Investors nervously await Nord Stream 2 sanctions detail

US Energy Secretary Rick Perry said on Tuesday that a sanctions bill restricting companies involved in Russia's Nord Stream 2 project would come in the “not too distant future”. That left investors wondering how and if this will affect their portfolios as bond bankers dredged up memories of when Nord Stream 1 was on track to print its own international bond through BNP Paribas before capital markets sanctions were imposed on Russia in 2014.

  • By Francesca Young
  • 22 May 2019

For the most part, investors seemed to take the news well, saying that they needed more details of the proscriptions before markets were alarmed.

The company has no Eurobonds outstanding, though a Nord Stream 1 deal had previously been planned, demonstrating potential appetite from the stable of issuers ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 25,927.93 123 7.90%
2 Citi 25,029.70 142 7.63%
3 HSBC 23,187.25 187 7.07%
4 Standard Chartered Bank 18,805.71 138 5.73%
5 Deutsche Bank 12,999.55 75 3.96%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 4,840.63 18 12.80%
2 JPMorgan 4,233.83 16 11.20%
3 Bank of America Merrill Lynch 4,224.27 16 11.17%
4 Morgan Stanley 2,844.36 8 7.52%
5 Santander 2,739.35 14 7.24%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,182.58 47 13.35%
2 Citi 11,460.94 41 10.78%
3 Standard Chartered Bank 9,758.40 40 9.18%
4 HSBC 6,935.09 32 6.53%
5 BNP Paribas 5,847.14 17 5.50%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 ING 1,042.99 8 10.37%
2 UniCredit 935.34 8 9.30%
3 Citi 888.09 6 8.83%
4 MUFG 879.29 5 8.74%
5 Industrial & Commercial Bank of China - ICBC 773.42 4 7.69%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,209.12 17 17.94%
2 HSBC 1,230.21 14 9.99%
3 Barclays 1,189.89 12 9.66%
4 Citi 1,115.60 14 9.06%
5 JPMorgan 1,110.10 13 9.01%