Watermark
Go to Asia edition
FIG

BIL tenders for €600m to build regulatory capital

Banque Internationale à Luxembourg, formerly part of Dexia, is offering to buy back a tier one and four lower tier two securities in a cash tender offer designed to bolster its regulatory capital.

  • 08 Jan 2013

Around €600m equivalent of paper is eligible for the offer, but the bank has capped the buyback at €350m.

The buyback was designed to optimise BIL’s regulatory capital and offer liquidity to investors, it said.

If the buyback is oversubscribed, a €225m 6.821% perpetual tier one will be ...

Please take a trial or subscribe to access this content.

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

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

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 %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 10,838.70 62 5.31%
2 UniCredit 10,159.00 75 4.98%
3 LBBW 10,110.44 66 4.95%
4 Natixis 9,893.81 52 4.85%
5 Commerzbank Group 9,434.96 58 4.62%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 74,770.87 312 6.42%
2 Bank of America Merrill Lynch 71,954.77 266 6.18%
3 Citi 70,764.06 354 6.08%
4 Goldman Sachs 66,011.45 527 5.67%
5 HSBC 61,677.36 280 5.30%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 61,481.52 218 11.00%
2 Bank of America Merrill Lynch 60,236.14 220 10.77%
3 Citi 55,960.76 265 10.01%
4 Goldman Sachs 49,875.99 465 8.92%
5 Morgan Stanley 47,210.46 261 8.44%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Natixis 7,282.04 27 7.38%
2 Commerzbank Group 5,647.34 22 5.73%
3 LBBW 5,565.43 23 5.64%
4 SG Corporate & Investment Banking 5,470.19 24 5.55%
5 UniCredit 5,468.87 22 5.55%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • 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 %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 7,022.22 19 12.67%
2 Barclays 4,473.11 17 8.07%
3 Credit Suisse 4,278.10 14 7.72%
4 BNP Paribas 3,870.91 17 6.98%
5 UBS 3,864.55 18 6.97%