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 328,982.98 1272 8.11%
2 JPMorgan 320,525.86 1391 7.90%
3 Bank of America Merrill Lynch 295,678.15 1012 7.29%
4 Barclays 247,860.38 923 6.11%
5 Goldman Sachs 218,821.95 732 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 45,800.95 180 7.01%
2 JPMorgan 44,256.04 91 6.78%
3 UniCredit 35,452.34 152 5.43%
4 Credit Agricole CIB 33,170.05 159 5.08%
5 SG Corporate & Investment Banking 32,244.80 125 4.94%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,643.79 60 8.96%
2 Goldman Sachs 13,204.47 65 8.67%
3 Citi 9,716.40 55 6.38%
4 Morgan Stanley 8,471.86 53 5.56%
5 UBS 8,136.41 33 5.34%