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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
  • 26 Jan 2015
1 Morgan Stanley 8,039.46 30 8.53%
2 Citi 6,902.25 26 7.33%
3 JPMorgan 5,590.37 28 5.93%
4 Barclays 5,552.04 29 5.89%
5 Bank of America Merrill Lynch 5,053.13 22 5.36%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Jan 2015
1 SG Corporate & Investment Banking 2,868.31 9 6.02%
2 HSBC 2,165.06 9 4.54%
3 Barclays 1,886.97 6 3.96%
4 Deutsche Bank 1,694.69 4 3.56%
5 BNP Paribas 1,656.42 9 3.48%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 27 Jan 2015
1 Morgan Stanley 881.07 4 16.99%
2 Deutsche Bank 624.35 4 12.04%
3 Credit Suisse 553.85 4 10.68%
4 ING 387.93 3 7.48%
5 BNP Paribas 379.64 3 7.32%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Jan 2015
1 Barclays 1,928.42 13 14.39%
2 Citi 1,585.56 11 11.83%
3 Morgan Stanley 1,275.70 11 9.52%
4 RBC Capital Markets 1,221.99 9 9.12%
5 Credit Suisse 1,038.55 7 7.75%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Jan 2015
1 SG Corporate & Investment Banking 2,455.66 8 12.32%
2 Barclays 1,309.76 4 6.57%
3 JPMorgan 1,273.66 7 6.39%
4 HSBC 1,232.67 7 6.19%
5 BNP Paribas 1,219.31 8 6.12%