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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  • 19 Sep 2016
1 Bank of America Merrill Lynch 113,774.07 425 6.43%
2 JPMorgan 109,404.73 422 6.18%
3 Citi 95,555.99 385 5.40%
4 Deutsche Bank 79,347.73 291 4.49%
5 Barclays 78,959.53 299 4.46%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 20 Sep 2016
1 BNP Paribas 19,715.04 88 3.97%
2 Deutsche Bank 18,371.85 61 3.70%
3 Bank of America Merrill Lynch 16,635.29 55 3.35%
4 Barclays 15,391.20 53 3.10%
5 SG Corporate & Investment Banking 14,908.41 74 3.00%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
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  • 20 Sep 2016
1 Deutsche Bank 6,313.30 34 10.58%
2 Citi 5,853.99 16 9.81%
3 Goldman Sachs 5,415.14 29 9.07%
4 Barclays 4,764.33 23 7.98%
5 JPMorgan 3,338.62 26 5.59%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Sep 2016
1 JPMorgan 21,535.02 164 5.39%
2 Bank of America Merrill Lynch 19,875.05 135 4.98%
3 Barclays 17,711.85 109 4.43%
4 Deutsche Bank 16,934.50 99 4.24%
5 Citi 16,922.51 120 4.24%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Sep 2016
1 BNP Paribas 22,368.10 81 6.80%
2 Deutsche Bank 20,396.32 53 6.20%
3 Barclays 19,969.91 53 6.07%
4 Citi 17,630.92 65 5.36%
5 HSBC 16,543.43 69 5.03%