Eurochem makes splash on re-entry with $5bn book

Investors flocked to Eurochem's five year return to the bond market, taking pricing to a 5.125% yield, the tight end of guidance. The issue of $750m 2017s, priced at par, has showcased the demand for non-blue chip Russian corporates.

  • 06 Dec 2012

The deal was Eurochem's first since 2007 and was arranged by Barclays, BNP Paribas, Citi and Sberbank.

“The company is an old favourite but an infrequent issuer, and investors that have been working in the markets since 2007 were very happy to see it active again,” said Nick Darrant, ...

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
  • Today
1 JPMorgan 130,469.93 567 7.21%
2 Bank of America Merrill Lynch 117,747.75 535 6.51%
3 Citi 103,173.07 535 5.70%
4 Goldman Sachs 85,407.58 350 4.72%
5 Barclays 80,829.81 352 4.47%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 22,478.98 101 8.71%
2 Barclays 19,796.44 75 7.67%
3 Deutsche Bank 17,616.63 72 6.83%
4 HSBC 15,843.10 70 6.14%
5 SG Corporate & Investment Banking 14,434.81 77 5.60%

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 27,103.08 212 10.83%
2 Citi 21,001.57 166 8.39%
3 Bank of America Merrill Lynch 20,920.58 185 8.36%
4 Goldman Sachs 18,379.20 132 7.34%
5 Morgan Stanley 17,410.41 103 6.96%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 22,857.42 74 6.70%
2 HSBC 22,396.75 99 6.56%
3 Barclays 21,691.19 94 6.36%
4 BNP Paribas 21,322.17 102 6.25%
5 Citi 19,362.38 80 5.68%