Equity-linked bankers expect busy September

Europe’s equity-linked market restarted with a bang this week, with more than €1.3bn of new supply. A scarcity of deals throughout this year and fears of a deteriorating economic outlook in the region are fueling a strong bid among investors for convertible bonds, particularly those issued by investment grade companies.

  • By Aidan Gregory
  • 05 Sep 2019
Edenred, the French provider of prepaid corporate vouchers, was first out of the gate, reopening the market on Tuesday after the traditional summer break with a debut €500m convertible bond due in 2024 that was priced at a yield of minus 1.53%, one of the deepest negative yields on ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 294,431.58 1323 8.57%
2 Citi 267,175.53 1124 7.78%
3 Bank of America Merrill Lynch 229,132.49 937 6.67%
4 Barclays 211,780.31 853 6.16%
5 Goldman Sachs 169,480.13 704 4.93%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 34,500.40 147 7.53%
2 Credit Agricole CIB 33,521.86 144 7.31%
3 JPMorgan 25,404.62 68 5.54%
4 Bank of America Merrill Lynch 23,368.44 65 5.10%
5 SG Corporate & Investment Banking 22,509.71 104 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9,157.42 55 10.33%
2 Morgan Stanley 8,122.33 40 9.16%
3 Goldman Sachs 7,432.91 40 8.38%
4 Citi 6,426.54 47 7.25%
5 UBS 4,913.18 26 5.54%