RenCap re-opens Russia for independents but pays 15%

Renaissance Securities, the debt issuing subsidiary of Russian investment bank Renaissance Capital, priced a $225m 18 month issue yielding 15% on September 25, potentially opening the way for more issuance from the country.

  • 02 Oct 2009

It is the first issue from a Russian private entity this year.

"We had assumed the market was closed to new issues," said Kieran Donnelly, managing director, head of group funding, at RenCap in Moscow. "Besides this transaction, there have been no Eurobond issues out of Russia other than ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,704.99 54 5.50%
2 UniCredit 9,192.82 61 5.21%
3 LBBW 8,744.00 54 4.96%
4 Natixis 8,477.22 42 4.81%
5 Credit Suisse 8,000.81 42 4.54%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 64,476.14 226 6.61%
2 JPMorgan 62,964.77 247 6.46%
3 Citi 60,560.65 279 6.21%
4 Goldman Sachs 57,350.04 460 5.88%
5 Morgan Stanley 51,082.94 274 5.24%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 53,845.06 188 11.16%
2 JPMorgan 53,164.23 178 11.02%
3 Citi 49,015.06 220 10.16%
4 Goldman Sachs 42,718.58 406 8.85%
5 Morgan Stanley 39,461.23 214 8.18%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,511.67 24 7.36%
2 UniCredit 5,302.66 21 5.99%
3 Deutsche Bank 5,002.94 16 5.66%
4 LBBW 4,987.08 21 5.64%
5 Commerzbank Group 4,984.41 19 5.63%

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 HSBC 4,729.28 11 10.98%
2 Barclays 3,919.93 12 9.10%
3 UBS 3,374.07 13 7.83%
4 BNP Paribas 3,351.70 12 7.78%
5 Credit Agricole CIB 2,490.29 7 5.78%