Santander hits 16% take-up in controversial buyback

Santander has bought back €1.15bn equivalent of capital securities in an unconventional liability management exercise, where it did not guide investors on the price it would be willing to buy notes back at.

  • 31 Aug 2012
The Spanish bank spent just over €1bn in the trade, repurchasing the debt at cash prices of between 45 and 99.71. Santander targeted 21 securities altogether, spanning the tier one, upper tier two and lower tier two capital classes, denominated in sterling and euro. There was around €7.2bn ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jan 2018
1 Credit Suisse 1,824.93 10 6.61%
2 UniCredit 1,790.72 7 6.48%
3 UBS 1,701.70 9 6.16%
4 Barclays 1,685.27 6 6.10%
5 Natixis 1,548.71 6 5.61%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 6,938.93 9 9.57%
2 Barclays 6,668.46 11 9.19%
3 Deutsche Bank 6,180.57 12 8.52%
4 BNP Paribas 4,901.31 8 6.76%
5 Credit Suisse 4,440.99 13 6.12%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 4,273.17 7 10.70%
2 Goldman Sachs 3,803.12 12 9.52%
3 Credit Suisse 3,710.14 9 9.29%
4 Citi 3,572.19 14 8.94%
5 Bank of America Merrill Lynch 3,163.57 14 7.92%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jan 2018
1 LBBW 1,541.66 6 8.27%
2 UniCredit 1,509.32 6 8.09%
3 Natixis 1,399.99 5 7.51%
4 SG Corporate & Investment Banking 1,234.02 4 6.62%
5 UBS 1,224.32 4 6.57%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • 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 %
  • Last updated
  • Today
1 Credit Agricole CIB 1,031.57 1 31.38%
2 UBS 356.49 2 10.85%
2 Goldman Sachs 356.49 2 10.85%
2 Bank of America Merrill Lynch 356.49 2 10.85%
5 Lloyds Banking Group 249.35 1 7.59%