Tightly priced Goldman Swissie tipped to thrive

Goldman Sachs is set to sell its first Swiss franc deal in more than a year on Tuesday afternoon, having opted for a five year maturity. The issuer's rarity should ensure demand despite a tight price, according to bankers away from the deal.

  • By Nathan Collins
  • 18 Feb 2014

Credit Suisse and Goldman Sachs are offering guidance on the Sfr150m ($168.2m) September 2019 bonds at 65bp over mid-swaps.

Zurich based syndicate officials said they expected the issuer's solid reputation and rarity in Swiss francs to allow a successful deal.

“The price looks about right,” said a syndicate banker ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 8,193.67 66 6.50%
2 HSBC 7,294.00 37 5.79%
3 LBBW 6,988.86 39 5.55%
4 Natixis 5,749.17 27 4.56%
5 Barclays 5,557.78 30 4.41%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,447.11 199 6.91%
2 Bank of America Merrill Lynch 38,563.61 156 6.43%
3 JPMorgan 36,010.73 172 6.00%
4 Morgan Stanley 26,869.51 149 4.48%
5 HSBC 25,475.20 147 4.25%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,701.14 156 11.96%
2 Bank of America Merrill Lynch 31,706.88 129 11.60%
3 JPMorgan 29,082.99 133 10.64%
4 Morgan Stanley 19,776.50 105 7.23%
5 Goldman Sachs 16,708.90 173 6.11%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 4,741.33 18 6.99%
2 Natixis 4,734.75 17 6.98%
3 Credit Agricole CIB 4,174.25 17 6.16%
4 UniCredit 4,163.16 19 6.14%
5 HSBC 3,974.99 14 5.86%

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 3,425.91 10 11.23%
2 UBS 3,334.58 12 10.93%
3 Barclays 3,229.69 10 10.59%
4 BNP Paribas 2,554.19 12 8.37%
5 HSBC 1,877.94 13 6.16%