Corporate, FIG bond boom set to roll into next week as deal pipeline swells

Bankers are looking forward to another heavy burst of corporate and financial institution bond issuance on Monday and Tuesday, after a remarkable week in which investors poured cash into the market, particularly lifting peripheral European bonds and weaker credits, write Jon Hay and Katie Llanos-Small.

  • 07 Sep 2012

European investment grade firms raised €9bn in 12 core currency Eurobonds including €2.4bn from Ireland, Italy and Spain, while four high yield issuers extracted €1.3bn.

Financial institutions have enjoyed sustained tightening in their senior unsecured spreads since late July. That, combined with many borrowers’ strong funding positions, drove investors ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,047.01 40 6.07%
2 UniCredit 7,481.13 60 5.02%
3 Commerzbank Group 6,931.49 43 4.65%
4 BNP Paribas 6,833.59 30 4.58%
5 LBBW 6,443.14 35 4.32%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 85,620.51 342 7.43%
2 Bank of America Merrill Lynch 76,178.35 284 6.61%
3 Citi 73,677.02 443 6.39%
4 Goldman Sachs 71,002.60 390 6.16%
5 JPMorgan 69,036.78 332 5.99%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 63,091.19 343 10.49%
2 Morgan Stanley 62,364.05 246 10.37%
3 Bank of America Merrill Lynch 62,346.53 240 10.36%
4 JPMorgan 57,293.47 256 9.52%
5 Goldman Sachs 54,069.13 322 8.99%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 5,112.50 20 7.18%
2 LBBW 5,014.64 17 7.04%
3 BNP Paribas 4,566.36 14 6.41%
4 Credit Agricole CIB 4,553.92 17 6.39%
5 Commerzbank Group 4,242.73 17 5.95%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 8,483.95 21 13.67%
2 HSBC 8,067.77 29 13.00%
3 BNP Paribas 4,145.54 22 6.68%
4 Credit Suisse 4,020.83 20 6.48%
5 Citi 3,992.43 32 6.43%