Polish zlotys

  • 16 Feb 2001
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* Bayerische Landesbank Girozentrale

Rating: Aaa/AAA/AAA

Amount: Z100m

Maturity: February 22, 2002

Issue price: 100.05

Fixed re-offer price: 99.15

Coupon: 16%

Launched: Monday February 12

Lead mgr: TD Securities

* DePfa Deutsche Pfandbriefbank AG

Rating: Aa3/AA- (Moody's/Fitch)

Amount: Z100m

Maturity: February 22, 2002

Issue price: 100.012

Fixed re-offer price: 99.137

Coupon: 16%

Launched: Friday February 9

Joint books: Deutsche Bank, RBC DS

* Deutsche Bank Finance NV

Guarantor: Deutsche Bank AG

Rating: Aa3/AA/AA

Amount: Z300m (increased 14/02/01 from Z225m)

Maturity: February 23, 2011

Issue price: 39.971 (increase: 39.96)

Fixed re-offer price: 38.721 (increase: 38.71)

Coupon: zero

Launched: Tuesday February 13

Lead mgr: Deutsche Bank

Bookrunner's comment:

We were active last year in zeros, but have not been so much this year. Rates, and especially the currency, have been rallying recently, so investors can again bet on the curve while maintaining lower currency exposure.

Ten years is a very long maturity for zero coupon issues in this currency. We sold it mainly to German and Austrian investors.

* GMAC International Finance BV

Guarantor: General Motors Acceptance Corp

Rating: A2/A/A

Amount: Z300m

Maturity: February 23, 2005

Issue price: 62.30

Fixed re-offer price: 61.30

Coupon: zero

Launched: Friday February 9

Lead mgr: Morgan Stanley Dean Witter

Bookrunner's comment:

We had one big lead order from a German client - there is a lot of this kind of paper going into Germany and Austria.

Although Z300m is not so big for a zero coupon deal, there is a general upward trend in the size of issuance in this currency. Some of the new issues this year are already being tapped.

* Norddeutsche Landesbank Girozentrale

Rating: Aa1/AAA (Moody's/Fitch)

Amount: Z60m (fungible with Z100m issue launched 16/01/01)

Maturity: February 2, 2004

Issue price: 99.847

Fixed re-offer price: 98.672

Coupon: 13.25%

Launched: Monday February 12

Lead mgr: Deutsche Bank

* World Bank

Rating: Aaa/AAA/AAA

Amount: Z100m (fungible with Z100m issue launched 04/01/01)

Maturity: January 11, 2002

Issue price: 100.80

Fixed re-offer price: 99.90

Coupon: 17%

Launched: Friday February 9

Joint books: Morgan Stanley Dean Witter, TD Securities

  • 16 Feb 2001

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%