RMB Deals

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Ministry of Finance of the People's Republic of China (MoF) 17,000 2 47.50
2 Credit Agricole 2,879 2 8.04
3 Goldman Sachs 1,855 2 5.18
4 Central American Bank for Economic Integration (CABEI) 1,700 2 4.75
5 Fantasia Holdings Group Co 1,600 2 4.47

Leveraged Finance Deals

IssuerMaturitySize
Federal-Mogul LLC 15-Apr-24300
Federal-Mogul LLC 15-Apr-22415
Aramark International Finance SARL 01-Apr-25325
NewCo Sab Midco SAS 15-Apr-25180
Arrow Global Finance plc 01-Apr-25400

Leveraged Finance Deals Pipeline

IssuerTypeCur.SizeMaturityStatusArrangers
KerneosHY snr sec fixed, floating€335m total€200m min on fixed2021RS Feb 24-27GS

Notes

to finance the acquisition of Kerneos by Astorg Partners

Cabot Financial£105m bridgeHY refi likelyJPM (bridge provider)
FindusHY PIK£rumoured

Notes

to pay £200m dividend

Yioula GlassworksHY165m6NC3investor day heldC
Fresenius€380m still outstanding under bridge€1.8bn initially, €1.42bn repaid
Gamesamulls HY
PrisaHY PIKrumours; to take out loans in restructuring
TDF's French unitauctionGS

Notes

Rexam health care unitauctionB (sell side)

Notes

Netsin auction

Notes

CogetechHY snr sec1655NC2pulled Aug 2, 13BNP, UC, DB
MonierRS in Apr 2012 for €250m bondBNP
Ascometalbridge to HYPulled in Mar/Apr 12BofA, MS
Vivartereceived approval for HYB

Notes

PHSreceived approval for HYB

Notes

Real MadridHYup to €250mrumour

Notes

FIG Deals

DateIssuerMaturitySizeCurrSpreadtoTypeLeadsCountry
13-Mar-17UBS Group Funding20-Sep-22175070.03mEsenior FRNUBSSwitzerland

Coupon

3mE+70bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

09-Mar-17Liberbank14-Mar-273006.9%tier twoBBVA/BC/DBSpain

Coupon

6.875%

Books(m)

Orders

Ratings

B1/—/BB

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b121ryk93q5x91/liberbank-eur300m-6875-mar-27-tier-two

09-Mar-17Nykredit Realkredit16-Jun-2050045.0mssenior resolution notesBAML/BNPP/JPM/MS/NykreditDenmark

Coupon

0.375%

Books(m)

Orders

Ratings

—/A/A

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b121ryyw83kl55/nykredit-realkredit-eur500m-0375-jun-20-senior-resolution-notes

08-Mar-17Unione di Banche Italiane15-Sep-275004.5%tier twoCiti/CA/GS/HSBC/JPM/UBSItaly

Coupon

4.45%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b121s0jn00s6pw/unione-di-banche-italiane-eur500m-4625-sep-27-tier-two

06-Mar-17Morgan Stanley09-Mar-271000£150.0GiltsseniorMS/MUFGUS

Coupon

2.625%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

06-Mar-17BNP Paribas13-Mar-271250$215.0Treasuriestier twoBNPPFrance

Coupon

4.625%

Books(m)

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b121s1csfyv2yh/bnp-paribas-usd125bn-4625-mar-27-tier-two

06-Mar-17HSBC Holdings13-Mar-232500$125.0ms5NC4 seniorHSBCUK

Coupon

3.262%

Books(m)

Orders

Ratings

A1/A/AA-

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b121s1w174dsmw/hsbc-usd25bn-3262-mar-23-usd25bn-4041-mar-28

03-Mar-17Goldman Sachs09-Sep-22200063.03mEsenior FRNGS/Banca IMI/Erste/Danske/ING/Nordea/NykreditUS

Coupon

3mE+63bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

02-Mar-17Bankia15-Mar-27500335.0mstier twoBankia/CS/GS/JPM/MSSpain

Coupon

3.375%

Books(m)

5000

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11yn936gbwzlz/bankia-eur500m-3375-mar-27-tier-two

02-Mar-17ING Groep09-Mar-22150070.0msseniorCA/CS/DB/ING/NatixisNetherlands

Coupon

0.75%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11yn9ghkvjyc2/ing-groep-eur15bn-075-mar-22

