Crédit Agricole prepares for government exit

Crédit Agricole sold a $1bn non-call 10 year perpetual Yankee this week in a deal designed to bolster capital ratios ahead of the divestment of the financial stake taken by the French authorities.

  • 09 Oct 2009

"This deal is to add finance to the balance sheet before the exit of the government programme," said a banker close to the deal. "They need to secure the balance sheet and senior debt wouldn’t work as they need to keep the capital ratios intact."

Bank of America Merrill ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 6,931.77 33 6.23%
2 LBBW 6,617.58 37 5.95%
3 UniCredit 6,316.04 54 5.68%
4 Natixis 5,053.55 24 4.54%
5 Barclays 4,929.54 27 4.43%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 35,201.33 164 6.94%
2 Bank of America Merrill Lynch 32,632.36 129 6.44%
3 JPMorgan 31,718.70 147 6.26%
4 Morgan Stanley 24,368.78 129 4.81%
5 BNP Paribas 19,656.63 78 3.88%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 28,638.78 104 12.19%
2 Citi 27,077.87 127 11.53%
3 JPMorgan 25,352.86 115 10.79%
4 Morgan Stanley 18,293.95 91 7.79%
5 Goldman Sachs 15,363.74 160 6.54%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 4,463.09 17 7.40%
2 Natixis 4,178.19 15 6.93%
3 HSBC 3,974.99 14 6.59%
4 Credit Agricole CIB 3,965.56 16 6.58%
5 Deutsche Bank 3,304.65 12 5.48%

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 11.62%
2 Barclays 3,229.69 10 10.96%
3 UBS 3,210.90 11 10.89%
4 BNP Paribas 2,554.19 12 8.67%
5 HSBC 1,754.26 12 5.95%