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 Apr 2016
1 UBS 7,378.25 36 6.40%
2 Credit Agricole CIB 7,204.43 30 6.25%
3 Landesbank Baden-Wuerttemberg - LBBW 6,851.04 36 5.94%
4 BNP Paribas 6,299.92 27 5.46%
5 HSBC 6,136.84 31 5.32%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 Goldman Sachs 34,078.68 133 6.90%
2 Morgan Stanley 32,563.37 108 6.60%
3 JPMorgan 31,084.92 148 6.30%
4 Bank of America Merrill Lynch 30,615.46 114 6.20%
5 Citi 28,197.46 139 5.71%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 Goldman Sachs 13,825.59 40 10.83%
2 Landesbank Baden-Wuerttemberg - LBBW 8,809.04 124 6.90%
3 HSBC 8,423.90 30 6.60%
4 BNP Paribas 7,856.78 23 6.15%
5 Credit Suisse 7,570.21 17 5.93%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 Credit Agricole CIB 6,435.45 22 4.66%
2 UBS 5,506.43 18 3.99%
3 BNP Paribas 4,893.74 17 3.54%
4 Landesbank Baden-Wuerttemberg - LBBW 4,801.21 17 3.48%
5 Deutsche Bank 3,894.43 13 2.82%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 Morgan Stanley 356.11 470 7.87%
2 JPMorgan 308.92 582 6.82%
3 Bank of America Merrill Lynch 280.91 558 6.21%
4 Goldman Sachs 264.86 353 5.85%
5 Citi 246.40 555 5.44%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 Apr 2016
1 UBS 2,977.50 9 12.49%
2 BNP Paribas 2,776.38 5 11.65%
3 HSBC 1,919.16 9 8.05%
4 Credit Agricole CIB 1,643.95 3 6.90%
5 Goldman Sachs 1,534.38 8 6.44%