02-Mar-17SpareBank 1 SMN09-Mar-1750042.0msseniorDZ/NatWest/Nordea/UniCNorway

Coupon

0.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11ynbzfb6m3h1/sparebank-1-smn-eur500m-05-mar-22

02-Mar-17Barclays15-Mar-231250£7.3%PNC6 AT1BCUK

Coupon

7.25%

Books(m)

Orders

Ratings

Baa2/BBB/A

Geographic distribution

Investor distribution

Bond comment

01-Mar-17ASB Finance10-Jun-2250040.0msseniorBNPP/CBA/HSBC/JPMNew Zealand

Coupon

0.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11yn8ql7b4bfr/asb-finance-eur500m-05-june-22

01-Mar-17Royal Bank of Scotland (RBS)08-Mar-231500190.0ms6NC5 seniorNatWest/CS/DB/SGUK

Coupon

2%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11ynbmksgkv0j/royal-bank-of-scotland-eur15bn-2-mar-23

28-Feb-17National Australia Bank (NAB)07-Sep-2250023.0msgreenCiti/HSBC/NABAustralia

Coupon

0.35%

Books(m)

Orders

Ratings

Geographic distribution

Germany/Austria 30% France 30% Benelux 26% Others 5% UK/Ireland 5% Asia 2% Nordics 2%

Investor distribution

Fund Managers 54% Insurance/pension 30% Central bank/official institutions 8% Banks/private banks 8%

Bond comment

http://www.globalcapital.com/article/b11yn9ysxz0pkf/national-australia-bank-eur500m-035-sep-22-green

24-Feb-17Swedbank06-Sep-2275018.0msseniorBNPP/DB/HSBCNomura/SwedbankSweden

Coupon

Books(m)

1500

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

23-Feb-17Deutsche Bank28-Feb-20750£180.0GiltsseniorDBGermany

Coupon

1.875%

Books(m)

Orders

Ratings

Baa2/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11vj9cr8bqvc6/deutsche-bank-gbp750m-1875-feb-20

22-Feb-17ANZ New Zealand01-Mar-2250030.0msseniorANZ/BC/DBNew Zealand

Coupon

0.4%

Books(m)

3

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11vj8c8vync3v/anz-new-zealand-eur500m-04-mar-22

22-Feb-17KBC Group01-Mar-22125063.0msseniorBC/KBC/SG/UBS/UniCreditBelgium

Coupon

0.75%

Books(m)

Orders

Ratings

Baa1/BBB+/A-

Geographic distribution

France 21% UK/Ireland 21% Benelux 20% Germany/Austria 18% Nordics 10% Southern Europe 5% Switzerland 4% Others 1%

Investor distribution

Asset Managers 64% Insurance/pension funds 13% Banks/private banks 13% Central banks/official institutions 8% Others 2%

Bond comment

http://www.globalcapital.com/article/b11vj8sn97jvs2/kbc-group-eur125bn-075-mar-22

20-Feb-17Svenska Handelsbanken28-Feb-22100020.0msseniorBC/DB/JPM/Svenska/UBSSweden

Coupon

0.25%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11vj91025msqx/svenska-handelsbanken-eur1bn-025-feb-22

20-Feb-17Deutsche Bank20-Jan-22250115.0mssenior tapDBGermany

Coupon

1.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

20-Feb-17DNB Bank01-Mar-27650115.0ms10NC5 tier twoBC/BNPP/DNB/GSNorway

Coupon

1.25%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

14-Feb-17Iccrea Banca21-Feb-20600157.0msseniorBanca Akros/Iccrea/MedioBanca/RBI/UniCreditItaly

Coupon

1.5%

Books(m)

Orders

Ratings

—/BB/BBB-

Geographic distribution

Italy 79% Austria 6% UK/Ireland 5% Germany 3% Spain 3% Switzerland 1% Other 3%

Investor distribution

Banks 74% Fund managers 23% Insurance 2% Other 1%

Bond comment

http://www.globalcapital.com/article/b11rf74d51k5sh/iccrea-banca-eur600m-15-feb-20

