Kommuninvest i Sverige AB

  • 13 Oct 2005
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Rating: Aaa
Amount: Sfr250m
Maturity: 21 November 2012
Issue price: 100.14
Coupon: 1.75%
Launch date: Tuesday 11 October
Payment date: 21 November
Lead mgr: UBS

Bookrunner's comment:
About 75% has sold to portfolio managers and insurance funds. The rest remains unsold, but we are sure it will go well. It was priced at mid-swaps minus 14bp.

Market appraisal:
"...this is a well liked issuer but they do bring a lot of deals and there is an argument that there is too much paper in the market. It is priced aggressively and it is unusual in that there is a six week payment date, you can usually expect to wait five weeks before settlement.

We took some paper, to maintain relationships, but we have not seen very much demand."

"...it is too aggressively priced. All the investors we have spoken to have not bought it, so I can imagine there is paper left over."

  • 13 Oct 2005

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%