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Corp Bonds

Ex-junker TDC concedes just 5bp on tight €500m 10yr

TDC, the Danish telecoms company, returned to the bond market on Thursday after a year’s absence with a €500m 10 year bond with an unusually tight new issue premium, a deal that was eagerly welcomed by investors and ensconced the company still more firmly as a solid investment grade borrower.

  • 24 Feb 2012

Led by Deutsche Bank, JP Morgan and Morgan Stanley, the deal was much more modest than TDC’s last outing in February 2011, a strategic transaction comprising €800m of four year bonds, €800m of seven years and a £550m 12 year.

That bond was designed to allow TDC to repay ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 JPMorgan 77,239.44 298 7.95%
2 Bank of America Merrill Lynch 71,756.73 289 7.39%
3 Barclays 55,857.87 214 5.75%
4 Citi 54,503.02 254 5.61%
5 Morgan Stanley 53,922.12 233 5.55%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • 19 May 2015
1 Barclays 15,102.26 45 4.81%
2 HSBC 12,643.01 57 4.03%
3 BNP Paribas 12,548.63 66 4.00%
4 Deutsche Bank 12,254.16 44 3.90%
5 SG Corporate & Investment Banking 10,181.32 44 3.24%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
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  • 19 May 2015
1 Deutsche Bank 4,210.17 31 3.91%
2 Credit Suisse 3,929.31 25 3.65%
3 JPMorgan 3,869.32 29 3.60%
4 Barclays 3,287.19 22 3.05%
5 Citi 3,279.97 20 3.05%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 JPMorgan 16,946.91 98 10.45%
2 Bank of America Merrill Lynch 14,364.85 107 8.86%
3 Deutsche Bank 13,667.29 84 8.43%
4 Goldman Sachs 13,297.24 76 8.20%
5 Credit Suisse 12,272.50 80 7.57%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 Barclays 16,058.12 43 4.87%
2 HSBC 12,048.46 51 3.65%
3 SG Corporate & Investment Banking 10,140.95 41 3.07%
4 BNP Paribas 9,908.10 54 3.00%
5 Deutsche Bank 9,904.47 36 3.00%