• Second AGM motion jabs Barclays on fossil fuel support

    Barclays is to face a second shareholder resolution on its response to climate change at its annual general meeting in May, urging it to set more ambitious targets to phase out financing of fossil fuels.

    26 Feb 2021

  • Glenveagh bulks up bank facility

    Glenveagh Properties, the Irish house builder, has signed a €250m bank line to refinance debt due in April, adding to its lending group in the process.

    26 Feb 2021

  • US Treasury suffering auction shockers

    The US Treasury held a seven year auction on Thursday, coming in the midst of a sharp sell-off in the Treasury curve. The result was the Treasury’s worst bid to cover ratio since 2009.

    26 Feb 2021

  • Soltec bumps up bank debt after IPO

    Soltec, a Spanish solar tracker company, has refinanced its main syndicated bank loan, almost doubling the size of its bank facilities four months after the company publicly listed.

    26 Feb 2021

  • Bank credit wobbles as rates market takes a hit

    Subordinated bank bonds were under pressure on Thursday and Friday, as risky assets fell victim to the same volatility that has been plaguing rates markets for weeks.

    26 Feb 2021

  • HIG Capital hires another MD for European direct lending biz

    HIG Capital has hired a managing director from Houlihan Lokey for its European direct lending platform.

    26 Feb 2021

  • DB leads ECA-backed funding for Ghana infrastructure projects

    Ghana has secured two loan agreements, which are backed by the export credit agency of Italy, Sace. There is more room for the ECA-backed market to grow in the region, sources close to the deal said.

    26 Feb 2021

  • EC calls for public comment in review of bank crisis rules

    The European Commission has opened a public consultation as part of its review of the EU’s crisis management framework, as market participants call for more urgent political progress on key areas.

    26 Feb 2021

  • BNS breaks silence as Truist breaks into social circle

    Bank of Nova Scotia returned to the dollar market with its first new trade in five months this week, after reporting its fiscal first quarter earnings. It was followed by Truist Financial selling an inaugural social bond.

    26 Feb 2021

  • Tidjane Thiam's New York Spac raises $300m

    A new special purpose acquisition company backed by Tidjane Thiam, the former CEO of Credit Suisse, has raised $300m from investors.

    26 Feb 2021

  • AIIB sells second Indian rupee bond

    The Asian Infrastructure Investment Bank issued its second bond in Indian rupees via a private placement this week. Elsewhere, as rates rise, MTN dealers are finding attractive opportunities in other key Asian markets.

    26 Feb 2021

  • EV charging firm Fastned sells €150m of stock

    Fastned, the Dutch operator of charging stations for electric cars, has raised €150m to finance an expansion of its network across Europe, at the end of a wild week for tech and green energy stocks.

    26 Feb 2021

  • Vedanta builds war chest for corporate revamp

    Mining giant Vedanta Resources was back in the debt market on Thursday with a $1.2bn trade, giving further comfort to investors that it has not abandoned its plans to clean up its corporate structure.

    26 Feb 2021

  • CDB Leasing takes tight pricing approach, meets goals

    China Development Bank Financial Leasing Co rode on solid demand for its dual tranche $1bn transaction on Thursday to seal the bonds inside of fair value, hitting both its targeted price and size.

    26 Feb 2021

  • Fantasia, Sunac find demand for new bonds

    Two Chinese property companies seized the market window on Thursday to raise a combined $802m from the bond market.

    26 Feb 2021

  • China policy and markets round-up: Beijing hones in on green finance, southbound Bond Connect to launch before year-end, BOC, ICBC name new presidents

    In this round-up, the State Council calls for more efforts in the development of green finance in China, regulators plan to kick off southbound trading under Bond Connect by the end of 2021, and large state-owned Chinese banks unveil the latest reshuffle in top leadership.

    26 Feb 2021

  • GlobalCapital Syndicated Loan, Leveraged Finance and Private Debt Awards 2020: the full results

    After a poll of market participants at the end of 2020, GlobalCapital can now reveal the winners of its annual Syndicated Loan and Leveraged Finance Awards. GlobalCapital can also reveal the winners of the Private Debt Awards. Regrettably, we still cannot celebrate the awards with you in person, but we congratulate all the winners and nominees in this exceptionally challenging year.

