Retail bid helps BEA to $500m debut tier one hit

Asia’s retail investors flocked to Hong Kong’s first hybrid tier one bond on Thursday as Bank of East Asia reopened the region’s bank capital market after a break of over a year.

  • 29 Oct 2009

BEA priced $500m of stapled securities that combine subordinated notes with preference shares in a perpetual non-call 10 structure designed to qualify as hybrid tier one capital.

The deal came at the tight end of revised price guidance to yield 8.5%, below an initial price range set on Wednesday ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 8,193.67 66 6.50%
2 HSBC 7,294.00 37 5.79%
3 LBBW 6,988.86 39 5.55%
4 Natixis 5,749.17 27 4.56%
5 Barclays 5,557.78 30 4.41%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,447.11 199 6.91%
2 Bank of America Merrill Lynch 38,563.61 156 6.43%
3 JPMorgan 36,010.73 172 6.00%
4 Morgan Stanley 26,869.51 149 4.48%
5 HSBC 25,475.20 147 4.25%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,701.14 156 11.96%
2 Bank of America Merrill Lynch 31,706.88 129 11.60%
3 JPMorgan 29,082.99 133 10.64%
4 Morgan Stanley 19,776.50 105 7.23%
5 Goldman Sachs 16,708.90 173 6.11%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 LBBW 4,741.33 18 6.99%
2 Natixis 4,734.75 17 6.98%
3 Credit Agricole CIB 4,174.25 17 6.16%
4 UniCredit 4,163.16 19 6.14%
5 HSBC 3,974.99 14 5.86%

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 11.23%
2 UBS 3,334.58 12 10.93%
3 Barclays 3,229.69 10 10.59%
4 BNP Paribas 2,554.19 12 8.37%
5 HSBC 1,877.94 13 6.16%