Italcementi looks for five year high yield bonds

Italcementi, the Italian building product maker and fallen angel, is planning to issue at least €350m of five year bonds, having finished a roadshow in Milan this morning.

  • 13 Feb 2013

Rated Ba2/BB+, the company met over 150 investors in London, Paris, Germany and Milan during meetings arranged by Banca Imi, BNP Paribas, Crédit Agricole, Natixis and UniCredit.

Bookrunners are taking indications of interest today and said a deal could come as early as tomorrow. Initial investor feedback was in ...

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 Bank of America Merrill Lynch 70,623.36 316 6.10%
2 JPMorgan 70,280.95 323 6.07%
3 Barclays 57,428.20 205 4.96%
4 Citi 57,205.49 311 4.94%
5 Goldman Sachs 47,813.73 186 4.13%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 17,271.06 66 9.81%
2 SG Corporate & Investment Banking 12,597.82 58 7.16%
3 Deutsche Bank 11,505.98 50 6.54%
4 Goldman Sachs 10,119.49 27 5.75%
5 UniCredit 9,876.61 41 5.61%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,908.04 34 7.69%
2 JPMorgan 2,667.48 29 7.05%
3 Credit Suisse 2,342.19 23 6.19%
4 Goldman Sachs 2,130.55 21 5.63%
5 Deutsche Bank 1,993.88 21 5.27%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 12,583.04 101 9.96%
2 Citi 9,265.71 79 7.34%
3 Barclays 8,952.34 66 7.09%
4 Bank of America Merrill Lynch 8,939.78 84 7.08%
5 Goldman Sachs 8,019.67 66 6.35%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 18,280.44 50 6.78%
2 BNP Paribas 17,975.13 64 6.67%
3 HSBC 16,500.73 70 6.12%
4 Citi 16,305.77 59 6.05%
5 JPMorgan 14,710.95 48 5.46%