Bear Stearns Issues Massive Equity Note In Japan

  • 10 Nov 2003
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Bear Stearns recently structured a capital guaranteed note in Japan, which at some USD500 million has gotten equity professionals talking about the economy picking up. "This is another indication that the business is coming back," said Kin Sang Cheung, head of equity derivatives trading at Bear Stearns in Tokyo.

The note was linked to an Asian index and offered in several currencies, according to Cheung, who declined to elaborate further.

"We expect to see even more customer flows coming into the markets," added Cheung, noting that client interest started increasing this summer in Japan on the back of the rally in the Nikkei 225.

 

  • 10 Nov 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 325,692.23 1268 8.08%
2 JPMorgan 318,171.08 1387 7.90%
3 Bank of America Merrill Lynch 293,301.12 1008 7.28%
4 Barclays 245,918.13 920 6.10%
5 Goldman Sachs 217,162.09 730 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 45,800.95 180 7.01%
2 JPMorgan 44,256.04 91 6.78%
3 UniCredit 35,452.34 152 5.43%
4 Credit Agricole CIB 33,170.05 159 5.08%
5 SG Corporate & Investment Banking 32,244.80 125 4.94%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,643.79 60 8.96%
2 Goldman Sachs 13,204.47 65 8.67%
3 Citi 9,716.40 55 6.38%
4 Morgan Stanley 8,471.86 53 5.56%
5 UBS 8,136.41 33 5.34%