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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 %
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  • 29 Jun 2015
1 JPMorgan 97,211.20 391 7.95%
2 Bank of America Merrill Lynch 85,795.05 367 7.01%
3 Citi 68,020.07 319 5.56%
4 Morgan Stanley 66,009.31 290 5.40%
5 Deutsche Bank 64,768.51 273 5.30%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Barclays 16,973.77 56 9.00%
2 BNP Paribas 15,495.18 82 8.21%
3 HSBC 14,435.22 69 7.65%
4 Deutsche Bank 14,200.05 52 7.53%
5 SG Corporate & Investment Banking 11,882.24 58 6.30%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 6,090.50 43 9.00%
2 Deutsche Bank 5,682.59 45 8.39%
3 Credit Suisse 4,293.27 28 6.34%
4 BNP Paribas 4,076.57 34 6.02%
5 Morgan Stanley 3,759.51 26 5.55%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 20,408.55 127 5.30%
2 Bank of America Merrill Lynch 17,687.15 134 4.59%
3 Deutsche Bank 17,074.06 106 4.43%
4 Goldman Sachs 15,451.24 96 4.01%
5 Citi 14,593.89 102 3.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 18,309.64 55 9.09%
2 HSBC 14,987.08 66 7.44%
3 SG Corporate & Investment Banking 13,018.68 55 6.46%
4 BNP Paribas 12,770.93 68 6.34%
5 Deutsche Bank 11,769.73 41 5.84%