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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
  • 07 Jul 2014
1 JPMorgan 79,965.73 380 6.45%
2 Citi 71,575.04 350 5.77%
3 Bank of America Merrill Lynch 67,436.62 333 5.44%
4 Deutsche Bank 62,916.71 310 5.07%
5 Barclays 57,787.93 283 4.66%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Jul 2014
1 BNP Paribas 16,589.28 80 0.00%
2 HSBC 16,119.74 68 0.00%
3 SG Corporate & Investment Banking 15,377.06 72 0.00%
4 Deutsche Bank 12,904.01 52 0.00%
5 Barclays 10,561.27 44 0.00%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 01 Jul 2014
1 Deutsche Bank 8,237.71 48 4.89%
2 JPMorgan 6,093.23 50 3.62%
3 Credit Suisse 5,959.32 44 3.54%
4 Barclays 5,776.38 35 3.43%
5 BNP Paribas 5,494.21 43 3.26%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Jul 2014
1 JPMorgan 20,713.98 154 10.62%
2 Citi 17,944.97 124 9.20%
3 Credit Suisse 16,111.66 104 8.26%
4 Morgan Stanley 15,674.44 107 8.04%
5 Bank of America Merrill Lynch 15,436.14 126 7.91%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Jul 2014
1 HSBC 16,643.33 84 0.00%
2 BNP Paribas 16,070.17 82 0.00%
3 SG Corporate & Investment Banking 15,952.96 76 0.00%
4 Barclays 14,887.03 65 0.00%
5 Citi 13,931.08 64 0.00%
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