14-Feb-17Deutsche Bank15-Apr-19500100.03mEsenior FRN tapDB/DZ/DekabankGermany

Coupon

3mE+55bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

10-Feb-17Skandinaviska Enskilda Banken (SEB)17-Feb-2250020.0mssenior greenABN/HSB/SEBSweden

Coupon

0.3%

Books(m)

2200

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

08-Feb-17Deutsche Pfandbriefbank14-Feb-2015075.03mEsenior FRNDekaBank/DZ/GSGermany

Coupon

3me+75bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

08-Feb-17ING Groep15-Feb-29750215.0ms12NC7 tier twoDB/ING/JPM/SG/UniCreditNetherlands

Coupon

2.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11nbgpd4wdbwr/ing-groep-eur750m-25-feb-29-tier-two

07-Feb-17CaixaBank15-Feb-271000335.0mstier twoBAML/CaixaBank/GS/HSBCSpain

Coupon

3.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11nbgfh5730rz/caixabank-eur1bn-35-feb-27-tier-two

06-Feb-17Santander Consumer Bank Norway17-Feb-2050045.0msseniorCA/Danske/HSBC/Santander/UniCreditNorway

Coupon

0.375%

Books(m)

Orders

Ratings

Geographic distribution

France 31% Iberia 14% Nordics 14% Benelux 13% UK 10% Germany/Austria 8% Switzerland 6% Italy 3% Others 1%

Investor distribution

Asset managers 76% Insurance/pensions funds 10% Banks/private banks 8% Central banks 3% Others 3%

Bond comment

http://www.globalcapital.com/article/b11nbh1fbv7rwq/santander-consumer-bank-norway-eur500m-0375-feb-20

02-Feb-17DVB Bank10-Feb-2030090.03mEsenior FRNBayernLB/DZGermany

Coupon

3mE+90bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

02-Feb-17BBVA10-Feb-271000270.0mstier twoBBVA/BNPP/CS/DB/JPM/SGSpain

Coupon

3.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11k9ny84zk4s4/bbva-eur1bn-35-feb-27-tier-two

01-Feb-17Crédit Mutuel Arkéa09-Feb-29500250.0mstier twoCA/CMA/DZ/Nykredit/SantanderFrance

Coupon

3.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11k9p5swyr742/cr233dit-mutuel-ark233a-eur500m-35-feb-29-tier-two

31-Jan-17Society of Lloyd's07-Feb-47300£330.0Gilts30NC10 tier twoCiti/Lloyds/NatWestUK

Coupon

4.875%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

31-Jan-17Bank of America07-Feb-22125068.0ms5NC4 seniorBAMLUS

Coupon

0.736%/3mE+83bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11k9mtws93cz8/bank-of-america-eur125bn-0736-feb-22

31-Jan-17Bank of America07-Feb-22150080.03mE5NC4 senior FRNBAMLUS

Coupon

3mE+80bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11k9mtws93cz8/bank-of-america-eur125bn-0736-feb-22

31-Jan-17Bank of America07-Feb-25125093.0ms8NC7 seniorBAMLUS

Coupon

1.379%/3mE+103bp

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11k9mtws93cz8/bank-of-america-eur125bn-0736-feb-22

26-Jan-17Dexia Crédit Local03-Feb-24200023.0mssenior GGCA/DB/JPM/NatixisFrance/Belgium

Coupon

0.625%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

26-Jan-17Santander09-Feb-221500120.0mssenior NPBC/HSBC/Natixis/SantanderSpain

Coupon

1.375%

Books(m)

4250

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11g6f7dmqqmls/santander-eur15bn-1375-feb-22-senior-nonpreferred

25-Jan-17Westpac02-May-25250£95.0GiltsseniorBNPP/CS/WestpacAustralia

Coupon

2.125%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11g6fq9fw465f/westpac-gbp250m-2125-may-25

24-Jan-17Wells Fargo31-Jan-22200050.03mEsenior FRNCS/ING/Lloyds/SG/WFUS

Coupon

3mE+50bp

Books(m)

Orders

Ratings

Geographic distribution

Germany/Austria 32.4% Southern Europe 21.4% Benelux 15.9% France 13.6% UK/Ireland 6.4% Switzerland 4.5% Nordics 2.7% Asia 1.5% Middle East 0.4% Others 1.2%

Investor distribution

Fund managers 43.3% Banks/private banks 38.3% Insurance/pension funds 9.8% Central banks/official institutions 5.9% Corporates 2.3% Others 0.4%

