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Corp Bonds

Dana mulls lengthy restructuring as $1bn sukuk maturity looms

Sharjah-based Dana Gas looks set to begin a protracted restructuring of its debt with creditors from next week, given that the oil and gas explorer and producer is still to find a solution to its looming sukuk maturity.

  • 25 Oct 2012

The $920m five-year 7.5% convertible deal, issued in 2007 before the financial crisis, is due for repayment on Wednesday, October 31. The notes have traded around a price of 70-80 in recent months, implying a strong possibility of default.

This discounted level is up from its low of ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 JPMorgan 109,658.03 532 6.46%
1 JPMorgan 109,658.03 532 6.46%
2 Bank of America Merrill Lynch 95,410.49 474 5.62%
2 Bank of America Merrill Lynch 95,410.49 474 5.62%
3 Citi 94,013.95 473 5.54%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 BNP Paribas 22,017.72 102 8.49%
2 SG Corporate & Investment Banking 19,309.52 91 7.45%
3 HSBC 17,410.53 78 6.72%
4 Deutsche Bank 17,001.13 68 6.56%
5 Barclays 13,972.91 61 5.39%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 Deutsche Bank 10,072.29 61 9.62%
2 JPMorgan 7,838.70 65 7.48%
3 Credit Suisse 7,350.59 55 7.02%
4 Goldman Sachs 7,026.57 48 6.71%
5 BNP Paribas 6,042.82 50 5.77%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 JPMorgan 27,762.31 186 5.24%
2 Citi 24,460.18 148 4.62%
3 Bank of America Merrill Lynch 22,293.14 174 4.21%
4 Credit Suisse 21,140.21 139 3.99%
5 Goldman Sachs 20,848.11 116 3.94%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 BNP Paribas 21,051.10 104 0.00%
2 HSBC 20,485.44 108 0.00%
3 SG Corporate & Investment Banking 20,129.83 97 0.00%
4 RBS 19,135.66 97 0.00%
5 Barclays 18,756.75 88 0.00%