    26 Feb 2021

  • Size over price: Qingdao LGFV nets $600m

    Huatong International Investment Holdings Co, a Chinese local government financing vehicle, raised $600m from its bond on Thursday, but had to sacrifice a tighter price for a larger transaction.

    26 Feb 2021

  • Zhen Ding wraps up $250m loan

    Taiwanese printed circuit board manufacturer Zhen Ding Technology Holding has closed a $250m loan with three participants.

    26 Feb 2021

  • Best Arranger of African Loans – Standard Chartered

    In an extremely challenging year, Standard Chartered showed its strength and leadership in continuing to find liquidity for its clients in the African loans market, lead arranging financings for some 18 borrowers, almost three times as many as the bank’s nearest competitor.

    26 Feb 2021

  • Best Arranger of Green and ESG-Linked Loans – Crédit Agricole CIB

    Crédit Agricole CIB has long been one of the leading pioneers of sustainable finance. It was the only European bank involved in the creation of the Green Bond Principles in 2014 and has since led more green, social and sustainable bonds than any other investment bank.

    26 Feb 2021

  • Best Arranger of Mid-Cap Loans – Commerzbank

    Commerzbank has long been recognised as a leader in the mid-cap loans segment, building on its decades of experience with the German Mittelstand to serve clients from dedicated hubs in Frankfurt, London, Paris, New York and Hong Kong.

    26 Feb 2021

  • Best Agent for International US Private Placements – NatWest Markets

    A feature of many privately-transacted industries is that in the good times it is sometimes hard to know which firms are on top — it takes a crisis to find out.

    26 Feb 2021

  • Best Arranger of Schuldscheine – LBBW

    The Schuldschein market might have had a disappointing year as the pandemic kept borrowers away, pushing issuance down to €19.5bn in 2020 from €27bn a year earlier. But for LBBW it was an opportunity to showcase its market know-how as an arranger.

    26 Feb 2021

  • Best Arranger of Loans in Turkey – Standard Chartered

    While Turkish banks and corporates have ably endured periods of markets volatility in recent years, the impact of the pandemic last year presented a particularly tough test, one that threatened to disrupt the loan financing flows to the country.

    26 Feb 2021

  • Best Arranger of Iberian Loans – Santander Corporate & Investment Banking

    Santander Corporate & Investment Banking not only retained its pre-eminent position in the Iberian loan market last year, the bank even raised its market share as it stepped up to support clients amid an unprecedented year.

    26 Feb 2021

  • Best Advisor for US Private Placements – Rothschild & Co

    Having developed extensive and deep corporate finance relationships with many of the companies listed on the FTSE-250, Rothschild & Co is often the go-to investment bank for enabling these and other UK mid-caps access to the international US private placement market.

    26 Feb 2021

  • Loan House of the Year – BNP Paribas

    BNP Paribas had an extraordinary 2020. While the bank tends to lead the loans league tables, it easily outperformed its rivals last year, notching up a double-digit market share, and led on issues central to the future of the market, such as sustainability-linked loans and risk free rate replacements.

    26 Feb 2021

  • Best Subordinated Debt Investor – MV Credit

    MV Credit has long been one of the biggest success stories in private debt investing, a track record that has led the firm to be frequently recognised by GlobalCapital in this award category.

    26 Feb 2021

  • Best Corporate Finance Advisor Rothschild & Co

    In an unprecedented year for companies, corporate finance advisors were no doubt in constant demand as clients sought the best advice on all their options to raise — and keep hold of — cash and liquidity.

    26 Feb 2021

  • Gangfeng Lithium digs up plans for placement

    Chinese company Gangfeng Lithium Co is gearing up to tap equity investors for as much as HK$4.9bn ($632m) from a private placement of its Hong Kong-listed shares, as it looks to raise money to expand some of its projects and investments.

    26 Feb 2021

  • Cheerwin gauges appetite for HK listing

    Cheerwin Group, a Chinese company that makes personal and household care products, has thrown open its up to HK$3.1bn ($400m) Hong Kong IPO, testing investor appetite following a slump in the benchmark index this week over a planned increase in the stamp duty paid on stock trading.

    26 Feb 2021

  • El Salvador rally withstands volatility as bonds look beyond midterms

    El Salvador’s bonds retained recent gains on Thursday as EM’s riskiest credits proved resilient to the week’s US Treasury sell-off, with bondholders hoping that Sunday’s mid-term elections will give president Nayib Bukele the political capital he requires to implement an IMF programme.

