TOP STORIES

  • Turkey fin min seeks to reassure investors as he hunts 'additional sources' of cash

    The Republic of Turkey is planning to announce within a fortnight “additional sources of financing” to fill a $2.5bn gap in its 2018 external bond funding plans, said Berat Albayrak, the country's finance minister, on an investor conference call on Thursday afternoon in London. Albayrak said there is currently no discussion between Turkey and the IMF and also ruled out capital controls.

    • 04:00 PM
  • Deripaska’s VTB sanctions buster plan ‘difficult’ for OFAC, says former chief

    The US Office of Foreign Asset Control (OFAC) has an unprecedented decision to make on whether to accept a reported offer from EN+ owner Oleg Deripaska to sell shares in the company to VTB Bank. The aim of the deal is to reduce the oligarch’s majority stake in the aluminium conglomerate, which, it is hoped, will result in sanctions against it being removed.

    • 12:30 PM
  • Aegon considers Vivat bid after sale reports

    Aegon has said it will consider buying Vivat should its fellow Dutch insurer be put up for sale this year, but the firm added that it was “far too early” to talk about financing options.

    • 12:00 PM

COPPLESTONE'S CARTOON

   1567

PEOPLE & MARKETS

  • Brexit taking its toll as fund managers pull away from UK

    Global investor confidence in UK equities has tumbled so far in August, according to the latest fund manager survey from Bank of America Merrill Lynch, marking the largest monthly drop in sentiment towards the UK since the Brexit referendum.

    • 15 Aug 2018
  • BAML SSA banker moves to New York

    A London-based SSA syndicate banker at Bank of America Merrill Lynch has moved to New York as part of an internal exchange programme.

    • 15 Aug 2018
  • FIG DCM head trades Citi for Santander

    Citi’s head EMEA FIG DCM is leaving the bank and taking up a senior FIG role at Banco Santander.

    • 14 Aug 2018

COMMENT & COLUMNS

THE GLOBALCAPITAL VIEW

  • Lat Am issuers have nothing to fear

    Another month, another set of headlines to scare even the most resolute of EM investors. Yet it is nearly time for Latin American primary markets to make a comeback, and issuers shouldn't let their plans get derailed.

    • 08:45 PM
  • RCom: Tender is the night

    India’s Reliance Communcations (RCom) tender and exchange offer, unveiled last week, would clear the issuer’s books of its $300m 6.5% 2020 bond. But since RCom defaulted on a payment for the notes last November, it is in no position to offer investors such paltry tender and exchange terms.

    • 09:45 AM

more Views

SOUTHPAW

more Southpaw


LEADERS

  • Where will it end?

    There is something strange about allowing banks to use ordinary senior debt to count towards their minimum requirement for own funds and eligible liabilities (MREL).

    • 07:00 PM
  • Ain’t nothing but a number

    Yields on Turkey’s sovereign debt hit 20% this week, stoking fears of a debt crisis. But breaking the purported psychological importance of the 20% ceiling does not add much to the well-established litany of issues facing the country’s economy.

    • 09 Aug 2018

more Leaders


PAINED TRADER

more Pained Trader


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

more SSA

FIG

more FIG

SECURITIZATION

more securitization

CORPORATE BONDS

more corporate bonds

EQUITY

more equity

SYNDICATED LOANS

more loans

LEVFIN

more levfin

DERIVATIVES

more derivatives

EMERGING MARKETS

more emerging markets

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 239,928.76 921 8.16%
2 JPMorgan 222,471.63 995 7.57%
3 Bank of America Merrill Lynch 215,931.77 721 7.34%
4 Barclays 184,694.55 670 6.28%
5 Goldman Sachs 158,679.40 515 5.40%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.59%
2 BNP Paribas 32,284.10 130 6.54%
3 UniCredit 26,992.47 123 5.47%
4 SG Corporate & Investment Banking 26,569.73 97 5.38%
5 Credit Agricole CIB 23,807.36 111 4.82%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.82%
2 JPMorgan 9,894.90 42 8.58%
3 Citi 8,202.25 45 7.11%
4 UBS 6,098.17 23 5.29%
5 Credit Suisse 5,236.02 28 4.54%