Amadeus IPO pilots safe route through sell-off

Spanish booking firm Amadeus raised Eu1.32bn from a jumbo IPO that defied this week’s heavy sell-offs across equity markets and the downgrade of Spain’s credit rating to become Europe’s largest financial sponsor float in two years. Bookrunners priced the offer — the largest IPO completed in Europe this year — on Tuesday afternoon shortly before Spain’s Ibex 35 index lost 4.2% only to extend its fall by another 3% the following day.

  • 30 Apr 2010

The shares still rose 9% (to Eu12) on Thursday, their first day of trading in Madrid, and closed at Eu11.90. The Ibex 35 recovered in line with European markets to close 2.7% higher.

"Given the strength and depth of the order book, the sell-off in the equity market into ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 260,621.66 1168 8.50%
2 Citi 237,013.77 993 7.73%
3 Bank of America Merrill Lynch 202,064.03 831 6.59%
4 Barclays 188,016.56 770 6.13%
5 Goldman Sachs 146,834.39 610 4.79%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,872.91 136 7.74%
2 Credit Agricole CIB 27,567.28 117 6.69%
3 JPMorgan 23,570.89 63 5.72%
4 Bank of America Merrill Lynch 23,072.58 63 5.60%
5 UniCredit 20,250.58 112 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,332.08 50 10.24%
2 Morgan Stanley 7,744.92 38 9.52%
3 Goldman Sachs 7,137.68 38 8.77%
4 Citi 5,856.44 44 7.20%
5 UBS 4,823.67 25 5.93%