    26 Feb 2021

  • EM bonds start to suffer as UST volatility takes toll

    Emerging market assets took a hit after several days of US rates volatility this week as market participants braced for further gyrations and issuers avoided raising dollar bonds. Market participants are praying that further central bank stimulus will pacify markets and believe that the asset class is far better prepared for higher rates than it was for the 2013 taper tantrum. Oliver West, Lewis McLellan and Mariam Meskin report.

    25 Feb 2021

  • Banks and investors’ backing of fossil fuels clash with their climate pledges

    Banks and investors’ claims to be acting on climate change appear to clash with the financing they still provide in the real economy, research showed this week — such as plans to increase fossil fuel production and consumption, even in the UK and France.

    25 Feb 2021

  • Petbra bonds recover but CEO sacking raises Brazil doubts

    Spreads on Petrobras’s bonds recovered most of their lost ground this week after a sharp sell-off followed Brazilian president Jair Bolsonaro sacking the company’s chief executive on Monday. But while strong quarterly results released on Wednesday were a reminder of the state-owned oil and gas giant’s fundamental strength, Bolsonaro’s actions have led to questions around policy decisions in an economy with major fiscal issues.

    25 Feb 2021

  • Banks grow anxious over ECB’s ESG criteria

    Senior bank finance and capital markets figures speculated this week about where the ECB would be most likely to throw its weight in its effort to boost the sustainability of its balance sheet. With a senior eurozone central banker having recently urged it to decarbonise its assets, banks are on high alert as they anticipate sweeping changes to asset purchase and repo terms, writes Bill Thornhill.

    25 Feb 2021

  • Schuldscheine: die or defer

    The Schuldschein market must adapt if it wants to win back its international borrower base. While competing with public bonds on price may be out of reach, the instrument can take a leaf out of the US private placement’s book and introduce deferred funding.

    25 Feb 2021

  • Treasury sell-off may begin to sting in primary

    The rise in US Treasury yields has begun to sour. While at first it was hailed as an indication that investors were anticipating rapid economic recovery and stimulus-borne inflation, it seems now to have outstripped inflation expectations. The sell-off shows little sign of slowing, and if the volatility does not abate, primary markets could begin to suffer.

    25 Feb 2021

  • Finance is fossilised

    Look at any bank’s website or hear its CEO speak and you will get a torrent of virtuous words about climate change, sustainability and supporting clients on their journeys to net zero. The same goes for big investors, from BlackRock down, but the windows of their ivory towers are misted up with all the hot air being spouted.

    25 Feb 2021

  • Big guns defy sell-off as US high grade bonds hold firm

    The sell-off in the US Treasury and equity markets intensified this week as hopes rose of faster economic growth which could lead the Federal Reserve to taper quantitative easing. But that did not stop Japanese telecoms company Nippon Telegraph and Telephone Corp raising $8bn with its first dollar bond issue for nine years, amid a stampede for cheap funding.

    25 Feb 2021

  • CLO tech firms step up as investors hone in on doc terms

    The complexity of CLO documentation, and the need for easy access to deal info is encouraging tech providers to step into the breach and offer solutions to simplify the time-consuming processes of CLO investing. As managers adapt their deals to handle the fallout of the pandemic, good tools to handle documentary complexity have become all the more important.

    25 Feb 2021

  • Serbia EUR1bn 1.65% March 33

    25 Feb 2021

  • Saudi Arabia EUR1bn 0% March 24 EUR500m 0.625% March 30

    25 Feb 2021

  • Dyal Capital sells billions of PP debt to distribute to investors

    Dyal Capital, the US private equity firm that specialises in buying minority equity stakes in private equity and hedge fund managers, has employed a financing method — private placements securitized on fund cashflows — rarely seen before in its industry, writes Silas Brown.

    25 Feb 2021

  • CEE sovereign duo sell bonds in deep euro market

    Serbia and Croatia issued euro-denominated bonds this week. Market participants said the deals showed there was strong appetite for the right kind of sovereign credits.

