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Corp Bonds

Corporates in charge as rally builds despite insecurities

Investors’ eagerness to buy European corporate bonds has become so hot that bankers are beginning to declare it an issuer’s market. Yet some still feel the rally is fragile — that investors are buying because they have to, rather than out of real confidence.

  • 24 Feb 2012

This week brought €5.2bn of deals in euros, including a cross-over credit, an Italian car finance company and a sub-benchmark issue — all no-nos for investors before Christmas.

Virtually all the deals were several times oversubscribed, enabling the leads to tighten guidance and price at the tight end of ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 01 Sep 2014
1 JPMorgan 92,696.58 446 6.38%
2 Citi 80,426.15 393 5.54%
3 Bank of America Merrill Lynch 80,001.45 392 5.51%
4 Deutsche Bank 69,325.97 350 4.77%
5 Morgan Stanley 66,416.23 383 4.57%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 18,147.05 86 8.60%
2 HSBC 16,394.52 71 7.77%
3 SG Corporate & Investment Banking 15,779.60 76 7.48%
4 Deutsche Bank 13,243.63 55 6.27%
5 Barclays 11,114.66 48 5.27%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 10,005.72 59 10.06%
2 JPMorgan 7,323.01 59 7.36%
3 Credit Suisse 7,273.62 54 7.31%
4 Goldman Sachs 6,726.44 45 6.76%
5 Barclays 5,953.89 37 5.98%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Sep 2014
1 JPMorgan 22,051.66 170 9.77%
2 Citi 20,503.82 141 9.09%
3 Credit Suisse 18,946.67 121 8.40%
4 Bank of America Merrill Lynch 18,224.95 146 8.08%
5 Goldman Sachs 17,882.93 99 7.92%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 18,140.51 92 3.39%
2 BNP Paribas 17,464.76 88 3.27%
3 SG Corporate & Investment Banking 16,739.96 82 3.13%
4 Barclays 15,497.46 70 2.90%
5 Citi 14,117.62 65 2.64%