Odebrecht rigs to drill for secured bonds

Brazilian conglomerate Odebrecht is looking to take advantage of the desire by the Brazilian government and Petrobras to develop the local oil and gas industry to issue up to $1.88bn of senior-secured 144A/Reg-S bonds backed by flows from ultra deep water drilling contracts.

  • 28 May 2013

Odebrecht’s oil and gas arm Odebrecht Oleo e Gas will issue the amortising bonds — with a final maturity of October 2022 and expected rating of Baa3/BBB/BBB — through Odebrecht Offshore Drilling Finance.

Global co-ordinators HSBC, Itaú and Morgan Stanley are taking the borrower on a roadshow, which ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 JPMorgan 39,814.04 178 7.25%
2 Citi 35,583.54 163 6.48%
3 Bank of America Merrill Lynch 33,128.31 166 6.03%
4 Deutsche Bank 32,622.38 127 5.94%
5 Barclays 28,217.98 111 5.14%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 10,063.23 39 10.44%
2 Deutsche Bank 7,581.17 26 7.87%
3 Barclays 7,452.71 29 7.73%
4 Citi 6,359.33 30 6.60%
5 SG Corporate & Investment Banking 5,938.68 31 6.16%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 Deutsche Bank 2,542.35 21 5.18%
2 Citi 2,517.98 12 5.13%
3 JPMorgan 2,141.79 16 4.36%
4 Bank of America Merrill Lynch 1,908.90 13 3.89%
5 Barclays 1,669.70 12 3.40%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 JPMorgan 11,383.58 79 12.23%
2 Citi 8,914.80 58 9.57%
3 Bank of America Merrill Lynch 8,622.57 70 9.26%
4 Goldman Sachs 6,879.73 47 7.39%
5 Credit Suisse 5,616.83 41 6.03%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 10,979.56 42 9.02%
2 Citi 8,715.78 34 7.16%
3 Deutsche Bank 8,354.58 27 6.86%
4 Barclays 6,669.09 26 5.48%
5 SG Corporate & Investment Banking 5,964.95 31 4.90%