Bond comment

http://www.globalcapital.com/article/b11g6fh3qzp5yx/wells-fargo-eur2bn-jan-22-frn

24-Jan-17NIBC Bank31-Jan-22500140.0msseniorCS/GS/JPM/NIBC/UBSNetherlands

Coupon

1.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

24-Jan-17Credit Suisse1500$7.1%PNC5.5 AT1CS/CMZ/Danske/ING/RBC/Santander/SG/TD/UniCredit/WFSwitzerland

Coupon

7.125%

Books(m)

Orders

Ratings

Geographic distribution

UK 35% Asia 32% Other Europe 14% Switzerland 11% US offshore 6% Other 2%

Investor distribution

Asset managers 53% Private banks 31% Hedge Fund 13% Others 3%

Bond comment

http://www.globalcapital.com/article/b11g6c6ys67ztb/credit-suisse-usd15bn-7125-at1

23-Jan-17Deutsche Pfandbriefbank29-Jan-2150090.0msseniorBayernLB/DZ/GS/JPM/UniCGermany

Coupon

0.875%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

20-Jan-17Wells Fargo20-Dec-23500£125.0GiltsseniorBC/Lloyds/Santander/WFUS

Coupon

Books(m)

750

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

20-Jan-17La Mondiale26-Jan-47530$5.9%tier twoBNPP/CA/CS/DB/HSBC/NatixisFrance

Coupon

5.875%

Books(m)

3000

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

17-Jan-17DVB Bank25-Apr-2250095.0msseniorBanca IMI/DZ/DB/RBI/UniCGermany

Coupon

1%

Books(m)

Orders

Ratings

-/A+/AA-

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11c1rw4bz0xpw/dvb-bank-eur500m-1-apr-22

17-Jan-17Groupama23-Jan-276506.0%tier twoJPM/Citi/CA/HSBC/MS/SGFrance

Coupon

6%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

16-Jan-17Phoenix Group Holdings (PGH)20-Jul-22300£337.5Giltstier threeBAML/JPM/Lloyds/NWUK

Coupon

4.125%

Books(m)

Orders

Ratings

Geographic distribution

UK/Ireland 73% Italy 14% Switzerland 6% Germany/Austria 3% Nordics 2% Others 2%

Investor distribution

Fund managers 71% Hedge funds 17% Banks/private banks 6% Central banks 3% Insurance/pension funds 2% Others 1%

Bond comment

http://www.globalcapital.com/article/b11c1shcnmmv0x/pgh-capital-gbp300m-4125-july-22-tier-three

16-Jan-17Deutsche Bank20-Jan-221500150.0msseniorDBGermany

Coupon

1.5%

Books(m)

3250

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

http://www.globalcapital.com/article/b11c1rdvcy4zjp/deutsche-bank-eur15bn-15-jan-22

13-Jan-17Close Brothers24-Jan-27175£365.0Giltstier twoHSBC/NW/UBSUK

Coupon

4.25%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

Securitization

Europe CLOs Priced Deals

IssuerArrangerSize ($M)
BlackRock Investment Management Credit Suisse462.20
Oaktree Capital ManagementCiti448.20
SankatyBarclays457.97
GSO Capital PartnersBAML449.87
Apollo Management InternationalDeutsche Bank493.50

US CLOs Priced Deals

IssuerArrangerSize ($M)
Brightwood Capital AdvisorsNatixis652.80
Trinitas Capital ManagementWells Fargo406.65
Black Diamond AdviserJP Morgan359.60
Zais Leveraged Loan ManagerRBC280.70
Sound Point Capital ManagementCredit Suisse512.50

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Mar 2017
1 Bank of America Merrill Lynch 10,650.87 23 11.13%
2 Deutsche Bank 8,169.49 17 8.53%
3 HSBC 6,243.46 23 6.52%
4 Citi 4,355.35 13 4.55%
5 SG Corporate & Investment Banking 4,273.37 17 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 JPMorgan 5,440.56 17 10.74%
2 Deutsche Bank 4,468.97 23 8.82%
3 UBS 3,742.72 17 7.39%
4 Citi 3,393.89 23 6.70%
5 Goldman Sachs 3,360.93 18 6.63%