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Corp Bonds

Russia scraps threat of retroactive bond tax

Russia has abandoned the idea of insisting that a withholding tax be paid retrospectively on loan participation notes. However, the tax could be applicable to bonds issued by Russian borrowers in 2013 and later, making the process of issuing a Eurobond more expensive and complicated.

  • 24 Feb 2012
"If the situation stays as it is, we’re recommending that borrowers go to the Eurobond market this year to avoid the potential hurdles and extra cost next year," said one origination banker in London. "The battle is still going on about what happens in 2013, and that uncertainty ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 JPMorgan 109,658.03 532 6.46%
1 JPMorgan 109,658.03 532 6.46%
2 Bank of America Merrill Lynch 95,410.49 474 5.62%
2 Bank of America Merrill Lynch 95,410.49 474 5.62%
3 Citi 94,013.95 473 5.54%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 BNP Paribas 22,017.72 102 8.49%
2 SG Corporate & Investment Banking 19,309.52 91 7.45%
3 HSBC 17,410.53 78 6.72%
4 Deutsche Bank 17,001.13 68 6.56%
5 Barclays 13,972.91 61 5.39%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 Deutsche Bank 10,072.29 61 9.62%
2 JPMorgan 7,838.70 65 7.48%
3 Credit Suisse 7,350.59 55 7.02%
4 Goldman Sachs 7,026.57 48 6.71%
5 BNP Paribas 6,042.82 50 5.77%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 JPMorgan 27,762.31 186 5.24%
2 Citi 24,460.18 148 4.62%
3 Bank of America Merrill Lynch 22,293.14 174 4.21%
4 Credit Suisse 21,140.21 139 3.99%
5 Goldman Sachs 20,848.11 116 3.94%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 BNP Paribas 21,051.10 104 0.00%
2 HSBC 20,485.44 108 0.00%
3 SG Corporate & Investment Banking 20,129.83 97 0.00%
4 RBS 19,135.66 97 0.00%
5 Barclays 18,756.75 88 0.00%