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FIG

Tier one buyback interest splits with EFG, UBI

Tier one buybacks at EFG Hellas and UBI Banca met sharply different responses from investors this week, with bondholders much cooler on the Italian bank’s offer than that of the Greek borrower.

  • 24 Feb 2012
Investors tendered nearly four out of five EFG Hellas tier one securities eligible for buyback, but only around one in five eligible in UBI’s offer. The low take-up on the Italian deal reflected competing buybacks, the high coupons being paid, and the fact that the notes had already ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 May 2015
1 Natixis 6,294.60 36 6.39%
2 RBC Capital Markets 5,737.14 18 5.83%
3 HSBC 5,672.62 27 5.76%
4 BNP Paribas 4,752.91 21 4.83%
5 UBS 4,617.92 28 4.69%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 JPMorgan 136,360.60 563 6.70%
2 Bank of America Merrill Lynch 134,658.52 524 6.61%
3 Citi 127,772.77 634 6.27%
4 Goldman Sachs 126,844.13 548 6.23%
5 Morgan Stanley 120,121.44 599 5.90%

Bookrunners of Dollar Denominated Covered Bond Above $1bn

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 May 2015
1 RBC Capital Markets 1,471.83 4 11.68%
2 Goldman Sachs 864.16 2 6.86%
3 Barclays 808.05 3 6.41%
4 UBS 790.63 2 6.28%
5 HSBC 551.64 2 4.38%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 May 2015
1 Deutsche Bank 13,257.42 41 9.18%
2 Goldman Sachs 11,096.31 26 7.68%
3 UBS 9,982.70 20 6.91%
4 Credit Agricole CIB 8,545.72 19 5.92%
5 SG Corporate & Investment Banking 7,347.84 20 5.09%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 May 2015
1 Natixis 3,875.87 19 8.72%
2 BNP Paribas 3,752.74 14 8.45%
3 HSBC 3,025.71 13 6.81%
4 Credit Agricole CIB 2,654.35 12 5.97%
5 Commerzbank Group 2,585.17 12 5.82%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 Goldman Sachs 476.50 414 7.71%
2 JPMorgan 410.92 524 6.65%
3 Morgan Stanley 378.24 648 6.12%
4 Citi 357.10 600 5.78%
5 Bank of America Merrill Lynch 354.98 564 5.74%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 May 2015
1 Deutsche Bank 4,833.30 12 12.55%
2 Credit Agricole CIB 4,774.91 4 12.39%
3 UBS 4,406.20 4 11.44%
4 HSBC 2,970.48 6 7.71%
5 JPMorgan 2,730.43 13 7.09%