PSA bonds trade up despite fears for weak new issues

PSA International’s $500m 10 year bonds rallied on their first day of trading on Friday, reassuring investors that big new issues still offer some value in the secondary markets.

  • 06 Sep 2009
Singapore port operator PSA’s bond priced at 140bp over Treasuries on Thursday night. It had rallied to around 130bp over Treasuries by Friday’s close. Some investors argued on Thursday that the deal offered a negligible pick-up over comparable bonds from ST Engineering and so might not rally in ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,599.18 10 11.11%
2 HSBC 1,925.24 7 5.94%
3 Bank of America Merrill Lynch 1,736.50 8 5.36%
4 Itau BBA 916.67 2 2.83%
5 Bradesco BBI 900.00 2 2.78%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Morgan Stanley 800.00 1 20.00%
1 Itau BBA 800.00 1 20.00%
1 HSBC 800.00 1 20.00%
1 Citi 800.00 1 20.00%
1 Bradesco BBI 800.00 1 20.00%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Standard Chartered Bank 295.00 1 32.24%
1 HSBC 295.00 1 32.24%
1 Credit Agricole CIB 295.00 1 32.24%
4 Mitsubishi UFJ Financial Group 30.00 1 3.28%
Subtotal 915.00 2 100.00%

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
  • 10 Jan 2017
1 UniCredit 4,163.05 29 12.35%
2 ING 3,184.83 25 9.45%
3 SG Corporate & Investment Banking 2,911.64 17 8.64%
4 Citi 2,741.75 18 8.13%
5 HSBC 1,822.32 18 5.41%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Jan 2017
1 State Bank of India 119.94 1 19.52%
1 Standard Chartered Bank 119.94 1 19.52%
1 Mitsubishi UFJ Financial Group 119.94 1 19.52%
1 DBS 119.94 1 19.52%
1 Citi 119.94 1 19.52%