EM bond market ignores world’s travails

The emerging market bonds pipeline is heaving this week, with investor meetings announced for International Petroleum Investment Company, Dolphin Energy and Denizbank as well as the speedy pricing of a tap of Russian Railway’s sterling deal. Wider market troubles are little troubling emerging market issuers, with African Bank and the Ukraine sovereign having already priced notes this week, and the Dubai sovereign and Russian Koks expected to tap the market as well, with their roadshows finishing yesterday and today respectively. Dubai has released price talk for its 10 year put five bond flat to the five year point on its curve, at Libor plus 375bp-3875bp.

  • 15 Jun 2011
Meanwhile, the EM loans market showed its strength this week when Salik 1 a Dubai-based special purpose vehicle borrowing $800m to fund transport infrastructure projects requested a reverse-flex in the 350bp margin. The 25bp cut looks likely to go through after the facility was “massively oversubscribed”, according to ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 57,329.73 263 9.71%
2 HSBC 55,690.17 300 9.43%
3 JPMorgan 51,301.18 218 8.69%
4 Deutsche Bank 28,030.86 110 4.75%
5 Standard Chartered Bank 24,459.20 176 4.14%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 17,236.12 48 14.25%
2 JPMorgan 14,519.03 48 12.00%
3 HSBC 14,417.38 33 11.92%
4 Bank of America Merrill Lynch 10,472.96 39 8.66%
5 Santander 9,738.65 37 8.05%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 23,828.80 80 12.75%
2 Citi 22,438.42 77 12.01%
3 HSBC 16,512.02 63 8.84%
4 BNP Paribas 9,898.80 29 5.30%
5 Deutsche Bank 9,721.98 26 5.20%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 2,729.06 23 8.33%
2 Bank of America Merrill Lynch 2,624.57 11 8.01%
3 UniCredit 2,390.81 17 7.30%
4 SG Corporate & Investment Banking 2,301.01 20 7.02%
5 Sumitomo Mitsui Financial Group 2,180.06 9 6.65%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 11,489.16 155 22.89%
2 ICICI Bank 5,143.70 131 10.25%
3 Trust Investment Advisors 4,716.76 132 9.40%
4 Standard Chartered Bank 3,661.93 41 7.29%
5 Yes Bank Ltd 2,469.67 59 4.92%