Market choppy, but Cargill, Experian bonds sail smoothly

Financial markets remain rough, but the corporate bond new issue market is in business. That was the message of today’s output of two deals in Europe, by Cargill in euros and Experian in sterling.

  • By Jon Hay
  • 04 Feb 2014

The pair of issues follows two yesterday, from Luxottica and O2 Telefónica Deutschland – a somewhat surprising plenty, considering how imperfect market conditions are.

“The market is fine,” said one syndicate banker who was in action today. “In the same way that it was inexplicable and maybe not ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 66,757.76 342 5.49%
2 Citi 63,713.04 329 5.24%
3 Bank of America Merrill Lynch 60,631.95 321 4.99%
4 Barclays 54,088.79 237 4.45%
5 Morgan Stanley 45,474.85 271 3.74%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 16,345.14 44 8.06%
2 SG Corporate & Investment Banking 13,282.48 54 6.55%
3 BNP Paribas 12,838.32 74 6.33%
4 Deutsche Bank 12,112.01 61 5.97%
5 Citi 11,866.30 54 5.85%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 2,970.40 18 8.08%
2 Citi 2,605.77 18 7.09%
3 BNP Paribas 2,567.12 24 6.98%
4 JPMorgan 2,522.43 19 6.86%
5 Goldman Sachs 2,128.73 17 5.79%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,933.58 120 9.99%
2 Citi 13,421.25 109 8.98%
3 Bank of America Merrill Lynch 11,061.94 93 7.40%
4 Goldman Sachs 10,888.23 82 7.28%
5 Morgan Stanley 8,845.88 67 5.92%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 12,656.90 55 5.45%
2 BNP Paribas 12,352.71 71 5.32%
3 Citi 12,116.90 53 5.22%
4 JPMorgan 10,853.37 48 4.67%
5 HSBC 10,842.55 69 4.67%