September pipeline swelling with Gulf names ahead of hefty redemption schedule

The Middle East is facing its heaviest ever redemption schedule at the start of 2020, and investors are expecting the region to dominate the primary market when issuance begins in September.

  • By Lewis McLellan
  • 22 Aug 2019

The first quarter of 2020 will be the heaviest for redemptions that the region’s issuers have ever faced, with over $15bn of deals maturing, according to Dealogic.

“There’s a lot of names in the pipeline,” said an emerging markets portfolio manager. “We’re expecting a lot of names from ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 39,239.04 223 7.74%
2 HSBC 37,928.36 307 7.48%
3 JPMorgan 36,802.10 191 7.26%
4 Standard Chartered Bank 27,333.34 227 5.39%
5 Goldman Sachs 19,742.96 89 3.89%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,719.43 36 12.00%
2 JPMorgan 9,063.29 36 11.19%
3 Bank of America Merrill Lynch 6,672.20 26 8.23%
4 Goldman Sachs 5,908.94 23 7.29%
5 Santander 5,334.22 29 6.58%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,089.61 67 11.90%
2 Citi 15,564.88 61 10.84%
3 Standard Chartered Bank 11,417.32 59 7.95%
4 HSBC 8,619.65 46 6.00%
5 BNP Paribas 8,531.65 24 5.94%

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 2,518.73 15 13.37%
2 UniCredit 1,953.88 13 10.37%
3 SG Corporate & Investment Banking 1,851.18 13 9.82%
4 Citi 1,187.74 11 6.30%
5 MUFG 1,085.56 8 5.76%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,905.23 23 16.40%
2 Barclays 2,077.67 20 11.73%
3 HSBC 1,823.74 19 10.30%
4 MUFG 1,658.78 15 9.36%
5 JPMorgan 1,584.80 18 8.95%