Juve banks on its history to rationalise its future

Record breaking Italian football club Juventus made its debut in the corporate bond market on Wednesday. It used the Agnelli family’s involvement in the ownership and running of the club for nearly a century to market the bond, but Italian football clubs do not have a great financial track record, writes Nigel Owen.

  • By Nigel Owen
  • 14 Feb 2019
Parma, a club that enjoyed 13 consecutive seasons in European club competitions until 2005, went into administration between 2004 and 2007 and was declared bankrupt with total liabilities of €218m in 2015. Fiorentina beat Arsenal and Manchester United in the UEFA Champions League in 1999, but went into ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 77,020.66 396 5.61%
2 Citi 70,644.81 379 5.14%
3 Bank of America Merrill Lynch 69,555.46 375 5.06%
4 Barclays 61,172.01 270 4.45%
5 Goldman Sachs 52,444.15 258 3.82%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 20,165.66 52 8.65%
2 BNP Paribas 16,075.93 92 6.90%
3 SG Corporate & Investment Banking 14,325.15 63 6.15%
4 Bank of America Merrill Lynch 14,105.99 45 6.05%
5 Deutsche Bank 13,139.03 67 5.64%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 2,970.40 18 7.33%
2 JPMorgan 2,822.43 22 6.97%
3 Citi 2,783.23 20 6.87%
4 BNP Paribas 2,674.33 25 6.60%
5 Goldman Sachs 2,523.29 20 6.23%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 16,843.24 134 9.96%
2 Citi 15,359.69 127 9.09%
3 Bank of America Merrill Lynch 12,650.81 105 7.48%
4 Goldman Sachs 12,435.18 94 7.36%
5 Morgan Stanley 9,748.90 76 5.77%

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 5.82%
2 SG Corporate & Investment Banking 13,889.15 66 5.18%
3 Barclays 13,651.30 58 5.09%
4 JPMorgan 13,469.46 59 5.02%
5 Citi 13,203.46 60 4.92%