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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 %
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  • 22 Sep 2014
1 JPMorgan 103,798.20 511 6.38%
2 Citi 90,828.47 450 5.59%
3 Bank of America Merrill Lynch 88,655.20 445 5.45%
4 Deutsche Bank 76,551.78 383 4.71%
5 Morgan Stanley 72,814.52 430 4.48%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 BNP Paribas 21,488.62 98 0.00%
2 SG Corporate & Investment Banking 18,428.64 86 0.00%
3 HSBC 17,043.47 75 0.00%
4 Deutsche Bank 16,788.87 66 0.00%
5 Barclays 13,267.04 57 0.00%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,956.53 60 9.79%
2 JPMorgan 7,501.53 62 7.37%
3 Credit Suisse 7,288.24 54 7.16%
4 Goldman Sachs 6,898.10 47 6.78%
5 BNP Paribas 6,072.70 50 5.97%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,411.72 180 10.29%
2 Citi 24,000.29 144 9.35%
3 Bank of America Merrill Lynch 21,183.38 167 8.26%
4 Credit Suisse 20,892.00 135 8.14%
5 Goldman Sachs 20,404.88 112 7.95%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 20,576.26 100 6.63%
2 HSBC 19,393.53 100 6.25%
3 SG Corporate & Investment Banking 19,238.85 92 6.20%
4 Barclays 17,790.44 81 5.74%
5 RBS 17,714.93 88 5.71%