Insurance Corp. Enters Euro/Swiss Franc Swap

  • 03 Sep 2001
Email a colleague
Request a PDF

AEGON has entered a cross-currency interest-rate swap to convert a CHF150 million (USD90 million) three-year bond into a synthetic euro-denominated liability. Wilma Schouten, capital markets officer in the Hague, said in the three-year swap it pays six-month Euribor and receives six-month Swiss LIBOR.

Schouten said the insurance company decided to issue the bond in Swiss francs because UBS Warburg approached it with investors in place. UBS is also the counterparty to the swap. She added AEGON does not keep any of its liabilities in Swiss francs so it always intended to swap the currency and it chose euros because it needed the single currency to meet other obligations.

  • 03 Sep 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 283,306.27 1094 8.16%
2 JPMorgan 271,811.81 1187 7.83%
3 Bank of America Merrill Lynch 254,169.74 856 7.32%
4 Barclays 212,825.73 790 6.13%
5 Goldman Sachs 189,318.47 616 5.45%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 37,223.03 158 6.64%
2 JPMorgan 34,910.99 67 6.23%
3 SG Corporate & Investment Banking 30,353.68 113 5.41%
4 UniCredit 29,801.83 136 5.31%
5 Credit Agricole CIB 27,998.53 136 4.99%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,324.10 47 8.92%
2 Goldman Sachs 10,371.50 49 8.17%
3 Citi 9,134.57 51 7.19%
4 UBS 6,517.25 25 5.13%
5 Morgan Stanley 6,459.47 42 5.09%