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 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 11,957.19 82 5.36%
2 HSBC 11,812.99 65 5.29%
3 LBBW 10,602.04 69 4.75%
4 UBS 10,527.02 56 4.72%
5 Natixis 10,458.17 56 4.69%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 76,957.45 328 6.18%
2 Citi 76,176.60 386 6.12%
3 Bank of America Merrill Lynch 74,603.42 292 5.99%
4 Goldman Sachs 69,690.96 577 5.59%
5 Morgan Stanley 64,371.16 356 5.17%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 63,096.80 230 10.70%
2 Bank of America Merrill Lynch 62,492.06 243 10.60%
3 Citi 59,302.09 288 10.06%
4 Goldman Sachs 52,921.63 512 8.97%
5 Morgan Stanley 49,826.68 275 8.45%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,713.92 29 7.27%
2 UniCredit 6,041.97 24 5.69%
3 LBBW 5,910.59 25 5.57%
4 Deutsche Bank 5,667.40 19 5.34%
5 Commerzbank Group 5,647.34 22 5.32%

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 7,584.11 21 12.84%
2 Barclays 4,776.16 18 8.08%
3 Credit Suisse 4,490.78 15 7.60%
4 BNP Paribas 4,171.68 19 7.06%
5 UBS 3,877.49 18 6.56%