SocGen tightens AT1 pricing as investors pile in

Société Générale got an enthusiastic response to its debut additional tier one capital trade on Thursday, managing to tighten pricing from the initial level after investors placed around $4bn of orders for a potential $1bn-$1.25bn trade.

  • By Will Caiger-Smith
  • 29 Aug 2013
The deal is only the second capital requirements directive-compliant AT1 trade to hit the market since the regulatory package was finalised earlier this yearBBVA is the ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 13,985.36 78 5.55%
2 UniCredit 12,869.58 96 5.11%
3 Natixis 11,652.77 67 4.63%
4 UBS 11,458.20 62 4.55%
5 LBBW 11,285.83 74 4.48%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 87,420.99 365 6.16%
2 Citi 78,905.88 424 5.56%
3 Bank of America Merrill Lynch 78,797.89 327 5.55%
4 Goldman Sachs 72,613.81 636 5.11%
5 Morgan Stanley 72,406.38 414 5.10%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 70,642.78 252 11.08%
2 Bank of America Merrill Lynch 65,433.97 274 10.27%
3 Citi 61,723.62 322 9.68%
4 Morgan Stanley 54,569.85 313 8.56%
5 Goldman Sachs 54,299.46 565 8.52%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 8,357.33 33 7.02%
2 Commerzbank Group 6,550.39 26 5.51%
3 Deutsche Bank 6,535.71 22 5.49%
4 UniCredit 6,513.66 27 5.47%
5 LBBW 6,441.23 28 5.41%

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 HSBC 7,765.93 22 11.94%
2 BNP Paribas 5,338.58 23 8.21%
3 Barclays 5,124.61 20 7.88%
4 Credit Suisse 4,520.44 16 6.95%
5 UBS 3,976.00 19 6.11%