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Corp Bonds

Investors unfazed by ‘pure Italy risk’ in peripheral Europe corporate rally

The recovery of Europe’s credit appetite forged ahead this week as several southern European borrowers found rampant demand for their bond issues and new issue premiums for many kinds of borrower tightened.

  • 03 Feb 2012

On Thursday the bull run passed an important milestone, with a highly successful €1bn seven year bond by Atlantia, the Italian toll road company. Unlike most peripheral issuers in recent months, Atlantia’s revenues come almost entirely from its home country.

"It’s the first deal offering pure Italy risk," ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Jul 2015
1 JPMorgan 106,682.61 420
2 Bank of America Merrill Lynch 99,006.52 399
3 Deutsche Bank 72,721.38 301
4 Morgan Stanley 71,744.94 318
5 Citi 71,657.56 345

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2015
1 Barclays 17,257.25 60 8.65%
2 BNP Paribas 16,690.87 90 8.37%
3 HSBC 16,069.57 77 8.06%
4 Deutsche Bank 15,176.46 58 7.61%
5 SG Corporate & Investment Banking 13,054.53 72 6.55%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 28 Jul 2015
1 JPMorgan 6,553.35 48 9.05%
2 Deutsche Bank 5,964.39 50 8.24%
3 Credit Suisse 4,472.02 31 6.18%
4 Morgan Stanley 4,335.38 30 5.99%
5 BNP Paribas 4,314.52 38 5.96%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2015
1 JPMorgan 20,878.79 132 10.47%
2 Bank of America Merrill Lynch 18,020.65 138 9.04%
3 Deutsche Bank 17,288.03 108 8.67%
4 Goldman Sachs 16,635.20 100 8.34%
5 Citi 15,000.72 106 7.52%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2015
1 Barclays 18,517.67 58 8.74%
2 HSBC 16,250.80 69 7.67%
3 SG Corporate & Investment Banking 14,014.97 68 6.61%
4 BNP Paribas 13,940.59 72 6.58%
5 Deutsche Bank 12,653.22 45 5.97%