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BZ WBK launches $1.6bn re-IPO

Books were opened for a Z4.8bn-Z5.4bn ($1.5bn-$1.7bn) re-IPO of Bank Zachodni WBK on Monday with sellers KBC and Santander pressing ahead with the four-day sale that they hope is isolated from market volatility across Europe. The stock should be a must-have for Poland’s domestic pension funds and offers a discount to the main listed peers Pekao and PKO Bank Polski.

  • 18 Mar 2013

The deal comprises up to 21.36% of Poland’s third largest bank. KBC is selling its entire 16.17% stake (15.12m shares) and Santander is selling at least 0.21% (0.195m shares) to take the free-float to the minimum mandated 25%, and potentially another 5.19% (4.85m shares).

The Spanish bank has ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Feb 2015
1 Barclays 3,248.30 16 7.64%
2 Natixis 2,824.44 16 6.64%
3 HSBC 2,641.21 12 6.21%
4 BNP Paribas 2,476.22 11 5.82%
5 Commerzbank Group 2,430.29 11 5.72%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,882.00 54 0.00%
2 Citi 17,438.05 62 0.00%
3 Morgan Stanley 15,560.93 43 0.00%
4 Goldman Sachs 14,767.01 55 0.00%
5 Deutsche Bank 14,022.27 53 0.00%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 920.18 2 29.77%
2 UBS 590.25 1 19.10%
2 Goldman Sachs 590.25 1 19.10%
4 Westpac 329.93 1 10.68%
4 Citi 329.93 1 10.68%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 7,933.05 23 10.64%
2 Goldman Sachs 6,929.21 16 9.29%
3 SG Corporate & Investment Banking 6,674.20 16 8.95%
4 BNP Paribas 5,253.61 10 7.05%
5 Credit Agricole CIB 5,201.56 11 6.98%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Feb 2015
1 BNP Paribas 2,218.30 8 9.58%
2 HSBC 2,002.50 8 8.65%
3 Natixis 1,960.01 9 8.47%
4 Commerzbank Group 1,794.02 7 7.75%
5 Barclays 1,567.50 6 6.77%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 184.92 186 8.03%
2 Goldman Sachs 172.79 152 7.50%
3 Morgan Stanley 150.52 232 6.53%
4 Citi 130.14 198 5.65%
5 Deutsche Bank 112.67 211 4.89%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 24 Feb 2015
1 UBS 3,578.91 2 23.03%
2 Deutsche Bank 2,034.58 4 13.09%
3 SG Corporate & Investment Banking 1,773.51 4 11.41%
4 BNP Paribas 1,755.03 3 11.29%
5 JPMorgan 1,048.58 5 6.75%