Saudi Electricity Co lines up roadshow for dollar sukuk debut

Saudi Electricity Co (SEC), the kingdom’s national electricity provider, has asked Deutsche Bank and HSBC to arrange investor meetings as it looks to issue its debut international sukuk. Proceeds will be used to support SEC’s expansion plans, as Saudi Arabia struggles to supply uninterrupted electricity against a backdrop of industrial expansion and population boom.

  • 19 Mar 2012

A week long roadshow will begin on Wednesday, March 21 in Hong Kong before proceeding to Singapore, Kuala Lumpur, the UAE and London. Meetings may also be held in Germany and Switzerland.

A dollar denominated benchmark sukuk issue is then expected to follow, subject to market conditions. The ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 JPMorgan 95,916.14 419 7.02%
2 Bank of America Merrill Lynch 84,274.67 386 6.17%
3 Citi 79,024.69 396 5.79%
4 Barclays 64,919.42 275 4.75%
5 Deutsche Bank 61,725.14 258 4.52%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 BNP Paribas 20,079.87 85 9.10%
2 Barclays 17,657.40 65 8.00%
3 Deutsche Bank 15,485.95 59 7.02%
4 HSBC 13,677.26 58 6.20%
5 SG Corporate & Investment Banking 12,319.14 63 5.58%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 JPMorgan 5,262.65 41 8.52%
2 Goldman Sachs 4,273.93 33 6.92%
3 Deutsche Bank 4,249.17 39 6.88%
4 Credit Suisse 3,915.70 42 6.34%
5 Barclays 3,740.83 31 6.05%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 JPMorgan 22,011.32 165 11.16%
2 Citi 17,958.06 133 9.10%
3 Bank of America Merrill Lynch 15,724.51 136 7.97%
4 Barclays 13,657.72 88 6.92%
5 Goldman Sachs 13,596.26 99 6.89%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 BNP Paribas 19,183.41 86 7.11%
2 Deutsche Bank 18,344.32 59 6.80%
3 HSBC 17,459.90 79 6.47%
4 Barclays 17,134.62 76 6.35%
5 Citi 15,489.08 65 5.74%