Hard work pays off for SEC in landmark 30yr sukuk

The sukuk market had its eyes opened to an expansive new landscape this week, as Saudi Electricity Company defied the doubters to bring the first ever benchmark dollar 30 year tranche, writes Dan Alderson.

  • 28 Mar 2013
The deal, led by Deutsche Bank and HSBC, was immediately hailed as a triumph and a new benchmark for other Islamic issuers. SEC’s achievement was considered all the more remarkable for having seen the issuer price the $1bn of 30 year notes — alongside another $1bn 10 year ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 129,269.31 559 7.25%
2 Bank of America Merrill Lynch 116,844.07 527 6.55%
3 Citi 102,446.44 529 5.74%
4 Goldman Sachs 85,119.89 347 4.77%
5 Barclays 80,200.18 348 4.49%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 22,124.11 100 8.73%
2 Barclays 19,647.01 74 7.76%
3 Deutsche Bank 17,369.20 70 6.86%
4 HSBC 15,446.24 67 6.10%
5 SG Corporate & Investment Banking 14,434.81 77 5.70%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,335.13 43 7.91%
2 Goldman Sachs 4,721.48 37 7.00%
3 Deutsche Bank 4,563.62 43 6.77%
4 Credit Suisse 4,353.57 48 6.46%
5 Barclays 4,075.90 34 6.05%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,677.53 209 10.82%
2 Citi 20,598.64 163 8.36%
3 Bank of America Merrill Lynch 20,434.33 181 8.29%
4 Goldman Sachs 18,169.20 130 7.37%
5 Morgan Stanley 17,353.91 102 7.04%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 22,260.86 71 6.71%
2 HSBC 21,999.17 96 6.64%
3 Barclays 21,487.74 90 6.48%
4 BNP Paribas 20,967.30 101 6.32%
5 Citi 18,975.16 77 5.72%