Citi Readies Asian Note In Australia

Citigroup is marketing capital protected notes offering exposure on a broad array of Asian equities to Aussie retail investors.

  • 27 May 2005
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Citigroup is marketing capital protected notes offering exposure on a broad array of Asian equities to Aussie retail investors. The six-year structure generates income returns as well as capital growth, which the firm believes is a novel feature for this market. The deal is referenced to the 30 largest names of the MSCI AC Asian Index, and is structured using constant proportion portfolio insurance to provide capital protection.

"Australian investors' level of sophistication and interest in overseas markets has been increasing," said Michael Walker, head of equity structured products at Citi in Sydney. The structure will pay investors a quarterly coupon based on the capital appreciation of the stocks, as well as income via dividends and premiums from writing covered call options on the shares. The firm is targeting a late-July close for the product, named Asian Income Plus, and is aiming for a launch size of AUD100 million (USD75.9 million).

  • 27 May 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 280,892.95 1037 8.97%
2 JPMorgan 256,461.06 1168 8.19%
3 Bank of America Merrill Lynch 250,468.43 865 8.00%
4 Goldman Sachs 192,174.73 616 6.14%
5 Barclays 184,453.95 705 5.89%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,971.26 117 7.01%
2 Deutsche Bank 27,415.35 91 6.63%
3 Bank of America Merrill Lynch 25,509.39 71 6.17%
4 BNP Paribas 21,729.97 121 5.26%
5 Credit Agricole CIB 19,966.59 113 4.83%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,671.74 61 7.87%
2 Citi 12,076.06 76 6.95%
3 Morgan Stanley 11,899.85 66 6.85%
4 UBS 11,800.30 47 6.80%
5 Goldman Sachs 11,111.93 58 6.40%