• Brexit and ECB to keep secondary markets on their toes

    It may be the second week of December, when the corporate bond market is typically quiet ahead of the Christmas break, but there is still plenty for participants to ponder, even though the likelihood of new issuance is considered very low.

    10 Dec 2018
  • Interserve plans critical debt for equity swap

    The UK’s Interserve plans to swap a "substantial" portion of its debt for equity, as the embattled support services and construction firm tries to avoid the same fate as government contractor Carillion.

    10 Dec 2018
  • Low trigger AT1s set for judgement day in new refi round

    Changing emphasis from national regulators could give European banks more incentive to refinance additional tier ones with low common equity tier one triggers in the next couple of years, according to analysts at research house CreditSights.

    10 Dec 2018
  • Italy ‘finalising plans’ for dollar return in 2019

    Italy is preparing to make its highly anticipated return to the dollar market next year. The sovereign had planned to issue a dollar syndication in 2018, as first revealed by GlobalCapital, but postponed due to the volatility in the Italian bond market.

    • 10 Dec 2018
  • Soc Gen preps Paris clearing station

    Société Générale is working to offer its clients direct clearing capabilities in the eurozone by the end of the year, as it launches an offering in Paris for listed and OTC derivatives.

    • 10 Dec 2018

COPPLESTONE'S CARTOON

  Leader

PEOPLE & MARKETS

  • Mizuho cuts in DCM and syndicate

    Mizuho International, the London securities and investment banking arm of the Japanese banking group, has cut jobs in its capital markets business over the past week, and among those leaving is a senior DCM banker.

    • 06 Dec 2018
  • Dhami returns to market as Rabo syndicate boss

    Harman Dhami has joined Rabobank as head of DCM syndicate, succeeding Paul Vanner, who, after a sabbatical, will return to Rabo to further develop the bank's MTN platform.

    • 03 Dec 2018
  • Citi revamps Apac CIB, taps Metzger to top job

    Citi has named Jan Metzger as head of Asia Pacific banking, capital markets and advisory (BCMA), a newly created division in the region, according to an internal memo seen by GlobalCapital Asia on Thursday.

    • 06 Dec 2018
  • Chia takes head of SEA ECM job at CLSA

    Nicholas Chia has left OCBC to join CLSA as the Citic Securities-owned brokerage looks to build out its southeast Asia equity capital markets franchise.

    • 07:30 AM

COMMENT & COLUMNS

THE GLOBALCAPITAL VIEW

  • SRI needs to look at financial firms’ liabilities

    When looking at banks and insurance companies, the sustainable finance movement has so far focused mainly on their assets rather than their liabilities. But insuring or offering deposits for a particular activity is just as important as lending to or investing in it.

    • 10 Dec 2018
  • US-China trade war truce: a Christmas miracle?

    The meeting between US president Donald Trump and China’s Xi Jinping during the G20 summit resulted in a trade war ceasefire, giving capital markets a temporary breather from the threat of a fresh tariff outbreak. Asia’s debt and equity issuers should pounce on the opportunity.

    • 05 Dec 2018

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SOUTHPAW

  • Perella plots European expansion ahead of ahead of IPO

    The latest independent firm to eye a public listing is doing so after another bumper year for the corporate finance boutiques. But does it mark the peak of the cycle both for deals and the migration of top talent out of the bulge brackets? David Rothnie reports.

    • 06 Dec 2018

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LEADERS

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GlobalCapital Bond Comments

View detailed issuer and bookrunner commentary and market appraisal for the key deals in the market. Choose from SSA, FIG, Corporates and Emerging Market deals.


ASSET CLASS NEWS

SSA

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FIG

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CORPORATE BONDS

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EQUITY

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SYNDICATED LOANS

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LEVFIN

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DERIVATIVES

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EMERGING MARKETS

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 344,473.92 1340 8.09%
2 JPMorgan 340,456.96 1464 8.00%
3 Bank of America Merrill Lynch 305,654.09 1051 7.18%
4 Barclays 256,667.84 965 6.03%
5 Goldman Sachs 227,104.06 767 5.34%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,952.57 194 6.54%
2 JPMorgan 46,108.71 102 6.43%
3 UniCredit 39,106.98 168 5.45%
4 Credit Agricole CIB 36,670.04 182 5.11%
5 SG Corporate & Investment Banking 35,773.91 138 4.99%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,088.48 62 8.97%
2 Goldman Sachs 13,469.15 66 8.58%
3 Citi 9,948.21 58 6.34%
4 Morgan Stanley 8,572.10 54 5.46%
5 UBS 8,391.04 36 5.34%