dcsimg
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," ...

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 call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2014
1 JPMorgan 86,791.42 415 6.47%
2 Citi 76,642.25 375 5.72%
3 Bank of America Merrill Lynch 72,024.85 354 5.37%
4 Deutsche Bank 66,225.50 331 4.94%
5 Morgan Stanley 61,912.67 355 4.62%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 BNP Paribas 17,278.59 84 8.42%
2 HSBC 16,383.63 70 7.98%
3 SG Corporate & Investment Banking 15,584.55 73 7.60%
4 Deutsche Bank 13,243.63 55 6.45%
5 Barclays 11,114.66 48 5.42%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 Deutsche Bank 9,227.90 55 9.59%
2 JPMorgan 7,323.01 59 7.61%
3 Credit Suisse 6,858.16 51 7.13%
4 Goldman Sachs 6,124.59 43 6.37%
5 Barclays 5,953.89 37 6.19%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 JPMorgan 21,676.73 165 10.01%
2 Citi 19,711.35 134 9.11%
3 Credit Suisse 18,146.20 116 8.38%
4 Goldman Sachs 17,205.70 95 7.95%
5 Bank of America Merrill Lynch 17,161.56 140 7.93%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 HSBC 17,845.05 89 6.90%
2 BNP Paribas 16,596.30 86 6.42%
3 SG Corporate & Investment Banking 16,328.81 79 6.32%
4 Barclays 15,497.46 70 5.99%
5 RBS 13,920.32 72 5.38%
Z