Celanese makes solo run with sub-benchmark

Friday’s sharp turnaround in US sentiment left some European corporate bond players unsure as to how their market might open on Monday. But the tone turned out to be positive and US chemicals company Celanese Corp was ready to take advantage.

  • By Nigel Owen
  • 04 Dec 2017
Celanese is rated Baa3/BBB- and had both ratings affirmed in June after it announced a joint venture with private equity firm Blackstone in cigarette filter maker Rhodia Acetow. Celanese owns 70% of the company, which Blackstone originally bought from Belgian chemicals group Solvay for around €1bn earlier this ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 57,322.14 270 6.41%
2 Bank of America Merrill Lynch 51,684.49 252 5.78%
3 Citi 45,517.59 265 5.09%
4 Goldman Sachs 42,728.59 163 4.78%
5 Barclays 40,901.56 164 4.57%

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 9.60%
2 SG Corporate & Investment Banking 11,443.69 48 7.46%
3 Deutsche Bank 10,223.72 46 6.67%
4 Goldman Sachs 9,799.92 24 6.39%
5 JPMorgan 8,986.89 40 5.86%

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 9.90%
2 Citi 8,704.15 72 7.48%
3 Barclays 8,022.99 57 6.89%
4 Goldman Sachs 7,624.26 63 6.55%
5 Bank of America Merrill Lynch 7,343.56 69 6.31%

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 6.70%
2 JPMorgan 12,744.66 44 6.19%
3 Citi 11,913.13 50 5.79%
4 Deutsche Bank 11,472.55 49 5.57%
5 Goldman Sachs 11,250.97 27 5.46%