Watermark
Go to Asia edition

French firms explore private MTNs to diversify funding from banks

Unrated French companies are interested in sell private placement MTNs to diversify their funding sources, as bank loans are expected to become harder to obtain, medium term note dealers have said.

  • 15 Oct 2012

Debut deals for Bolloré and Rallye in the past fortnight are typical of the new landscape. Even companies with no problem borrowing from banks want to reposition their funding before new capital ratio rules under Basel III start to bite, said dealers.

“A lot of issuers, while not experiencing ...

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.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 29,905.36 142 5.76%
2 JPMorgan 29,298.88 144 5.65%
3 Barclays 28,947.43 106 5.58%
4 Bank of America Merrill Lynch 28,642.89 136 5.52%
5 Deutsche Bank 24,308.16 108 4.68%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Barclays 10,296.75 23 10.68%
2 Bank of America Merrill Lynch 7,861.19 21 8.15%
3 Deutsche Bank 6,720.85 31 6.97%
4 SG Corporate & Investment Banking 6,134.64 22 6.36%
5 Santander 5,655.75 19 5.87%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
View full table
For detailed analysis: Dealogic
  • 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 %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 7,171.24 46 11.03%
2 JPMorgan 6,006.43 44 9.24%
3 Bank of America Merrill Lynch 4,911.63 35 7.55%
4 Goldman Sachs 4,632.90 32 7.13%
5 Credit Suisse 4,261.07 28 6.55%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Barclays 6,504.27 23 5.81%
2 JPMorgan 5,936.55 20 5.30%
3 SG Corporate & Investment Banking 5,755.14 21 5.14%
4 Citi 5,698.20 19 5.09%
5 Deutsche Bank 5,631.78 26 5.03%