National Grid gets €500m via new US issuing entity

National Grid, the UK power and gas networks operator, raised €500m on Tuesday with its first benchmark euro issue since May 2011.

  • 15 Feb 2013

Led by Deutsche Bank, ING and Société Générale, the sale was a success by the cooler standards of markets this week, with a €1bn book and new issue premium variously estimated at 5bp to 10bp.

National Grid has a complex organigramme, with lots of issuing vehicles. This week’s five ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Aug 2017
1 JPMorgan 107,466.13 472 6.99%
2 Bank of America Merrill Lynch 96,739.82 441 6.29%
3 Citi 87,828.33 443 5.71%
4 Barclays 71,745.20 307 4.67%
5 Deutsche Bank 71,103.84 287 4.63%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Aug 2017
1 BNP Paribas 20,196.33 86 8.95%
2 Barclays 17,722.23 65 7.85%
3 Deutsche Bank 15,688.73 60 6.95%
4 HSBC 13,777.20 59 6.11%
5 SG Corporate & Investment Banking 12,521.92 64 5.55%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 15 Aug 2017
1 JPMorgan 5,262.65 41 8.27%
2 Goldman Sachs 4,580.64 36 7.20%
3 Deutsche Bank 4,249.17 39 6.67%
4 Barclays 3,956.08 33 6.21%
5 Credit Suisse 3,928.87 43 6.17%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Aug 2017
1 JPMorgan 24,048.19 185 10.98%
2 Citi 19,193.03 146 8.76%
3 Bank of America Merrill Lynch 17,906.11 157 8.17%
4 Goldman Sachs 15,915.08 114 7.27%
5 Barclays 15,416.88 101 7.04%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Aug 2017
1 Deutsche Bank 20,529.33 63 6.95%
2 HSBC 19,637.33 84 6.64%
3 BNP Paribas 19,346.82 88 6.55%
4 Barclays 19,276.49 80 6.52%
5 Citi 17,718.43 69 6.00%