Retailers find Swiss allure hard to resist

Two borrowers returning after absences of up to 14 years underscored the Swiss franc market’s appeal for lower rated corporates this week. German supermarket group Metro tapped Swiss investors for the first time since the late 1990s, while domestic kiosk retailer Valora reappeared after seven years away.

  • 03 Feb 2012

"The Swiss franc market is ideal for issuing complementary deals," said Hans-Dieter Hinker, head of group financing at Metro. "It is a small, specialised sector which can be very interesting also for other triple-Bs like us."

The market met the criteria of Metro’s new funding strategy. The company plans ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 22 Aug 2016
1 Bank of America Merrill Lynch 98,466.97 356 6.42%
2 JPMorgan 95,815.66 355 6.25%
3 Citi 84,041.38 335 5.48%
4 Deutsche Bank 70,383.91 247 4.59%
5 Barclays 69,594.14 258 4.54%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 23 Aug 2016
1 BNP Paribas 15,981.42 72 7.49%
2 Deutsche Bank 15,526.98 48 7.28%
3 Bank of America Merrill Lynch 14,438.78 43 6.77%
4 SG Corporate & Investment Banking 13,406.34 64 6.28%
5 Barclays 13,198.29 43 6.18%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
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  • 23 Aug 2016
1 Goldman Sachs 5,027.09 25 10.62%
2 Deutsche Bank 5,009.34 30 10.58%
3 Citi 4,119.78 13 8.70%
4 Barclays 3,601.58 19 7.61%
5 JPMorgan 2,803.14 20 5.92%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 23 Aug 2016
1 JPMorgan 19,799.61 146 11.07%
2 Bank of America Merrill Lynch 17,389.63 118 9.72%
3 Barclays 15,694.41 95 8.77%
4 Goldman Sachs 15,523.50 95 8.68%
5 Deutsche Bank 15,320.36 90 8.56%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Aug 2016
1 Deutsche Bank 16,642.28 39 6.47%
2 BNP Paribas 16,468.78 63 6.40%
3 Barclays 15,749.42 43 6.12%
4 HSBC 13,691.31 58 5.32%
5 SG Corporate & Investment Banking 13,148.34 58 5.11%