ICICI makes the right call... eventually

ICICI Bank has a strong capital position, a good reputation and a key position in one of the world’s fastest growing economies. It also has several billion dollars of debt to refinance over the next 18 months. So why did it risk its standing with investors by trying to skip the call date on $25m of bonds?

  • 16 Jun 2011
The UK subsidiary of India’s ICICI Bank made what appeared to be a strange decision last week. It decided that it was not going to call $25m of privately placed lower tier two bonds it had outstanding. There are plenty of reasons a bank would want to leave ...

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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%