Electricité de France

  • 29 Jun 2006
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Rating: Aa1/AA-/AA-
Amount: Sfr300m
Maturity: 31 January 2013
Issue price: 100.75
Coupon: 3%
Launch date: Wednesday 28 June
Payment date: 31 July
Sole mgr: Credit Suisse

Bookrunner's comment:

This was well received by investors; it was tightly but correctly priced at mid-swaps plus 2bp. Six and a half years is the right maturity to pick up a good range of investors, which is what we have done: retail clients, private banks and institutional funds are all involved with this transaction.

This is EDF's first issue in Swiss francs for seven years and has priced at a competitive level to that seen in euros. In addition to the rarity value, investors are keen to diversify away from financials, which helped the trade.

EDF has placed trades with the most prestigious Swiss investor names in the past, and has done so again with this deal.

  • 29 Jun 2006

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%