Daring issuers bask amid buoyant mood

The positive mood of the FIG market for the last few weeks is again evident with large order books greeting issuers who have decided to venture into the market. Nordea priced a Eu2bn unguaranteed five year yesterday at 185bp over mid-swaps with a Eu3.65bn book — and the bonds are already 7bp tighter. In the guaranteed market, the leads have gone out with guidance on the Erste Bank two year deal at 55bp to 58bp while the books have closed on Caja de Ahorros del Mediterraneo’s Eu1bn three year. To read a full account of how the market fared this week, read EuroWeek on Friday.

  • 06 May 2009

Hélène Durand +44 207 440 6025

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 59,389.63 191 8.32%
2 JPMorgan 58,294.01 209 8.16%
3 Barclays 49,613.60 160 6.95%
4 Bank of America Merrill Lynch 42,095.04 147 5.90%
5 Deutsche Bank 38,720.01 140 5.42%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 6,045.16 4 18.58%
2 BNP Paribas 1,742.18 7 5.36%
3 Credit Agricole CIB 1,539.94 8 4.73%
4 MUFG 1,257.24 4 3.87%
5 SG Corporate & Investment Banking 1,165.08 6 3.58%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 998.25 3 13.49%
2 Citi 693.55 2 9.37%
3 Morgan Stanley 572.72 3 7.74%
4 Bank of America Merrill Lynch 509.34 3 6.88%
5 Jefferies LLC 409.89 4 5.54%