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
  • 18 Apr 2017
1 HSBC 4,946.45 21 6.58%
2 Commerzbank Group 4,025.24 24 5.36%
3 UniCredit 3,981.56 30 5.30%
4 SG Corporate & Investment Banking 3,839.27 16 5.11%
5 LBBW 3,832.35 17 5.10%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 03 Apr 2017
1 Goldman Sachs 35,449.67 139 7.74%
2 Morgan Stanley 34,987.32 115 7.64%
3 Bank of America Merrill Lynch 28,660.24 106 6.26%
4 JPMorgan 26,590.60 127 5.80%
5 Citi 25,441.59 152 5.55%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Apr 2017
1 Morgan Stanley 28,331.16 93 10.52%
2 Goldman Sachs 27,492.42 121 10.21%
3 Bank of America Merrill Lynch 23,356.59 95 8.67%
4 Citi 23,275.99 129 8.64%
5 JPMorgan 22,925.88 99 8.51%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2017
1 SG Corporate & Investment Banking 3,598.86 14 9.07%
2 LBBW 3,164.12 11 7.98%
3 BNP Paribas 2,664.21 9 6.72%
4 Commerzbank Group 2,654.38 10 6.69%
5 Credit Agricole CIB 2,428.94 10 6.12%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 11 Apr 2017
1 Credit Suisse 3,180.28 13 10.15%
2 BNP Paribas 2,841.61 13 9.07%
3 Barclays 2,669.79 10 8.52%
4 Citi 2,294.04 17 7.32%
5 HSBC 2,141.36 16 6.83%