Corporate bond market hit for six as spreads go low on turbocharged Thursday

Since the return of the corporate bond market in late August after its summer break, weekly issuance volumes have been fairly consistent. Within that though there have been a number of days without issuance and some days have been busy. Thursday was the busiest yet with six new deals pricing.

  • By Nigel Owen
  • 20 Sep 2018
Five issuers sold euro deals on Thursday, while Northern Ireland Electricity kept the sterling market interested at the same time. Renault sold the largest single tranche deal with a €750m eight year trade, but ratings ranged from Deutsche Bahn’s Aa1 to International Flavors & Fragrances’s Baa3, while tenors ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 109,943.02 469 5.98%
2 JPMorgan 106,012.90 487 5.76%
3 Citi 86,916.03 464 4.73%
4 Barclays 76,702.28 310 4.17%
5 Goldman Sachs 71,825.91 289 3.90%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 24,034.59 107 8.75%
2 Deutsche Bank 20,330.35 73 7.40%
3 SG Corporate & Investment Banking 19,058.39 89 6.93%
4 UniCredit 15,521.61 71 5.65%
5 HSBC 14,299.09 80 5.20%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 4,861.86 36 7.33%
2 BNP Paribas 4,648.08 55 7.01%
3 Deutsche Bank 4,245.09 42 6.40%
4 JPMorgan 3,756.57 41 5.66%
5 Credit Suisse 3,672.86 39 5.54%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,016.51 146 10.22%
2 Goldman Sachs 14,082.73 99 7.57%
3 Credit Suisse 13,243.20 94 7.12%
4 Bank of America Merrill Lynch 12,775.52 117 6.87%
5 Citi 12,347.90 105 6.64%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 25,998.97 110 6.18%
2 BNP Paribas 24,179.70 104 5.75%
3 Barclays 24,153.71 85 5.75%
4 Deutsche Bank 22,544.70 90 5.36%
5 Citi 21,968.90 89 5.23%