Bumi gets $300m as supply weighs on high yield bonds

Coal miner Bumi Resources raised $300m in the international bond market late last week, pricing at the wide end of guidance in a move that highlighted fears that a glut of Indonesian deals has begun to affect demand for new issues.

  • 12 Nov 2009

Credit Suisse and Deutsche Bank arranged the seven year non-call four deal, which priced at par with a 12% coupon, at the wide end of guidance set between 11.5% and 12% before the deal priced late on November 5.

The borrower was originally aiming to raise between $300m and ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 16,223.54 81 7.30%
2 Credit Agricole CIB 13,287.71 61 5.98%
3 Deutsche Bank 12,890.62 50 5.80%
4 Goldman Sachs 12,654.10 52 5.70%
5 UniCredit 11,414.29 66 5.14%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 4,861.86 36 7.48%
2 BNP Paribas 4,648.08 55 7.15%
3 Deutsche Bank 4,100.65 41 6.31%
4 JPMorgan 3,756.57 41 5.78%
5 Credit Suisse 3,528.42 38 5.43%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,016.51 146 10.22%
2 Goldman Sachs 14,082.73 99 7.57%
3 Credit Suisse 13,243.20 94 7.12%
4 Bank of America Merrill Lynch 12,775.52 117 6.87%
5 Citi 12,347.90 105 6.64%