    25 Feb 2021

  • MuniFin EUR1bn 0% Mar 31

    25 Feb 2021

  • KommuneKredit EUR1bn 0% Mar 31

    25 Feb 2021

  • KfW USD5bn 0.25% Mar 24

    25 Feb 2021

  • ADB USD2bn 1.5% Mar 31

    25 Feb 2021

  • EU readies second SURE deal of 2021 amid steep rates sell-off

    The European Union this week began preparing its second Support to mitigate Unemployment Risks in an Emergency transaction of the year, amid a volatile period in the rates market driven by reflation concerns.

    25 Feb 2021

  • US and Japanese names welcomed in euros

    Non-European names hit the euro market this week with a trio of US companies and Japan’s Nippon Telegraph & Telephone Corp (NTT) raising debt. But syndicate bankers say rising US rates are still way off the sweet spot that would make the euro market irresistible for all Reverse Yankee issuers.

    25 Feb 2021

  • NatWest broadens ESG offering with debut social housing bond

    NatWest expanded its environmental, social and governance (ESG) offering with its debut social housing bond this week, the first from a UK financial issuer, landing the €1bn deal well through fair value.

    25 Feb 2021

  • Saudi euro bond underwhelms despite negative yield

    Saudi Arabia sold its second euro denominated bond on Wednesday, achieving a negative yield — the first bond of its kind from a Middle East issuer. However, some in the market were underwhelmed with the transaction, which they say is evident in the deal statistics.

    25 Feb 2021

  • NatWest Group EUR1bn 0.78% 9NC8 social senior

    25 Feb 2021

  • EasyJet lands blowout trade but travel sector still facing turbulence

    EasyJet, the UK budget airline, avoided any turbulence on its return to the bond market on Wednesday, managing to land a €1.2bn deal with no new issue premium that was almost five times oversubscribed.

    25 Feb 2021

  • BNP Paribas serves up Swissie return

    BNP Paribas returned to the Swiss franc market to land a new senior non-preferred issue slightly inside its euro curve this week. In recent weeks, several foreign borrowers have tapped the market and, with tightening levels looking attractive, bankers are confident more could follow.

    25 Feb 2021

  • Banks mark four-fold increase in ESG deals this year to date

    Financial institutions have ramped up their sales of green debt at the start of 2021, as they look to take advantage of a quiet funding year by building out their environment, social and governance frameworks. This week, nearly all FIG euro issuance arrived in ESG formats.

    25 Feb 2021

  • SPAC fever spills into HY as Ardagh strikes can deal

    High yield market darling Ardagh has joined in with the SPAC fever sweeping capital markets, announcing on Tuesday the merger of its drinks can business with a SPAC sponsored by billionaire Alec Gores. The combined business wasted no time in launching the debt finance for the deal, with a $2.3bn-equivalent four tranche green bond following on Thursday.

    25 Feb 2021

  • Investors jet to aircraft ABS to play recovery trade

    Investors are warming to aircraft ABS as a way to play the pandemic recovery, after the early successes of Covid-19 vaccination programmes brought hopes of blue skies ahead for the aviation industry. Jennifer Kang reports.

    25 Feb 2021

  • DBJ snags dollar three year with sharp tightening

    Development Bank of Japan became the second SSA borrower of the week to sell a dollar benchmark in the supplied three year tenor, tightening pricing by 5bp on the sustainability bond.

    25 Feb 2021

  • NTT dials in blowout transatlantic trade

    Nippon Telegraph & Telephone Corp (NTT) had a storming outing in the bond markets this week, easily raising €1bn in Europe and $8bn on the other side of the Atlantic to refinance M&A bridge debt.

    25 Feb 2021

  • Italy unveils sovereign green bond framework

    Italy published its much anticipated green bond framework on Thursday, ahead of a debut green BTP later in 2021.

    25 Feb 2021

  • TV Azteca, in bond dispute, posts strong Q4 results

    Mexican broadcaster TV Azteca, which missed a coupon payment on its international bond earlier this month amid plans for a 'debt reorganisation', surprised analysts by posting strong fourth quarter results this week.

    25 Feb 2021

  • Moves in Brief: February 25, 2021

    NatWest boosts Floyd — Gabi gone: HSBC reshuffles DCM — UniCredit replaces Hecker — Bots takes two

    25 Feb 2021

  • Middle East offers sliver of optimism in desolate market

    Emerging market loan bankers say that despite a drought of activity, discussions with Middle East borrowers may offer a reprieve.

