Sparebank 1 SMN set to break senior drought

Sparebank 1 SMN is preparing to open books on its debut fixed rate senior unsecured bond this week, EuroWeek Bank Finance can reveal. Conditions would be fine for an issue, said FIG bankers, with the market stable on Tuesday.

  • 12 Feb 2013

The Norwegian regional lender only has floating rate notes (FRNs) outstanding in senior unsecured format, and has been looking at issuing a fixed rate bond since the third quarter of 2012.

The A1/A- rated bank originally mandated Barclays, Citi and HSBC for a roadshow in October. However, the ...

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.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,704.99 54 5.50%
2 UniCredit 9,192.82 61 5.21%
3 LBBW 8,744.00 54 4.96%
4 Natixis 8,477.22 42 4.80%
5 Credit Suisse 8,000.81 42 4.53%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 64,509.44 227 6.60%
2 JPMorgan 63,002.07 249 6.44%
3 Citi 60,599.99 282 6.20%
4 Goldman Sachs 57,405.56 463 5.87%
5 Morgan Stanley 51,266.23 276 5.24%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 53,878.36 189 11.15%
2 JPMorgan 53,201.53 180 11.01%
3 Citi 49,054.41 223 10.15%
4 Goldman Sachs 42,774.10 409 8.85%
5 Morgan Stanley 39,644.53 216 8.20%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,511.67 24 7.36%
2 UniCredit 5,302.66 21 5.99%
3 Deutsche Bank 5,002.94 16 5.66%
4 LBBW 4,987.08 21 5.64%
5 Commerzbank Group 4,984.41 19 5.63%

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 4,729.28 11 10.98%
2 Barclays 3,919.93 12 9.10%
3 UBS 3,374.07 13 7.83%
4 BNP Paribas 3,351.70 12 7.78%
5 Credit Agricole CIB 2,490.29 7 5.78%