Freeport digs $6.5bn in big-hitting US market

The US high grade credit market this week shrugged off the volatility arising from Italy’s election impasse, as some of the biggest names in corporate America priced large trades and investors gobbled up a jumbo M&A financing.

  • 01 Mar 2013

Freeport-McMoRan Copper & Gold proved that credit investors remain thirsty for event-driven financings, increasing its four tranche deal to $6.5bn after attracting a $15bn book.

Coca-Cola tapped the market for the first time for nearly a year, raising $2.5bn from $5bn of orders, as high grade corporate supply exceeded ...

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 122,575.91 533 6.02%
2 Bank of America Merrill Lynch 120,997.22 507 5.94%
3 Citi 97,515.24 509 4.79%
4 Barclays 82,932.95 333 4.07%
5 Goldman Sachs 81,894.66 314 4.02%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 27,590.77 120 8.93%
2 Deutsche Bank 21,930.45 80 7.10%
3 SG Corporate & Investment Banking 19,469.33 94 6.30%
4 HSBC 17,074.35 90 5.53%
5 UniCredit 16,301.39 75 5.28%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,404.19 42 7.74%
2 BNP Paribas 4,918.81 57 7.04%
3 Deutsche Bank 4,345.09 43 6.22%
4 JPMorgan 3,950.54 44 5.65%
5 Credit Suisse 3,757.05 40 5.38%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 20,123.74 153 10.15%
2 Goldman Sachs 15,830.49 107 7.98%
3 Credit Suisse 13,629.27 97 6.87%
4 Bank of America Merrill Lynch 13,267.41 122 6.69%
5 Citi 13,132.03 109 6.62%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,248.54 116 6.14%
2 BNP Paribas 26,642.60 114 5.79%
3 Barclays 25,943.52 91 5.64%
4 JPMorgan 25,775.62 85 5.60%
5 Deutsche Bank 24,198.66 96 5.26%