dcsimg
Corp Bonds

Sub-benchmark size rings no alarms for Securitas investors

The taboos that hobbled Europe’s corporate bond market in the nervous days of the autumn included an aversion to smaller, illiquid deals. That objection has now gone, as Swedish security company Securitas demonstrated on Tuesday with a heavily oversubscribed €350m bond issue.

  • 24 Feb 2012

The company’s CEO led an investor call on Monday afternoon to prepare for the deal, and then bookrunners Citigroup, ING and SEB took feedback from investors.

As expected, Securitas, rated BBB+ by Standard & Poor’s, went for a five year maturity when it announced the deal. "It was ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 115,492.34 560 6.48%
2 Bank of America Merrill Lynch 100,007.72 492 5.61%
3 Citi 97,972.27 503 5.50%
4 Deutsche Bank 83,913.37 421 4.71%
5 Morgan Stanley 81,730.05 474 4.58%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 BNP Paribas 28,953.01 133 4.66%
2 HSBC 25,552.77 127 4.11%
3 Deutsche Bank 24,517.93 100 3.95%
4 RBS 23,994.82 116 3.86%
5 Barclays 23,331.18 104 3.76%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 Deutsche Bank 10,321.32 65 9.63%
2 JPMorgan 7,838.70 65 7.31%
3 Credit Suisse 7,377.87 55 6.88%
4 Goldman Sachs 7,026.57 48 6.55%
5 BNP Paribas 6,220.13 53 5.80%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
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
  • 16 Oct 2014
1 BNP Paribas 22,011.81 109 6.30%
2 HSBC 21,349.42 112 6.11%
3 SG Corporate & Investment Banking 21,035.82 102 6.02%
4 RBS 20,031.03 102 5.73%
5 Barclays 19,845.00 91 5.68%