Telefonica puts telco sector's first call in to green bond market

Spanish telecoms company Telefónica on Monday launched the first green bond in euros from the telecoms sector. The firm, rated as one of Spain’s leading companies in the fight against climate change, published its Sustainable Development Goal (SDG) framework in November but had to wait two months to sell its first green bond.

  • By Nigel Owen
  • 31 Jan 2019
The green bond market has often been criticised for having a narrow range of issuers, so expansion into the telecoms sector was likely to be welcomed by investors in the asset class. The demand for Telefonica’s debut deal proved that, after the company made sure to educate investors ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 55,767.79 273 5.42%
2 JPMorgan 55,320.17 277 5.37%
3 Bank of America Merrill Lynch 52,001.47 261 5.05%
4 Barclays 48,519.07 199 4.71%
5 Deutsche Bank 39,130.42 193 3.80%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Barclays 15,387.15 38 9.21%
2 SG Corporate & Investment Banking 11,366.45 42 6.81%
3 Deutsche Bank 10,351.53 52 6.20%
4 Citi 10,209.99 45 6.11%
5 Bank of America Merrill Lynch 10,069.16 30 6.03%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 2,849.41 16 9.07%
2 Citi 2,449.34 16 7.80%
3 JPMorgan 2,393.95 17 7.62%
4 BNP Paribas 2,167.79 20 6.90%
5 Goldman Sachs 1,890.62 15 6.02%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 12,495.10 96 10.02%
2 Citi 11,803.94 91 9.47%
3 Bank of America Merrill Lynch 8,842.75 73 7.09%
4 Goldman Sachs 8,683.82 62 6.96%
5 Morgan Stanley 7,624.77 56 6.11%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 11,153.16 44 5.78%
2 Citi 10,746.74 42 5.57%
3 BNP Paribas 9,702.75 54 5.03%
4 Barclays 9,653.59 40 5.01%
5 JPMorgan 8,970.38 37 4.65%