Irish HY risk returns with Viridian at 12%

Electricity and gas company Viridian brought a hefty dose of Irish economic risk back to the European high yield market on Thursday, when it became the first company from the country to sell a debut high yield bond since the country's bailout in November 2010.

  • 02 Mar 2012
Irish companies including dairy group Glanbia and Irish Food Processors have borrowed in dollars since then, but corporate issuance in euros has all but dried up. Only Ardagh Packaging, a high yield glass maker, had issued until January, when Baa1/BBB+ rated building materials group CRH raised €500m in ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Aug 2017
1 JPMorgan 107,466.13 472 6.99%
2 Bank of America Merrill Lynch 96,739.82 441 6.29%
3 Citi 87,828.33 443 5.71%
4 Barclays 71,745.20 307 4.67%
5 Deutsche Bank 71,103.84 287 4.63%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Aug 2017
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
  • 15 Aug 2017
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
  • 15 Aug 2017
1 JPMorgan 24,048.19 185 10.98%
2 Citi 19,193.03 146 8.76%
3 Bank of America Merrill Lynch 17,906.11 157 8.17%
4 Goldman Sachs 15,915.08 114 7.27%
5 Barclays 15,416.88 101 7.04%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Aug 2017
1 Deutsche Bank 20,529.33 63 6.95%
2 HSBC 19,637.33 84 6.64%
3 BNP Paribas 19,346.82 88 6.55%
4 Barclays 19,276.49 80 6.52%
5 Citi 17,718.43 69 6.00%