CIS banks in buy back frenzy

A trio of CIS bank borrowers are in the process of buying back outstanding bonds. Ursa Bank has repurchased Eu101.199m of its Eu400m 7% May 2010 bonds and its Eu300m 8.3% November 2011s through a modified Dutch auction. Citi and ING were joint dealer managers. Russia’s VTB has announced a fixed price of 64 cents for its $750m 6.315% 2015 Eurobond. The tender offer expires on 30 March. And Kazkommertsbank yesterday (Tuesday) announced plans to buy back up to $175m of asset-backed bonds at between 82% and 92% of principal amount. Will more borrowers follow these three? Read EuroWeek on Friday to find out.

  • 25 Mar 2009

Joanne O’Connor

+44(0)20 7440 6051

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%