Commerzbank ‘ticks all boxes’ on green debut

Commerzbank enjoyed a smooth execution for its first green bond on Tuesday, having found a clear window to issue amid recently volatile market conditions.

  • By Tyler Davies
  • 16 Oct 2018

The German bank opened books on the new five year non-preferred senior deal with initial price thoughts of 105bp-110bp over mid-swaps.

Bookrunners ABN Amro, BBVA, Commerzbank, Crédit Agricole and ING published regular update on the size of the order book, which had topped €700m by 9.45am ...

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 8,974.41 77 6.09%
2 HSBC 8,340.23 42 5.66%
3 LBBW 8,280.86 47 5.62%
4 Barclays 6,490.00 33 4.40%
5 Natixis 6,473.22 31 4.39%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 45,058.32 233 6.16%
2 Bank of America Merrill Lynch 44,674.73 196 6.11%
3 JPMorgan 41,883.11 213 5.73%
4 Morgan Stanley 30,571.71 174 4.18%
5 HSBC 30,388.49 180 4.16%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 36,341.87 161 11.22%
2 Citi 35,156.35 178 10.85%
3 JPMorgan 32,810.27 159 10.13%
4 Morgan Stanley 22,387.28 122 6.91%
5 Wells Fargo Securities 22,079.88 94 6.82%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,346.40 20 6.84%
2 LBBW 5,291.48 20 6.77%
3 HSBC 4,549.39 16 5.82%
4 Deutsche Bank 4,534.04 16 5.80%
5 Credit Agricole CIB 4,493.73 19 5.75%

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 Barclays 5,933.32 13 16.41%
2 UBS 3,578.43 14 9.90%
3 Credit Agricole CIB 3,549.81 11 9.82%
4 BNP Paribas 2,554.19 12 7.07%
5 HSBC 1,977.94 14 5.47%