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Corp Bonds

Italy’s FGA finds demand for €500m despite vague future

FGA Capital, the car finance company owned by Crédit Agricole and Fiat, joined in the newly permissive European corporate bond market on Tuesday with a €500m two year bond issue that was well oversubscribed despite its low profile as an issuer, question marks over its future ownership and the fact that its business is in Italy.

  • 24 Feb 2012

Crédit Agricole, Citigroup and UniCredit led the deal for the issuer, which is rated Baa3/BBB/BBB+, all with negative outlooks and with negative watches from Fitch and Standard & Poor’s.

Uncertainty over how long the company’s joint venture owners will maintain their stakes was the main reason why the deal ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Oct 2014
1 JPMorgan 118,078.06 575 6.50%
2 Bank of America Merrill Lynch 101,176.31 503 5.57%
3 Citi 100,707.38 519 5.55%
4 Deutsche Bank 86,155.19 435 4.75%
5 Morgan Stanley 83,145.76 481 4.58%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Oct 2014
1 BNP Paribas 24,069.61 112 4.35%
2 SG Corporate & Investment Banking 19,743.06 94 3.57%
3 Deutsche Bank 18,600.15 73 3.36%
4 HSBC 18,264.85 82 3.30%
5 Barclays 14,641.97 64 2.65%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 28 Oct 2014
1 Deutsche Bank 10,634.63 68 0.00%
2 JPMorgan 8,118.12 67 0.00%
3 Credit Suisse 7,443.28 57 0.00%
4 Goldman Sachs 7,026.57 48 0.00%
5 BNP Paribas 6,245.13 54 0.00%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Oct 2014
1 JPMorgan 28,639.10 190 10.17%
2 Citi 25,365.10 157 9.00%
3 Morgan Stanley 24,255.91 134 8.61%
4 Bank of America Merrill Lynch 23,393.59 179 8.30%
5 Credit Suisse 22,843.03 145 8.11%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Oct 2014
1 BNP Paribas 22,715.72 115 6.41%
2 HSBC 21,419.04 113 6.05%
3 SG Corporate & Investment Banking 21,222.82 104 5.99%
4 RBS 20,418.84 105 5.76%
5 Barclays 20,043.26 93 5.66%