REC and TomTom close in comfort, Holcim winds down

Investors have backed the latest round of rights issues by European businesses, ensuring a 96% take-up for the Eu359m capital increase by navigation device maker TomTom. Meanwhile, the Nkr4.5bn rights issue for Norway’s Renewable Energy Corp was covered 1.6 times. Results for the Sfr2.1bn deal by Swiss cement maker Holcim are expected for early next week but shares are trading at a premium, making a high take-up likely. Turn to EuroWeek on Friday for an update on all European ECM transactions.

  • 15 Jul 2009

Robert Vielhaber
+44 20 7779 7322
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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 294,431.58 1323 8.57%
2 Citi 267,175.53 1124 7.78%
3 Bank of America Merrill Lynch 229,132.49 937 6.67%
4 Barclays 211,780.31 853 6.16%
5 Goldman Sachs 169,480.13 704 4.93%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 34,500.40 147 7.60%
2 Credit Agricole CIB 33,214.96 138 7.32%
3 JPMorgan 24,833.56 67 5.47%
4 Bank of America Merrill Lynch 23,368.44 65 5.15%
5 SG Corporate & Investment Banking 22,509.71 104 4.96%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9,157.42 55 10.33%
2 Morgan Stanley 8,122.33 40 9.16%
3 Goldman Sachs 7,432.91 40 8.38%
4 Citi 6,426.54 47 7.25%
5 UBS 4,913.18 26 5.54%