Where have all the deals gone? Investors are beginning to wonder what has happened to all the disappearing debt. A Bank of America and Lehman Brothers financing for InfoNXX, a telephone directory service, launched last Tuesday and was pulled a day later. The same fate a few weeks ago befell IWCO, a Bear Stearns-led deal that also got pulled just days after syndication launched. Investors complained they didn't even have enough time to come up with a reason to criticize the credits before they were pulled.
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Bank Profiles
Latest news by market and league table performance
Bond Comments
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Intesa Sanpaolo EUR750m 0.75% Dec 24 green
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Commerzbank EUR500m 0.5% Dec 26
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Islamic Development Bank EUR1bn 0.037% Dec 24
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Nykredit Realkredit EUR500m 0.25% Jan 23 non-preferred
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NN Bank EUR500m 0.375% Feb 25
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Caixa Geral de Depósitos EUR500m 1.25% Nov 24 non-preferred
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UK DMO GBP2.25bn Inflation linker Aug 41 tap
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Rentenbank EUR1bn 0% Nov 29
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Land NRW EUR1bn 0% Nov 29, EUR1.5bn 0.5% Nov 39, sustainable bond
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Kommuninvest USD1bn 1.625% Apr 23 green bond
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Arab Republic of Egypt USD500m 4.55% Nov 23, USD1bn 7.05% Jan 32, USD500m 8.15% Nov 59
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KfW EUR1bn FRN Nov 22
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EFSF EUR1.5bn 0.05% Oct 29 tap
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EAA EUR1bn 0% Nov 22
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BNG EUR750m 0.05% Nov 29 sustainability bond
All International Bonds
| Rank | Lead Manager | Amount $bn | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 383.74 | 1789 | 8.32% |
| 2 | Citi | 354.85 | 1533 | 7.70% |
| 3 | BofA Securities | 305.97 | 1325 | 6.64% |
| 4 | Barclays | 274.57 | 1156 | 5.96% |
| 5 | HSBC | 225.97 | 1251 | 4.90% |
Bookrunners of All Syndicated Loans EMEA
| Rank | Lead Manager | Amount $bn | No of issues | Share % |
|---|---|---|---|---|
| 1 | BNP Paribas | 57.61 | 243 | 8.24% |
| 2 | Credit Agricole CIB | 44.80 | 217 | 6.40% |
| 3 | JPMorgan | 35.87 | 108 | 5.13% |
| 4 | SG Corporate & Investment Banking | 31.90 | 157 | 4.56% |
| 5 | UniCredit | 31.50 | 170 | 4.50% |
Bookrunners of all EMEA ECM Issuance
| Rank | Lead Manager | Amount $bn | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 13.18 | 83 | 8.22% |
| 2 | Goldman Sachs | 12.87 | 66 | 8.02% |
| 3 | Morgan Stanley | 12.21 | 55 | 7.61% |
| 4 | Citi | 10.11 | 72 | 6.30% |
| 5 | Credit Suisse | 6.93 | 38 | 4.32% |
