Weekly Supply & Flows Update from CreditSights

  • 03 Mar 2002
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Total investment grade issuance for the week was $12.5 billion, with a big surge as a combination of Greenspan's testimony and better-than-expected economic data made spread product more attractive for investors. Highlights of the week include the 3-tranche $3 billion deal for National Rural Utilities (A2/A), which had a tough start but ended up pricing 5-7 bp inside of original price talk as the market mood improved. Heinz (A3/A) also took advantage of the surge in demand for corporates bringing $1.25 billion of 10- and 30-year debt into a hot market. The deal was a blowout, launching and pricing in the space of a few hours. Despite the high profile accounting blowups that have plagued some of the benchmark borrowers in the corporate bond market, there is still clear appetite for better quality borrowers and investors still have money to put to work.

For additional information, please visit www.CreditSights.com or call 212-340-3888 to speak to a CreditSights representative.

  • 03 Mar 2002

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%