Blackstone Property fills in maturity curve

Blackstone Property Partners Europe on Friday made its third visit to the corporate bond market in eight months and opted for a maturity between its two outstanding bonds. The property fund has now printed €1.75bn of bonds since it sold its Logicor logistics business to China Investment Corp in June 2017.

  • By Nigel Owen
  • 08 Feb 2019
Blackstone sold Logicor to China Investment Corp for €12.25bn in June 2017, but then bought back a 10% stake six months later. It also raised Europe’s largest ever real estate fund at €7.8bn in the same year, before raising €2.3bn for its first core plus property fund in ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 78,475.06 405 5.59%
2 Citi 72,778.55 386 5.19%
3 Bank of America Merrill Lynch 69,820.23 378 4.98%
4 Barclays 61,975.62 275 4.42%
5 Goldman Sachs 53,073.36 263 3.78%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Barclays 20,165.66 52 8.58%
2 BNP Paribas 16,355.58 93 6.96%
3 SG Corporate & Investment Banking 14,459.73 64 6.15%
4 Bank of America Merrill Lynch 14,105.99 45 6.00%
5 Deutsche Bank 13,418.68 68 5.71%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 4,051.77 21 8.91%
2 Deutsche Bank 3,332.06 20 7.33%
3 BNP Paribas 2,987.66 27 6.57%
4 JPMorgan 2,855.76 23 6.28%
5 Goldman Sachs 2,523.29 20 5.55%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,276.28 137 9.81%
2 Citi 16,735.42 132 9.50%
3 Bank of America Merrill Lynch 12,882.26 107 7.31%
4 Goldman Sachs 12,730.92 97 7.23%
5 Morgan Stanley 9,867.65 77 5.60%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 15,614.90 90 5.79%
2 SG Corporate & Investment Banking 14,023.73 67 5.20%
3 Barclays 13,806.00 59 5.12%
4 JPMorgan 13,521.34 60 5.02%
5 Citi 13,338.04 61 4.95%