Goldman, DB fee winners in $17bn Apple tour-de-force

If the hallmark style of Apple’s products is effortless cool, it cultivated the same image in the bond market this week with a $17bn issue that calmly broke the record for the world’s biggest corporate deal, achieving a monumental book of $52bn in just three hours.

  • 03 May 2013

More than 740 investors, including big players in Europe and Asia, put in around 2,000 orders. The biggest buyer wanted $1.56bn.

The deal wowed almost all observers in the bond market, convincing even investors with qualms about Apple’s credit in the long term to buy into the shorter notes. ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@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
  • 13 Feb 2017
1 JPMorgan 17,319.47 78 7.51%
2 Bank of America Merrill Lynch 15,206.03 74 6.60%
3 Citi 14,973.35 73 6.49%
4 Deutsche Bank 12,727.58 55 5.52%
5 Barclays 12,559.96 50 5.45%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 3,852.38 18 10.19%
2 Deutsche Bank 3,171.67 10 8.39%
3 SG Corporate & Investment Banking 2,312.36 15 6.12%
4 Barclays 2,275.06 13 6.02%
5 Citi 2,127.92 14 5.63%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 Credit Suisse 1,022.91 14 9.38%
2 Deutsche Bank 975.14 10 8.94%
3 Bank of America Merrill Lynch 875.05 8 8.02%
4 Citi 847.97 7 7.77%
5 HSBC 789.16 11 7.23%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 JPMorgan 5,218.36 38 11.12%
2 Bank of America Merrill Lynch 3,911.34 36 8.33%
3 Credit Suisse 3,673.68 24 7.83%
4 Citi 3,657.00 24 7.79%
5 Jefferies LLC 3,166.33 8 6.75%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 4,414.96 20 8.76%
2 Deutsche Bank 3,885.95 11 7.71%
3 Citi 2,757.38 15 5.47%
4 Credit Suisse 2,528.25 11 5.01%
5 JPMorgan 2,329.39 11 4.62%