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 67,814.25 217 8.37%
2 JPMorgan 64,786.86 230 8.00%
3 Barclays 55,262.22 183 6.82%
4 Bank of America Merrill Lynch 48,274.42 172 5.96%
5 Deutsche Bank 43,665.36 159 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 6,217.19 6 15.22%
2 Deutsche Bank 3,538.77 6 8.66%
3 Citi 2,570.45 7 6.29%
4 Commerzbank Group 2,532.05 5 6.20%
5 BNP Paribas 1,798.71 8 4.40%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 998.25 3 12.17%
2 Citi 693.55 2 8.46%
3 Morgan Stanley 606.80 4 7.40%
4 Bank of America Merrill Lynch 509.34 3 6.21%
5 Jefferies LLC 409.89 4 5.00%