Tidal wave of high yield deals on the horizon after investors flood LyondellBasell, Matalan, Abengoa

High yield bonds for a mixed bag of issuers, including UK clothing store Matalan, bankrupt chemical firm LyondellBasell and unrated Spanish engineering and renewable energy group Abengoa, drew a rapturous response from investors this week after a muted six weeks for the market in Europe.

  • 26 Mar 2010

These deals are likely to be the precursors of a new wave of high yield issuance starting the week after next.

Several companies — some of them potential first-time high yield issuers — have been asking their bank lenders to consent to bond fundraisings, which could lead to ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 JPMorgan 19,492.11 46 8.85%
2 UniCredit 18,866.65 83 8.57%
3 HSBC 16,021.11 53 7.27%
4 BNP Paribas 13,314.73 89 6.05%
5 Credit Suisse 13,152.31 32 5.97%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 NatWest Markets 216.56 3 8.11%
2 BNP Paribas 201.55 3 7.54%
3 HSBC 199.05 3 7.45%
3 Credit Suisse 199.05 3 7.45%
5 UniCredit 155.26 2 5.81%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 297.36 3 36.61%
2 RBC Capital Markets 85.86 2 10.57%
3 Wells Fargo Securities 85.71 1 10.55%
3 Mizuho 85.71 1 10.55%
3 Goldman Sachs 85.71 1 10.55%