dcsimg
Corp Bonds

GE skips US holiday to raise tight €1.25bn

GE Capital chose Presidents’ Day to launch its first fixed rate benchmark bond in euros for nearly a year, and was rewarded for working overtime with €1.25bn at what bankers said was a tight spread.

  • 24 Feb 2012

Although the US holiday was one reason bankers cited for why European issuers stayed out of the market on Monday, GE found plenty of European investors at their desks — enough to amass a book of "well over €4bn", according to one of the leads.

The US industrial and ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 May 2015
1 JPMorgan 72,725.93 281 7.93%
2 Bank of America Merrill Lynch 68,136.68 268 7.43%
3 Barclays 52,467.74 204 5.72%
4 Morgan Stanley 50,990.96 222 5.56%
5 Citi 49,629.93 241 5.41%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 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 %
  • Last updated
  • 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 %
  • Last updated
  • 19 May 2015
1 JPMorgan 16,515.10 95 10.59%
2 Bank of America Merrill Lynch 13,984.85 104 8.97%
3 Deutsche Bank 12,783.79 79 8.20%
4 Credit Suisse 12,272.50 80 7.87%
5 Goldman Sachs 12,105.57 72 7.76%

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%