SMFG avoids premium as investors go for green

Sumitomo Mitsui Financial Group issued a green senior bond on Wednesday and paid no new issue premium after it received demand of twice its final size of €500m.

  • By David Freitas
  • 22 May 2019

Bookrunners Bank of America, SMBC Nikko and Crédit Agricole started the trade at initial price thoughts for the five year senior green notes at 65bp over mid swaps. Demand  reached €1bn.

The pricing was tightened to a final 50bp over mid swaps and the size was set ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 8,974.41 77 6.09%
2 HSBC 8,340.23 42 5.66%
3 LBBW 8,280.86 47 5.62%
4 Barclays 6,490.00 33 4.40%
5 Natixis 6,473.22 31 4.39%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 45,058.32 233 6.16%
2 Bank of America Merrill Lynch 44,674.73 196 6.11%
3 JPMorgan 41,883.11 213 5.73%
4 Morgan Stanley 30,571.71 174 4.18%
5 HSBC 30,388.49 180 4.16%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 36,341.87 161 11.22%
2 Citi 35,156.35 178 10.85%
3 JPMorgan 32,810.27 159 10.13%
4 Morgan Stanley 22,387.28 122 6.91%
5 Wells Fargo Securities 22,079.88 94 6.82%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,346.40 20 6.84%
2 LBBW 5,291.48 20 6.77%
3 HSBC 4,549.39 16 5.82%
4 Deutsche Bank 4,534.04 16 5.80%
5 Credit Agricole CIB 4,493.73 19 5.75%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 5,933.32 13 16.41%
2 UBS 3,578.43 14 9.90%
3 Credit Agricole CIB 3,549.81 11 9.82%
4 BNP Paribas 2,554.19 12 7.07%
5 HSBC 1,977.94 14 5.47%