Dewa to issue $1bn sukuk this month, picks banks

Dubai Electricity & Water Authority has mandated banks as it looks to issue up to $1bn of sukuk this month. The state owned utility company has asked Abu Dhabi Islamic Bank, Citi, Dubai Islamic Bank, Emirates NBD, Royal Bank of Scotland and Standard Chartered to arrange the sale.

  • 20 Feb 2013
Dewa will use proceeds of the sukuk to refinance existing debt that is due to mature in June. The company will hold meetings next week with investors in London, Asia and possibly the US, said one UAE-based portfolio manager, who added that Middle East meetings will not be ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 19,181.02 86 7.20%
2 Citi 17,776.15 84 6.67%
3 Bank of America Merrill Lynch 17,204.49 82 6.46%
4 Deutsche Bank 16,868.52 64 6.33%
5 Barclays 13,437.17 55 5.04%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 3,852.38 18 10.19%
2 Deutsche Bank 3,171.67 10 8.39%
3 SG Corporate & Investment Banking 2,312.36 15 6.12%
4 Barclays 2,275.06 13 6.02%
5 Citi 2,127.92 14 5.63%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
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  • 14 Feb 2017
1 Credit Suisse 1,022.91 14 9.38%
2 Deutsche Bank 975.14 10 8.94%
3 Bank of America Merrill Lynch 875.05 8 8.02%
4 Citi 847.97 7 7.77%
5 HSBC 789.16 11 7.23%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 14 Feb 2017
1 JPMorgan 5,218.36 38 11.12%
2 Bank of America Merrill Lynch 3,911.34 36 8.33%
3 Credit Suisse 3,673.68 24 7.83%
4 Citi 3,657.00 24 7.79%
5 Jefferies LLC 3,166.33 8 6.75%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 BNP Paribas 4,414.96 20 8.76%
2 Deutsche Bank 3,885.95 11 7.71%
3 Citi 2,757.38 15 5.47%
4 Credit Suisse 2,528.25 11 5.01%
5 JPMorgan 2,329.39 11 4.62%