Stryker downs tools until market improves

US medical technology company Stryker is still looking to bring its debut euro transaction following its recent roadshow, but is waiting for market conditions to improve before pushing its triple-tranche offering into the market.

  • By Nigel Owen
  • 21 Nov 2018

Stryker met with investors last week and would have planned to launch its deal as soon as it could after the well-flagged Takeda six tranche deal which priced last Thursday. 

However, with global markets selling off since then, prompting a barren week in the corporate bond market, Stryker has ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 125,350.32 549 5.91%
2 Bank of America Merrill Lynch 123,530.63 522 5.82%
3 Citi 101,828.00 535 4.80%
4 Barclays 84,284.85 343 3.97%
5 Goldman Sachs 83,539.45 324 3.94%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 28,401.19 124 8.95%
2 Deutsche Bank 22,113.09 83 6.97%
3 SG Corporate & Investment Banking 20,892.79 99 6.58%
4 UniCredit 17,012.87 79 5.36%
5 HSBC 16,474.81 91 5.19%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,527.11 43 7.82%
2 BNP Paribas 4,918.81 57 6.96%
3 Deutsche Bank 4,372.15 44 6.18%
4 JPMorgan 3,977.60 45 5.63%
5 Credit Suisse 3,757.05 40 5.31%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,901.51 153 10.02%
2 Goldman Sachs 14,830.49 106 7.47%
3 Credit Suisse 13,745.94 98 6.92%
4 Bank of America Merrill Lynch 13,267.41 122 6.68%
5 Morgan Stanley 12,977.13 92 6.53%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,288.85 117 5.97%
2 BNP Paribas 27,457.09 117 5.80%
3 Barclays 26,271.31 92 5.55%
4 JPMorgan 26,099.31 90 5.51%
5 Deutsche Bank 24,766.67 100 5.23%