SNF Floerger sells €300m bond as S&P raises outlook to positive

SNF Floerger, the French speciality chemicals company, sold its high yield bond today at the increased size of €300m, and at a tight spread. The senior unsecured bond issue was enlarged by €50m and priced at par with a 5.5% coupon.

  • 02 Oct 2012
Bookrunners BNP Paribas (left lead) and Crédit Agricole, as well as co-managers Bank of America Merrill Lynch, HSBC and Natixis, released price guidance in the 5.625% area this morning and later tightened it to 5.5%. This came after two days of investor meetings in London and Paris. Books ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 113,694.78 478 7.20%
2 Bank of America Merrill Lynch 103,048.88 448 6.53%
3 Citi 88,841.89 451 5.63%
4 Goldman Sachs 75,640.56 305 4.79%
5 Barclays 72,628.67 312 4.60%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
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
  • Today
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
  • Today
1 JPMorgan 24,067.99 186 10.81%
2 Citi 19,404.77 149 8.71%
3 Bank of America Merrill Lynch 17,997.02 158 8.08%
4 Goldman Sachs 17,038.94 119 7.65%
5 Barclays 15,537.71 103 6.98%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 20,529.33 63 6.93%
2 HSBC 19,637.33 84 6.63%
3 BNP Paribas 19,346.82 88 6.53%
4 Barclays 19,276.49 80 6.51%
5 Citi 17,718.43 69 5.98%