Latest corporate structured bond news

  • Dudgeon restores sterling market confidence

    TC Dudgeon Ofto — the owner of the transmission lines from the North Sea Dudgeon Offshore Wind Farm — restored investors’ confidence in the sterling corporate bond market on Tuesday. It was notable, as it was a fundamentally green issuer selling bonds without green bond labels.

    • 07 Nov 2018
  • Heylo sets up new programme for retail inflation protection deal

    Heylo, a UK property company that specialises in shared ownership residential properties, launched the first bond off its new corporate bond programme last week. The bonds, which will be priced on or before October 22, offer investors inflation protection over the 10 years of the bond’s life.

    • 16 Oct 2018
  • SEGRO collars €300m long-dated private placement

    UK real estate investment trust Segro has sold €300m 10 and 15 year US private placement (PP) notes, to a group of institutional investors.

    • 13 Aug 2018
  • PG&E uses cat bond as California wrestles with fire liability

    Pacific Gas and Electric Co, the Californian utility firm, is using a catastrophe bond to adapt to what it calls the "new normal" of increased wildfire risk. After its equipment was blamed for many of the state’s fires over the past year, PG&E is at the heart of a debate over who should shoulder the costs of rising natural catastrophe damage.

    • 10 Aug 2018
  • Investors clamour for cheap AA refinancing

    UK vehicle breakdown recovery and car insurance company the AA plc sold £550m ($726.63m) of new bonds on Tuesday as part of liability management exercise involving buying back existing debt and repaying a term facility, but it paid a juicy spread to get the deal done.

    • 11 Jul 2018
  • Scottish Mortgage closes US PP deal

    Scottish Mortgage Investment Trust has raised £170m in long-dated US private placement notes.

    • 05 Jun 2018
  • Bromford HA cuts funding cost with warmly received £300m public debut

    Bromford Housing Association issued its first public bond on Thursday, six years after starting its capital markets voyage with a private placement.

    • 27 Apr 2018
  • Grainger benefits from UK property issuance pause

    The sterling corporate bond market has been less busy year to date than it was in 2017. However, the property sector has continued to be one of the largest contributors of supply and, on Thursday, Grainger added its name to the list of issuers from the industry.

    • 19 Apr 2018
  • Royal London puts faith in Church of England

    Royal London Asset Management was the sole investor in £30m of bonds issued by the Church of England Pensions Board in early April.

    • 13 Apr 2018
  • Single-B buyers all ears for Algeco €1.4bn refi

    Investors looking for lower rated high yield bonds welcomed the roadshow of a three tranche, multi-currency deal from Algeco Scotsman, a US modular space and secure storage group, this week.

    • 25 Jan 2018
  • Wendy's deal may not mean hot ‘n' juicy whole biz mart in 2018

    Fast food chain Wendy's priced its latest securitization on Wednesday, bringing the volume of whole business deals in the US to over $7bn this year. But sources said that despite the attractions of ABS over vanilla bond issuance, a slow maturation cycle could lead to a quiet 2018 pipeline for the asset class.

    • 06 Dec 2017

Corporate structured bond news archive

Capital markets data from GlobalCapital

Go to GlobalCapital's Corporate Bonds data pages for the latest information on priced deals, the new issue pipeline and bookrunner league tables across the investment grade and high yield markets.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 125,350.32 549 5.89%
2 Bank of America Merrill Lynch 124,158.29 525 5.83%
3 Citi 101,828.00 535 4.78%
4 Barclays 84,284.85 343 3.96%
5 Goldman Sachs 83,539.45 324 3.92%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 28,401.19 124 8.95%
2 Deutsche Bank 22,113.09 83 6.96%
3 SG Corporate & Investment Banking 20,892.79 99 6.58%
4 UniCredit 17,012.87 79 5.36%
5 HSBC 16,474.81 91 5.19%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5,527.11 43 7.81%
2 BNP Paribas 4,918.81 57 6.95%
3 Deutsche Bank 4,372.15 44 6.18%
4 JPMorgan 3,977.60 45 5.62%
5 Credit Suisse 3,757.05 40 5.31%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,901.51 153 10.02%
2 Goldman Sachs 14,830.49 106 7.47%
3 Credit Suisse 13,745.94 98 6.92%
4 Bank of America Merrill Lynch 13,267.41 122 6.68%
5 Morgan Stanley 12,977.13 92 6.53%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,288.85 117 5.97%
2 BNP Paribas 27,457.09 117 5.79%
3 Barclays 26,271.31 92 5.54%
4 JPMorgan 26,099.31 90 5.51%
5 Deutsche Bank 24,766.67 100 5.23%