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Corp Bonds

Petrobras pummels EM record as book hits $43bn

Petrobras’ $11bn deal this week smashed the record for the largest emerging market bond by $2.8bn. That was impressive enough, but the book of $43bn left bankers certain it could have pushed the boundaries even further, writes Olly West.

  • 17 May 2013

EM professionals saw the ease with which the market absorbed the Brazilian oil company’s bond as evidence of the maturity of the asset class.

"A couple of years ago there were a couple of super big deals in the market like Qatar. Everyone was blown away when they happened," ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 139,011.80 649 6.96%
2 Bank of America Merrill Lynch 117,211.25 561 5.87%
3 Citi 109,281.45 561 5.47%
4 Deutsche Bank 99,333.75 474 4.97%
5 Morgan Stanley 90,030.95 509 4.51%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 BNP Paribas 27,189.76 124 0.00%
2 Deutsche Bank 21,610.88 82 0.00%
3 SG Corporate & Investment Banking 20,705.82 101 0.00%
4 HSBC 19,041.03 86 0.00%
5 Barclays 17,463.56 73 0.00%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 Deutsche Bank 10,942.70 71 9.70%
2 JPMorgan 8,659.61 71 7.68%
3 Credit Suisse 7,596.79 59 6.73%
4 Goldman Sachs 7,373.68 52 6.54%
5 Citi 6,487.29 38 5.75%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 33,033.31 218 10.45%
2 Citi 27,829.02 176 8.80%
3 Bank of America Merrill Lynch 27,378.20 199 8.66%
4 Morgan Stanley 26,056.36 144 8.24%
5 Deutsche Bank 26,017.80 160 8.23%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 BNP Paribas 26,757.44 130 0.00%
2 Barclays 24,121.70 104 0.00%
3 HSBC 23,684.22 121 0.00%
4 SG Corporate & Investment Banking 22,667.56 113 0.00%
5 RBS 21,777.91 114 0.00%