EDC defies turbulence with debut US$ global capitalising on flight to quality

Export Development Canada (EDC) braved hostile market conditions on Wednesday to launch its debut dollar global bond and its first significant dollar offering since 1998.

  • 26 Jul 2002
The $500m five year transaction, lead managed by BNP Paribas and Citigroup/SSB, was launched amid extreme volatility in both equity and Treasury markets, but the background proved ideal for EDC as investors were focused only on flight to quality trades. EDC had been watching the markets for ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 100,398.91 396 8.28%
2 Citi 94,439.97 349 7.79%
3 Bank of America Merrill Lynch 81,085.67 306 6.69%
4 Barclays 78,659.06 283 6.49%
5 HSBC 65,130.98 315 5.37%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 8,556.66 16 10.43%
2 Deutsche Bank 5,064.63 12 6.17%
3 Commerzbank Group 4,780.90 20 5.83%
4 BNP Paribas 4,451.03 21 5.43%
5 Citi 3,873.29 11 4.72%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 2,316.87 11 11.60%
2 Morgan Stanley 1,958.99 12 9.81%
3 Bank of America Merrill Lynch 1,598.24 7 8.00%
4 JPMorgan 1,371.27 7 6.86%
5 UBS 1,219.50 7 6.10%