FCA Bank benefits from slower start to 2019

Italian auto finance bank FCA Bank found the feelgood factor in full effect on Friday as market participants suggested it priced a new three year deal more than 40bp tighter than if it had sold the same deal at the start of the year.

  • By Nigel Owen
  • 15 Feb 2019

Car finance companies are often some of the first issuers to sell corporate bonds each year and 2019 was no different when Toyota Motor Finance and RCI Banque opened the market on January 3. 

But FCA Bank, which is a joint venture between Fiat Chrysler and Crédit Agricole, ...

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 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%