Spanish utility Iberdrola sold a surprisingly small stake in Portuguese peer Energias de Portugal on Tuesday evening, with investors leaping to get into the liquidity event after the Spanish firm had been quietly selling down its stake through the market.

  • By Andrew Griffin
  • 12 Feb 2014
Iberdrola has long been expected to sell its stake in EDP, with many expecting a deal of $800m. But after UBS took the deal to the seller in response to reverse enquiries, it emerged that the firm had been disposing of its stake through derivatives and secondary trading ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 35,941.13 111 8.93%
2 Barclays 31,588.47 86 7.85%
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4 Bank of America Merrill Lynch 27,706.86 75 6.88%
5 HSBC 21,949.38 82 5.45%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

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  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
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4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%