Telekom Austria to roadshow for hybrid

On Wednesday, Telekom Austria satisfied speculation about its plans for hybrid issuance by announcing a mandate to Citigroup, Morgan Stanley (structuring advisers), BofA Merrill and UniCredit to arrange a perpetual hybrid transaction in euros.

  • 17 Jan 2013

Telekom Austria is rated Baa1 (negative)/BBB (stable), so the 50% equity credit hybrid will likely be rated Baa3/BB+. No details have been given on size or the first call date.

The roadshow will begin today (Friday) with one-on-one conference calls, and visit Munich and Frankfurt on Monday, London on ...

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 Citi 28,910.79 133 5.91%
2 JPMorgan 28,222.08 135 5.77%
3 Barclays 27,736.00 97 5.67%
4 Bank of America Merrill Lynch 26,939.73 123 5.51%
5 Deutsche Bank 23,318.61 103 4.77%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 10,133.09 20 11.18%
2 Bank of America Merrill Lynch 7,471.18 17 8.24%
3 Deutsche Bank 6,325.89 29 6.98%
4 Santander 5,551.04 18 6.12%
5 BNP Paribas 5,364.90 23 5.92%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 799.80 6 9.13%
2 Deutsche Bank 710.75 5 8.11%
3 JPMorgan 703.06 6 8.02%
4 BNP Paribas 554.64 4 6.33%
5 Goldman Sachs 489.41 4 5.59%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 6,897.71 44 11.44%
2 JPMorgan 5,722.96 42 9.50%
3 Bank of America Merrill Lynch 4,628.16 33 7.68%
4 Goldman Sachs 4,199.43 29 6.97%
5 Morgan Stanley 4,092.86 26 6.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 6,090.31 21 5.93%
2 JPMorgan 5,522.59 18 5.38%
3 Citi 5,318.49 17 5.18%
4 Deutsche Bank 5,172.92 24 5.04%
5 Credit Agricole CIB 5,152.48 24 5.02%