French trio find demand with punchy pricing

A trio of French issuers — retailer Carrefour, luxury goods group PPR and media company Vivendi — kept Europe’s corporate bond market ticking over this week, with well received new issues.

  • 26 Mar 2010

Carrefour and PPR’s deal in particular drew attention from syndicate officials in the wider market, when their respective issues were priced on Thursday with wafer slim new issue premiums.

"It reiterates how hot the market is right now for corporate issuers — it’s a brilliant market for high ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 6,571.35 36 6.34%
2 Bank of America Merrill Lynch 5,728.88 36 5.53%
3 Citi 5,430.43 41 5.24%
4 HSBC 5,212.98 36 5.03%
5 BNP Paribas 4,994.98 27 4.82%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,505.33 10 10.40%
2 UniCredit 1,973.31 7 8.19%
3 Bank of America Merrill Lynch 1,666.37 6 6.91%
4 Mitsubishi UFJ Financial Group 1,577.41 6 6.55%
5 ING 1,477.05 5 6.13%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 553.99 4 8.96%
2 Credit Suisse 511.12 5 8.26%
3 BNP Paribas 472.73 3 7.64%
4 Barclays 413.98 4 6.69%
5 JPMorgan 409.23 3 6.62%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 2,178.82 15 9.29%
2 Citi 2,107.81 16 8.99%
3 Morgan Stanley 2,006.20 12 8.55%
4 Bank of America Merrill Lynch 1,559.21 15 6.65%
5 Deutsche Bank 1,550.60 9 6.61%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,459.18 9 9.61%
2 UniCredit 1,892.23 6 7.39%
3 Bank of America Merrill Lynch 1,585.30 5 6.20%
4 Mitsubishi UFJ Financial Group 1,577.41 6 6.16%
5 ING 1,477.05 5 5.77%