Corporates serve up a choice of greens

Investors in green corporate bonds had two very different deals offered to them on Tuesday. Spanish utility Iberdrola sold a green hybrid bond, while Toyota Motor Credit Corp, Toyota’s auto finance subsidiary, offered a long 3.5 year green tranche alongside a seven year non-green tranche.

  • By Nigel Owen
  • 14 Nov 2017
Iberdrola is no stranger to either hybrid bonds or green bonds. It sold its first hybrid bond in 2013, which has its first call date in February 2018. It had not issued a green bond at the time it sold that hybrid deal, but it had sold ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 57,849.16 274 6.40%
2 Bank of America Merrill Lynch 52,220.94 256 5.78%
3 Citi 45,479.43 267 5.03%
4 Goldman Sachs 43,038.19 165 4.76%
5 Barclays 40,901.56 164 4.53%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 BNP Paribas 14,719.37 60 9.52%
2 SG Corporate & Investment Banking 11,443.69 48 7.40%
3 Deutsche Bank 10,370.82 47 6.71%
4 Goldman Sachs 9,947.03 25 6.44%
5 JPMorgan 9,133.99 41 5.91%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,858.53 33 8.03%
2 JPMorgan 2,667.48 29 7.49%
3 Credit Suisse 2,291.44 22 6.44%
4 Goldman Sachs 2,130.55 21 5.98%
5 Deutsche Bank 1,993.88 21 5.60%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,523.06 89 9.83%
2 Citi 8,772.90 73 7.49%
3 Barclays 8,022.99 57 6.85%
4 Goldman Sachs 7,786.76 64 6.64%
5 Bank of America Merrill Lynch 7,574.81 71 6.46%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 13,788.65 56 6.66%
2 JPMorgan 12,891.77 45 6.23%
3 Citi 11,913.13 50 5.75%
4 Deutsche Bank 11,619.66 50 5.61%
5 Goldman Sachs 11,398.08 28 5.50%