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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
  • 02 Mar 2015
1 JPMorgan 24,611.98 113 7.63%
2 Bank of America Merrill Lynch 22,273.12 92 6.90%
3 Barclays 21,553.05 74 6.68%
4 Citi 20,169.30 84 6.25%
5 Morgan Stanley 19,325.43 90 5.99%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 8,603.57 16 12.02%
2 HSBC 7,368.65 19 10.30%
3 SG Corporate & Investment Banking 6,649.38 17 9.29%
4 BNP Paribas 5,621.11 25 7.85%
5 Deutsche Bank 5,105.21 13 7.13%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Credit Suisse 2,848.51 16 12.18%
2 Deutsche Bank 2,130.80 15 9.11%
3 Citi 1,834.40 8 7.84%
4 JPMorgan 1,690.64 16 7.23%
5 Morgan Stanley 1,608.82 12 6.88%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,409.02 36 9.67%
2 Citi 4,798.90 33 8.58%
3 Deutsche Bank 4,773.84 29 8.53%
4 Morgan Stanley 4,624.14 30 8.26%
5 Barclays 4,547.38 25 8.13%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 6,535.56 16 11.18%
2 Barclays 5,256.17 14 8.99%
3 BNP Paribas 4,235.55 20 7.25%
4 HSBC 3,180.87 13 5.44%
5 Citi 2,903.71 10 4.97%