Banco Popular bondholders take heart ahead of SNS compensation decision

A Dutch court is expected to rule next year that the former creditors of SNS are entitled to compensation for losses they suffered as a result of the bank’s nationalisation in 2013. This episode is being followed closely by the bondholders that were more recently wiped out in the resolution of Banco Popular, who feel that the two cases have a lot in common.

  • By Tyler Davies
  • 20 Dec 2018

Investors left holding shares or subordinated bonds issued by SNS Reaal and SNS Bank lost all of their holdings when the Dutch government decided to place the failing financial institution under public ownership in February 2013.

Because the prevailing banking laws in the Netherlands recognised the principle ...

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 International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 382.27 1781 8.35%
2 Citi 352.79 1522 7.70%
3 Bank of America Merrill Lynch 303.84 1316 6.63%
4 Barclays 273.76 1150 5.98%
5 HSBC 225.76 1248 4.93%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 57.16 234 8.34%
2 Credit Agricole CIB 44.53 208 6.50%
3 JPMorgan 34.02 99 4.97%
4 UniCredit 30.43 162 4.44%
5 SG Corporate & Investment Banking 30.18 151 4.41%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13.16 82 8.26%
2 Goldman Sachs 12.58 64 7.89%
3 Morgan Stanley 12.18 55 7.64%
4 Citi 10.09 71 6.33%
5 Credit Suisse 6.93 38 4.35%