    25 Feb 2021

  • Volkswagen tightens auto spread to 2018 with market reopener

    Auto spreads in the European ABS market have tightened to levels not seen since 2018 after Volkswagen Bank priced its German lease deal, VCL 32, at a discount margin of 15bp over one-month Euribor on Wednesday.

    25 Feb 2021

  • STS ‘starting to have effect we were hoping for,’ says Santander’s Gandy

    Securitizations with the ‘simple, transparent and standardised’ (STS) label have definitively started pricing better than non-STS deals for the first time since the framework’s launch in 2019, said Santander managing director Steve Gandy, speaking at Afme’s 12th Annual Spanish Capital Markets Virtual Conference.

    25 Feb 2021

  • Aston taps pricey rescue deal after long rally

    Aston Martin has launched a £70m-equivalent tap of its $1.085bn 10.5% notes, which have been trading more than nine points higher than when they were priced last year in the teeth of market volatility leading into the US presidential election.

    25 Feb 2021

  • Legal update to benefit Cédulas

    The transposition of the EU's Covered Bond Directive (CBD) into Spanish law is likely to be credit positive, according to a poll of delegates who attended the Association of Financial Markets in Europe’s 12th annual Spanish Capital Markets Virtual Conference on Thursday.

    25 Feb 2021

  • BlackRock and Amundi: climate actions to speak louder than words

    BlackRock and Amundi, the largest asset managers in the US and Europe, have both published policies on how they intend to engage with companies about climate change. After widespread criticism, BlackRock has moved a long way towards a more proactive stance, but it is not clear yet that either firm is prepared to get really tough with high carbon emitters — especially in their passive portfolios.

    25 Feb 2021

  • Europe caught in a ‘trap’ of bail-in reluctance, says legal expert

    A professor of financial law told a panel at the European Banking Institute this week that the EU still had a “rather long way to go” in its work to establish a credible bail-in regime, leaving member states vulnerable to costly bailouts.

    25 Feb 2021

  • Handelsbanken Kangaroo lands at decade tight spread

    Svenska Handelsbanken returned to the Kangaroo market this week to print a five year preferred senior deal at a decade tight level, as the long-term absence of funding from the Aussie market's major domestic banks drives down senior spreads.

    25 Feb 2021

  • Croatia takes advantage of euro market momentum

    Croatia was set to price a bond in euros on Thursday, following two other EM sovereign issuances in the currency this week.

    25 Feb 2021

  • US Securitization Awards 2021 — call for nominations and pitches

    GlobalCapital is pleased to invite nominations for its 2021 US Securitization Awards, seeking to recognise the most notable and innovative deals, banks and market participants in the calendar year 2020.

    25 Feb 2021

  • Bureau Veritas adds ESG metrics to loan and restarts dividend

    Bureau Veritas, the French laboratory testing company, has amended its €600m bank line to include ESG elements, as the company is on course to breeze through its relaxed covenant restrictions at the next evaluation.

    25 Feb 2021

  • Schuldschein agents toy with delayed draws to tempt borrowers back

    Schuldschein agents have begun offering borrowers delayed draws in a bid to increase the product's value as a funding option. Many investors are wary of the prospect of deferred funding but are also desperate for supply.

    25 Feb 2021

  • How NatWest Markets pivoted in a pandemic

    The accelerated transformation of NatWest's once-troubled investment bank has put it on the path to sustainable growth, writes David Rothnie.

    25 Feb 2021

  • NatWest picks new head of debt origination

    NatWest has promoted Carla Floyd to head of debt and financing solutions — a newly created job that sits in its ringfenced bank but nonetheless effectively involves running debt capital markets origination for corporate clients.

    25 Feb 2021

  • Demand for growth stocks stays strong despite Nasdaq fall

    A sell-off on Wall Street this week has left many wondering how far the equity rally can go before rising inflation spoils the party for innovative companies. But a big pipeline of tech IPOs is still set to emerge.

    25 Feb 2021

  • FSB to assess bank capital buffer ‘usability’ in July report

    The Financial Stability Board is looking into how banks have used their capital and liquidity buffers during the coronavirus crisis and expects to publish a report containing some of its ‘preliminary’ findings in July.

    25 Feb 2021

  • Indiabulls sells CB after regulations scupper vanilla deal

    Indiabulls Housing Finance has sold India’s first international convertible bond in more than a year, spurring interest from other companies struggling to raise funds in the country’s domestic market. But potential issuers will have to deal with a lot of regulatory hurdles, writes Jonathan Breen.

