Turkish banks defy critics as 150bp deals get good traction

Turkey’s Vakifbank and Akbank have shrugged off criticism of pricing on their latest facilities, picking up plenty of commitments as they look to close them in the next two weeks.

  • 12 Mar 2010
Vakif, rated Ba3/-/BBB-, sent banks invitations on February 12 for a new one year deal with an all-in of 150bp. Many bankers said the spread was at least 25bp too tight. But that has not stopped the loan, expected to sign before the end of the month, getting ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 2,341.98 12 6.39%
2 Natixis 2,220.67 8 6.06%
3 UniCredit 2,187.22 10 5.97%
4 Barclays 2,050.37 9 5.59%
5 Credit Suisse 1,824.93 10 4.98%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 12,860.11 26 9.19%
2 Morgan Stanley 11,970.84 27 8.56%
3 Bank of America Merrill Lynch 9,510.22 21 6.80%
4 Barclays 9,168.66 18 6.55%
5 JPMorgan 8,977.54 27 6.42%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 12,192.75 22 13.65%
2 Morgan Stanley 10,994.66 21 12.31%
3 Bank of America Merrill Lynch 9,178.29 19 10.27%
4 JPMorgan 8,170.99 20 9.15%
5 Citi 7,487.94 21 8.38%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 2,071.95 7 8.69%
2 UBS 1,864.60 7 7.82%
3 LBBW 1,724.10 7 7.23%
4 UniCredit 1,662.07 7 6.97%
5 Deutsche Bank 1,380.66 4 5.79%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 2,031.40 2 42.44%
2 UBS 439.82 3 9.19%
3 Goldman Sachs 356.49 2 7.45%
3 Bank of America Merrill Lynch 356.49 2 7.45%
5 Lloyds Banking Group 249.35 1 5.21%