Bizim starts $270m sale

Turkish cash-and-carry retailer Bizim Toptan has opened books on a Tl315m-Tl420m ($200m-$270m) Istanbul IPO with a price range that represents a 21% discount to its closest comparable at the bottom end and a 6% premium at the top. The firm began its management roadshow on Monday, holding a well-attended group lunch.

  • 17 Jan 2011
The company’s owners are selling 35% of the company, 14m shares, at Tl22.50-Tl30 each in the all-secondary base deal, giving the company an equity value of $576m-$770m. There is a 2.1m share greenshoe. Bank of America Merrill Lynch is joint global co-ordinator and international bookrunner, Standard Unlu — ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 222,769.95 834 8.17%
2 JPMorgan 209,525.62 905 7.69%
3 Bank of America Merrill Lynch 200,206.86 651 7.35%
4 Barclays 171,115.08 604 6.28%
5 HSBC 150,238.06 692 5.51%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 29,830.94 52 6.91%
2 BNP Paribas 28,159.68 110 6.52%
3 Credit Agricole CIB 22,424.47 104 5.19%
4 UniCredit 22,060.45 102 5.11%
5 SG Corporate & Investment Banking 21,979.64 84 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 9,711.01 45 8.82%
2 JPMorgan 9,409.35 41 8.54%
3 Citi 7,643.16 42 6.94%
4 UBS 5,984.12 21 5.43%
5 Deutsche Bank 5,145.17 32 4.67%