    25 Feb 2021

  • Kexim spices up dim sum bond market with rare Korean supply

    The Export-Import Bank of Korea returned to the offshore renminbi bond market after nearly three years this week. It took advantage of a recent rally in the CNH swap rate to raise Rmb1.5bn ($232.4m). Addison Gong reports.

    25 Feb 2021

  • A welcome boom in Asian capital markets

    A Covid baby boom has come to capital markets.

    25 Feb 2021

  • Investors dial in to Bharti Airtel's dollar return

    Indian telecommunication company Bharti Airtel found strong support from global investors for its bond this week, allowing it to raise more money than expected and price the $1.25bn deal at a tight level.

    25 Feb 2021

  • SciClone Pharma prices HK$2.2bn IPO at top end

    SciClone Pharmaceuticals bagged HK$2.18bn ($281.2m) after pricing its IPO high on the back of storming demand from institutional and retail investors, according to sources close to the deal.

    25 Feb 2021

  • Castle Peak fires up third transition bond, bags $300m

    Hong Kong's Castle Peak Power Co sold its third energy transition bond on Wednesday, raising $300m and solidifying its leadership in the sector in Asia.

    25 Feb 2021

  • India’s ReNew to list on Nasdaq via $8bn Spac deal

    Indian renewable energy company ReNew Power is planning to list on the Nasdaq in the US through an $8bn merger with a special purpose acquisition company (Spac).

    25 Feb 2021

  • SMC Global Power seeks $200m in senior syndication

    Philippines’ SMC Global Power Holdings, the power unit of conglomerate San Miguel Corp, has returned to the loan market for $200m.

    25 Feb 2021

  • Piramal Glass invites banks to $360m LBO loan

    Private equity firm Blackstone has launched into syndication a $360m loan that will support its leveraged buyout of India’s Piramal Glass.

    25 Feb 2021

  • Guotai Junan ends two-year bond hiatus

    Guotai Junan International Holdings broke a two-year absence from the dollar bond market this week to raise $400m.

    25 Feb 2021

  • Far East Horizon returns to dollars

    Chinese financial leasing company Far East Horizon raised $500m from a bond sale on Wednesday after receiving orders of more than $3bn.

    25 Feb 2021

  • People and markets news in brief: February 25, 2021

    BofA puts China tech in focus – Davis Polk adds to Beijing team – SGX plants seeds for Orchid bonds

    25 Feb 2021

  • Guangzhou R&F makes quick comeback for $325m

    Guangzhou R&F Properties Co made a rapid return to the debt market this week for a $325m bond that proved popular with investors in the primary and secondary markets.

    25 Feb 2021

  • The return of CLO single-B tranches with Anchorage

    Investors in search of extra yield are pushing CLO managers to once again add single-B tranches to deal structures, now that the volatile market conditions of 2020 have subsided.

    24 Feb 2021

  • Together mixes CRE and resi in unique securitization

    Together, the specialist mortgage lender, is bringing a unique UK securitization with a portfolio combining buy-to-let residential properties and commercial real estate, a first of its kind for the market.

    24 Feb 2021

  • KfW tests short end as ADB goes long in dollars

    Two top tier SSA borrowers hit opposite ends of the curve on Wednesday. Asian Development Bank launched a trade at the 10 year tenor, braving a sharp sell-off in US Treasuries. KfW appeared at the short end of the curve where only a handful of borrowers have printed this year.

    24 Feb 2021

  • EU set to take centre in euro SSA market next week after RFP post

    The European Union will dominate the euro public sector bond market next week after sending banks a request for proposals (RFP) on Wednesday for its second Support to Mitigate Unemployment Risks in an Emergency (SURE) transaction of the year.

    24 Feb 2021

  • UniCredit to choose new ECM head after Hecker allegation

    UniCredit’s global head of equity capital markets and equity syndicate has left the bank after allegations of having done inappropriate side work for Markus Braun, former CEO of the collapsed Germany payments company Wirecard.

    24 Feb 2021

  • Equinix steepens curve but takes more than expected

    Equinix, the US data centre real estate investment trust, got a slightly larger size than expected for its dual tranche euro green bond on Wednesday, but its curve steepened.

    24 Feb 2021

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%