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 ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Apr 2017
1 JPMorgan 47,322.39 219 6.97%
2 Citi 42,594.08 210 6.28%
3 Bank of America Merrill Lynch 39,461.35 204 5.82%
4 Deutsche Bank 36,345.71 152 5.36%
5 Barclays 33,878.27 148 4.99%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2017
1 BNP Paribas 10,853.09 45 9.91%
2 Deutsche Bank 8,072.26 30 7.37%
3 Barclays 7,980.08 33 7.29%
4 Citi 7,052.29 36 6.44%
5 SG Corporate & Investment Banking 6,646.16 38 6.07%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 11 Apr 2017
1 Deutsche Bank 2,981.20 25 9.50%
2 Citi 2,705.59 14 8.62%
3 JPMorgan 2,305.05 18 7.35%
4 Bank of America Merrill Lynch 2,082.61 15 6.64%
5 Barclays 2,056.23 15 6.55%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2017
1 JPMorgan 13,963.01 103 11.90%
2 Bank of America Merrill Lynch 11,022.42 92 9.40%
3 Citi 10,519.92 74 8.97%
4 Goldman Sachs 9,044.89 65 7.71%
5 Barclays 7,008.49 47 5.97%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2017
1 BNP Paribas 11,849.34 47 4.05%
2 Citi 10,255.40 43 3.51%
3 Deutsche Bank 9,727.43 31 3.33%
4 Barclays 8,299.70 38 2.84%
5 SG Corporate & Investment Banking 7,151.08 38 2.44%