Banks vie to please VW in tight taps of three, seven years

Volkswagen showed the keenness of both borrowers and investors to engage in corporate bond transactions this week, when it raised €750m with two separately executed taps of the three and seven year bonds it launched on January 10.

  • 03 Feb 2012
"There is obviously tons of appetite for the auto makers," said one banker. "It’s staggering how much they have been able to fund this year."Investors sometimes resent an early tap of a bond if it causes the pricing on the existing notes to widen, but there was little ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2016
1 Bank of America Merrill Lynch 85,357.26 302
2 JPMorgan 83,566.68 302
3 Citi 73,987.37 292
4 Deutsche Bank 61,532.58 210
5 Barclays 59,732.29 221

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Jul 2016
1 BNP Paribas 14,516.27 67 3.56%
2 Deutsche Bank 14,101.80 45 3.46%
3 Bank of America Merrill Lynch 13,644.72 41 3.35%
4 SG Corporate & Investment Banking 12,853.37 61 3.16%
5 Citi 12,614.17 46 3.10%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 Jul 2016
1 Goldman Sachs 4,963.81 24 5.61%
2 Deutsche Bank 4,900.09 29 5.54%
3 Citi 3,603.80 11 4.07%
4 Barclays 2,980.55 17 3.37%
5 BNP Paribas 2,506.56 26 2.83%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 JPMorgan 16,570.16 112
2 Bank of America Merrill Lynch 14,670.75 93
3 Citi 13,217.68 86
4 Goldman Sachs 13,006.56 80
5 Barclays 11,662.09 72

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Jul 2016
1 Deutsche Bank 15,017.11 35 3.13%
2 BNP Paribas 14,498.91 57 3.02%
3 Barclays 13,463.46 36 2.81%
4 Citi 12,598.11 47 2.63%
5 SG Corporate & Investment Banking 12,595.37 55 2.63%