Faurecia raises €220m amid equity-linked boom

Equity-linked investors bought $2.2bn of paper from EMEA issuers last week, and with several of the deals performing only sluggishly despite a continued equity market rally, there were some fears that the market might shut as quickly as it opened. But on Monday French car parts firm Faurecia raised €220m from a new Oceane that was priced at the tight end of terms and traded up a point in the grey.

  • 10 Sep 2012

Global co-ordinator Société Générale and joint bookrunners BNP Paribas, Credit Agricole, Lazard-Natixis and SG had conducted some limited pre-sounding on Friday. That was to give reassurance that, particularly after the run of new issuance, the market would be receptive to another transaction, said one banker.

“Issuing clients need to ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 317,691.74 1201 8.90%
2 JPMorgan 291,227.96 1326 8.16%
3 Bank of America Merrill Lynch 285,088.11 991 7.99%
4 Goldman Sachs 217,749.25 714 6.10%
5 Barclays 209,291.80 811 5.87%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 32,320.82 147 6.67%
2 Deutsche Bank 32,259.50 104 6.66%
3 Bank of America Merrill Lynch 28,890.43 85 5.96%
4 BNP Paribas 25,663.29 144 5.30%
5 Credit Agricole CIB 22,617.86 130 4.67%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18,160.85 71 9.15%
2 Morgan Stanley 15,215.44 76 7.67%
3 UBS 14,195.29 55 7.15%
4 Citi 14,014.57 86 7.06%
5 Goldman Sachs 12,113.98 67 6.10%