Telecom Italia’s year-closing €1bn trades up as rally drives on

Telecom Italia’s €1bn bond, issued last Friday as the last benchmark European investment grade corporate bond of 2012, has tightened by 15bp in the secondary market, as the rally in credit grinds on right to year end.

  • 19 Dec 2012
The deal was the second Telecom Italia had issued since the summer – even though in early June, the company told EuroWeek it had done all its planned funding for the year. That was after a successful €1.5bn deal, split equally between three and 6.5 year tranches, priced ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 100,058.86 456 5.85%
2 Bank of America Merrill Lynch 99,628.65 440 5.82%
3 Citi 84,614.01 445 4.95%
4 Barclays 73,491.09 292 4.30%
5 Goldman Sachs 67,826.41 266 3.96%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 22,159.94 102 8.72%
2 Deutsche Bank 18,488.07 69 7.28%
3 SG Corporate & Investment Banking 17,591.36 83 6.92%
4 UniCredit 14,705.77 69 5.79%
5 HSBC 12,989.38 73 5.11%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 4,293.59 52 7.09%
2 Deutsche Bank 3,871.16 39 6.39%
3 Goldman Sachs 3,757.37 32 6.20%
4 JPMorgan 3,631.57 40 6.00%
5 Credit Suisse 3,406.43 36 5.63%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,788.58 138 10.01%
2 Credit Suisse 12,936.58 90 7.28%
3 Goldman Sachs 12,741.82 92 7.17%
4 Bank of America Merrill Lynch 12,121.10 110 6.82%
5 Citi 12,061.47 102 6.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 24,374.27 102 6.18%
2 BNP Paribas 22,870.75 99 5.79%
3 Barclays 22,868.06 79 5.79%
4 Deutsche Bank 21,191.25 85 5.37%
5 Citi 21,179.37 84 5.37%