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Corp Bonds

Novartis finds US bond bid strong but tricky

The US investment grade corporate bond market sprang back to life this week as four big issuers hit the market in quick succession on Thursday, after multi-billion dollar deals from Novartis and Comcast earlier in the week.

  • By Jon Hay
  • 21 Feb 2014

Google was the marquee name on Thursday, printing a $1bn 10 year deal that attracted more than $3bn of demand as investors clamoured for a credit that has issued only once before, in 2011.

The search engine leader, rated Aa2/AA, blessed Bank of America Merrill Lynch, Goldman Sachs ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 77,239.44 298 7.95%
2 Bank of America Merrill Lynch 71,756.73 289 7.39%
3 Barclays 55,857.87 214 5.75%
4 Citi 54,503.02 254 5.61%
5 Morgan Stanley 53,922.12 233 5.55%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 Barclays 15,102.26 45 4.81%
2 HSBC 12,643.01 57 4.03%
3 BNP Paribas 12,548.63 66 4.00%
4 Deutsche Bank 12,254.16 44 3.90%
5 SG Corporate & Investment Banking 10,181.32 44 3.24%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 4,452.17 35 8.05%
2 JPMorgan 4,108.83 32 7.43%
3 Credit Suisse 3,929.31 25 7.11%
4 Citi 3,316.33 21 6.00%
5 Barclays 3,287.19 22 5.95%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 16,946.91 98 10.45%
2 Bank of America Merrill Lynch 14,364.85 107 8.86%
3 Deutsche Bank 13,667.29 84 8.43%
4 Goldman Sachs 13,297.24 76 8.20%
5 Credit Suisse 12,272.50 80 7.57%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 Barclays 16,058.12 43 4.87%
2 HSBC 12,048.46 51 3.65%
3 SG Corporate & Investment Banking 10,140.95 41 3.07%
4 BNP Paribas 9,908.10 54 3.00%
5 Deutsche Bank 9,904.47 36 3.00%