US HY market hot for Spain’s Ono, Codere

The US high yield market was as hot this week as it has been all year. Investors have cash to invest and are happy to buy even peripheral European names like Spain’s Grupo Corporativo Ono.

  • 03 Feb 2012

"Ono was a blowout, that was a surprise," said a high yield investor in New York, adding that US accounts have a lot of cash to put to work.

The cable operator raised $1bn of December 2018 bonds, $600m more than planned. The notes complement its €1bn 8.875% senior ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Sep 2016
1 Bank of America Merrill Lynch 117,559.29 446 6.40%
2 JPMorgan 111,827.51 442 6.09%
3 Citi 98,476.57 400 5.36%
4 Deutsche Bank 81,615.02 306 4.45%
5 Barclays 80,736.71 307 4.40%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,899.18 89 7.93%
2 Deutsche Bank 18,875.22 64 7.52%
3 Bank of America Merrill Lynch 17,051.36 58 6.79%
4 Barclays 15,424.93 54 6.15%
5 SG Corporate & Investment Banking 15,117.59 75 6.02%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 14,498.54 102 8.95%
2 JPMorgan 12,096.76 87 7.47%
3 Goldman Sachs 11,582.48 76 7.15%
4 Barclays 11,250.50 70 6.95%
5 Citi 10,901.13 54 6.73%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,053.45 171 10.75%
2 Bank of America Merrill Lynch 20,324.19 141 9.91%
3 Barclays 17,795.18 110 8.67%
4 Citi 17,522.90 127 8.54%
5 Deutsche Bank 17,333.36 103 8.45%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 23,100.71 84 6.83%
2 Deutsche Bank 20,691.09 55 6.12%
3 Barclays 20,516.32 56 6.07%
4 Citi 18,079.39 66 5.35%
5 HSBC 17,156.12 72 5.08%