Latest news on corporate MTNs, private placements, Schuldscheine

  • May’s Brexit plan: clarity at last

    Ever since Theresa May became UK prime minister in July, markets and commentators have thirsted to know what her strategy would be for the negotiations to leave the European Union. Now we know — and so far, the markets like it.

    • 17 Jan 2017
  • Legal & General takes ex-M&G investor for PPs

    Calum Macphail has joined Legal & General Investment Management as its head of corporate private credit, three months after leaving M&G Investments.

    • 12 Jan 2017
  • The 14th Syndicated Loan, Leveraged Finance and Private Placement Awards: nominations

    In November GlobalCapital polled loan market participants for the 14th Syndicated Loan, Leveraged Finance and Private Placement Awards. The nominations are listed below in alphabetical order. We will reveal the winners at the awards dinner, to be held on February 8, 2017 at the Guildhall in London.

    • 03 Jan 2017
  • UK corporate funding picture surprisingly sanguine

    The UK’s decision to leave the European Union cast extreme uncertainty over the economy, the values and even the unity of the country. Its ramifications for domestic companies’ financing capabilities has been both more obvious and more benign, however. Max Bower reports.

    • 01 Jan 2017
  • Size isn't everything: Euro PP market shows its subtle strengths

    While Euro PP volumes have dipped this year, the number of deals has been about the same as 2015. While the nascent market finds its place in the corporate finance landscape, 2016 was either a heart-warming, or heart-wrenching year for Euro PP.

    • 22 Dec 2016
  • Schuldscheine in 2016: a year of firsts

    The Schuldschein market grew sharply in 2016, adopting issuers from new sectors and jurisdictions as well as first time arrangers and investors. The market is expected to maintain healthy volumes and international growth in 2017, though with investor capacity stretched to the limit, volumes are not expected to exceed the levels seen this year.

    • 20 Dec 2016
  • M&G’s private placement chief leaves firm

    The head of private placements at M&G Investments has resigned and is expected to take up a new job in the New Year.

    • 19 Dec 2016
  • Fresenius wins €1bn blowout in second Schuldschein this year

    Fresenius, the German kidney dialysis group, has closed its second Schuldschein issue of the year, growing the deal from the launch size of €400m to €1bn, which brings the its total issuance in the market this year to €1.38bn.

    • 19 Dec 2016
  • Extra luggage: Etihad Airways grows Schuldschein to €209m

    Etihad Airways has issued the first ever Schuldschein for a Middle Eastern company, increasing the deal from €150m to €209m in syndication with strong demand from European and Asian commercial banks.

    • 12 Dec 2016
  • Allianz makes further strides into global investment space

    Allianz announced plans to integrate other teams into its global private debt platform on Thursday. Two Allianz investment teams will join the Allianz Global Investors private debt group in January.

    • 08 Dec 2016

Corporate private debt news archive

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 JPMorgan 6,606.50 25 7.67%
2 Citi 6,511.98 28 7.56%
3 Bank of America Merrill Lynch 4,899.82 22 5.69%
4 Barclays 4,571.59 20 5.31%
5 Mizuho 4,473.33 18 5.19%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Citi 1,513.82 9 9.16%
2 BNP Paribas 1,388.55 9 8.40%
3 UniCredit 1,013.92 7 6.14%
4 Barclays 992.86 6 6.01%
5 SG Corporate & Investment Banking 943.52 7 5.71%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 NatWest Markets 216.56 3 8.11%
2 BNP Paribas 201.55 3 7.54%
3 HSBC 199.05 3 7.45%
3 Credit Suisse 199.05 3 7.45%
5 UniCredit 155.26 2 5.81%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 297.36 3 36.61%
2 RBC Capital Markets 85.86 2 10.57%
3 Wells Fargo Securities 85.71 1 10.55%
3 Mizuho 85.71 1 10.55%
3 Goldman Sachs 85.71 1 10.55%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Citi 2,087.29 10 8.43%
2 Mizuho 1,656.00 6 6.69%
3 BNP Paribas 1,583.41 10 6.40%
4 JPMorgan 1,130.71 4 4.57%
5 Commerzbank Group 1,090.75 4 4.41%