Swiss buyers binge on domestic Flughafen

Flughafen Zurich, the city airport, returned to the Swiss franc market after 14 months this week with an oversubscribed Sfr300m 1.25% 2020 note — a testament to Swiss buyers’ heightened home bias amid recent noise around the Eurozone’s peripheral countries, which culminated in Spain’s three notch downgrade to BBB by Fitch on Thursday evening.

  • 08 Jun 2012
Lead managers Credit Suisse, UBS and Zürcher Kantonalbank announced the Flughafen Zurich trade at Sfr200m on Tuesday, but the book grew to Sfr300m — a size capped by the issuer — in just 20-30 minutes. The leads had to cut allocation by as much as 30% to maintain ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 13,580.47 81 5.34%
2 Bank of America Merrill Lynch 13,508.50 73 5.31%
3 JPMorgan 13,456.27 70 5.29%
4 Deutsche Bank 11,749.55 54 4.62%
5 BNP Paribas 10,870.50 49 4.28%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 5,332.16 20 11.77%
2 Deutsche Bank 4,298.25 18 9.48%
3 Bank of America Merrill Lynch 2,869.21 10 6.33%
4 UniCredit 2,637.10 11 5.82%
5 SG Corporate & Investment Banking 2,511.85 12 5.54%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 807.11 8 8.36%
2 Morgan Stanley 732.63 4 7.59%
3 Goldman Sachs 657.29 6 6.81%
4 Credit Suisse 577.70 7 5.99%
5 JPMorgan 572.76 6 5.93%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,480.54 32 9.18%
2 Citi 3,899.63 30 7.99%
3 Credit Suisse 3,582.10 24 7.34%
4 Wells Fargo Securities 3,129.35 23 6.41%
5 Bank of America Merrill Lynch 2,721.10 26 5.58%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 5,027.03 18 9.41%
2 Deutsche Bank 4,039.27 17 7.56%
3 JPMorgan 2,756.29 10 5.16%
4 SG Corporate & Investment Banking 2,627.52 12 4.92%
5 Bank of America Merrill Lynch 2,602.36 8 4.87%