Equity

African Minerals shrugs off late start for CB

African Minerals re-opened the European equity-linked market on Tuesday with a quick-fire $350m convertible bond that was strongly supported by outright investors and others with conviction about the company’s equity story. Other early-stage miners that are coming into the production stage might also be tempted by the CB product, said one banker.

  • 03 Feb 2012

The £1.7bn AIM listed miner is best known for its Tonkolili iron ore project in Sierra Leone, set to be the country’s biggest employer and largest contributor to GDP.

It launched the CB to bring forward a capacity increase at the mine and to cover revenues from a delayed ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 01 Feb 2016
1 Barclays 32,828.49 74 9.02%
2 Citi 24,327.69 73 6.68%
3 JPMorgan 19,485.37 90 5.35%
4 Bank of America Merrill Lynch 19,402.46 63 5.33%
5 Deutsche Bank 18,951.64 53 5.21%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 SG Corporate & Investment Banking 1,007.03 4 9.22%
2 BNP Paribas 826.35 4 7.56%
3 Credit Agricole CIB 786.20 2 7.20%
4 ING 684.56 3 6.26%
5 Commerzbank Group 659.85 3 6.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Feb 2016
1 UBS 722.88 2 16.74%
2 Deutsche Bank 576.16 4 13.34%
3 Citi 447.50 3 10.36%
4 BNP Paribas 352.81 3 8.17%
5 Credit Agricole CIB 347.03 2 8.04%