NordLB lines up with ‘interesting’ 10 year Pfandbrief

NordLB has mandated joint leads for a 10 year Pfandbrief which some bankers believe will prove an ‘interesting’ trade, reflecting the view that spreads are tight to competing agency paper.

  • By Bill Thornhill
  • 10 Jan 2018

NordLB mandated BayernLB, Natixis, NordLB, Santander and UniCredit for the deal on Wednesday for launch on Thursday.

The German bank is in the process of shoring up its capital base after absorbing Bremer Bank’s non-performing shipping loan portfolio and for this reason, some ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,646.84 53 5.49%
2 UniCredit 9,161.39 60 5.21%
3 LBBW 8,568.90 53 4.88%
4 Natixis 8,477.22 42 4.82%
5 Credit Suisse 7,862.88 42 4.47%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 61,562.95 204 6.83%
2 JPMorgan 59,915.32 224 6.65%
3 Citi 57,703.06 264 6.40%
4 Goldman Sachs 50,576.11 408 5.61%
5 Morgan Stanley 47,552.83 249 5.28%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 51,483.28 169 11.71%
2 JPMorgan 50,463.92 159 11.47%
3 Citi 46,416.84 207 10.55%
4 Goldman Sachs 39,496.10 363 8.98%
5 Morgan Stanley 36,328.64 191 8.26%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,511.67 24 7.33%
2 UniCredit 5,302.66 21 5.97%
3 Deutsche Bank 5,002.94 16 5.64%
4 LBBW 4,811.97 20 5.42%
5 Commerzbank Group 4,809.31 18 5.42%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 HSBC 4,729.28 11 11.90%
2 UBS 3,374.07 13 8.49%
3 BNP Paribas 2,704.23 11 6.80%
4 Credit Agricole CIB 2,490.29 7 6.27%
5 Credit Suisse 2,352.50 10 5.92%