Heidelberg maintains consistency as it cements another 10 year

German building materials company HeidelbergCement sold its first trade of 2018, replicating its last deal of 2017. It also priced the new deal at a spread close to that it paid in 2017.

  • By Nigel Owen
  • 16 Apr 2018

In June 2017, Heidelberg sold a €500m 10 year new issue at a spread of 85bp over mid-swaps, having started marketing the deal at 105bp and built an order book of around €1.75bn.

None of the five leads on the new deal, BNP Paribas, Bayern ...

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.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 98,633.09 448 5.86%
2 Bank of America Merrill Lynch 98,115.24 430 5.83%
3 Citi 83,365.80 436 4.95%
4 Barclays 72,485.68 284 4.30%
5 Goldman Sachs 67,421.03 263 4.00%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 21,838.84 99 8.78%
2 Deutsche Bank 18,365.60 68 7.38%
3 SG Corporate & Investment Banking 17,285.72 80 6.95%
4 UniCredit 14,616.54 67 5.88%
5 HSBC 12,627.71 70 5.08%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 4,096.77 49 6.96%
2 Deutsche Bank 3,839.34 38 6.52%
3 Goldman Sachs 3,623.05 30 6.16%
4 JPMorgan 3,599.75 39 6.12%
5 Credit Suisse 3,366.63 35 5.72%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,476.08 137 10.00%
2 Credit Suisse 12,881.03 89 7.37%
3 Goldman Sachs 12,373.76 90 7.08%
4 Citi 12,061.47 102 6.90%
5 Bank of America Merrill Lynch 11,966.50 108 6.84%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 24,012.60 99 6.17%
2 BNP Paribas 22,470.95 95 5.77%
3 Barclays 22,422.61 75 5.76%
4 Citi 21,095.98 83 5.42%
5 Deutsche Bank 21,068.78 84 5.41%