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 Citi 236,051.06 909 8.13%
2 JPMorgan 219,920.61 985 7.57%
3 Bank of America Merrill Lynch 211,822.11 711 7.29%
4 Barclays 183,450.68 662 6.32%
5 HSBC 155,970.52 729 5.37%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 JPMorgan 32,467.80 60 6.57%
2 BNP Paribas 32,284.10 130 6.53%
3 UniCredit 26,726.88 122 5.41%
4 SG Corporate & Investment Banking 26,569.73 97 5.38%
5 Credit Agricole CIB 23,807.36 111 4.82%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.83%
2 JPMorgan 9,866.02 42 8.57%
3 Citi 8,202.25 45 7.13%
4 UBS 6,098.17 23 5.30%
5 Credit Suisse 5,236.02 28 4.55%