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Bank Profiles - Bank of America Merrill Lynch - Emerging Markets News



  • Envision Energy goes green with $300m debut

    China’s Envision Energy Overseas Capital Co grabbed $300m from a green bond on Thursday after weeks of wooing investors. But price discovery posed a challenge because of renewable companies coming under pressure recently.

    • 20 Apr 2018

  • HK green credentials boosted by supra deals

    A pair of supranationals helped bolster Hong Kong’s green bond ambitions with some SRI deals this week.

    • 19 Apr 2018

  • Banks reshuffle ECM desks in Asia Pacific

    Bank of America Merrill Lynch, Credit Suisse, Nomura and UBS have made senior changes in their equity capital markets and syndicate teams in Asia.

    • 19 Apr 2018

  • Investors remain picky in busy IPO market

    The EMEA IPO market is fully underway again after the Easter break, with bankers fresh from the Courchevel ski slopes or St Tropez sunbeds to provide investors with some fresh IPO powder. But high volumes means buyers have the ability to be selective.

    • 18 Apr 2018

  • Consol sets IPO range as South Africa confidence rises

    Consol, the glass bottle maker, moved ahead with its IPO on Monday by setting a price range. It is hoping to return to the Johannesburg Stock Exchange (JSE) at a positive moment for South Africa.

    • 17 Apr 2018

  • Mannai brings more Qatari paper with chunky yield

    After the Qatari sovereign launched its $12bn triple tranche return to the bond market last week, Mannai Corporate, a conglomerate from the country, is following it into the market this week. Mannai is looking to print a senior perpetual non-call five Reg S only dollar bond. It will be the company’s debut in the bond market.

    • 17 Apr 2018

  • Hanwha Life nabs $1bn from hybrid

    Hanwha Life Insurance Co became the latest South Korean name to raise funds from the dollar bond market on Monday, as the country’s insurance firms prepare to adhere to new capital standards.

    • 17 Apr 2018

  • BAML appoints new co-heads of Apac ECM

    Bank of America Merrill Lynch has appointed Shu Nagata and Tucker Highfield as co-heads of Asia Pacific equity capital markets, according to a memo seen by GlobalCapital Asia.

    • 17 Apr 2018

  • Sanctions freeze Russian IPO as US says more is coming

    The IPO of IBS IT, a Russian technology company, was postponed on Friday due to “increased market volatility” driven primarily by US-led sanctions against Russia. According to Nikki Haley, US ambassador to the UN, more might be coming.

    • 16 Apr 2018

  • Decks reshuffled in HK as senior ECM bankers move

    Tucker Highfield, Credit Suisse’s head of equity syndicate for Asia ex-Japan, has left the firm to join Bank of America Merrill Lynch, according to sources.

    • 13 Apr 2018

  • KoRes steers through challenges for $500m bond

    Korea Resources Corp (KoRes) navigated a number of hurdles to complete its $500m bond on Tuesday to imminently refinance maturing notes. The company found plenty of support for its annual issuance, but only after it offered a juicy premium to investors.

    • 11 Apr 2018

  • Chinese property companies nab dollar bonds

    China SCE Property Holdings and Powerlong Real Estate Holdings paid up to complete their dollar bonds on Tuesday, but the new issue premiums were widely expected by bankers.

    • 11 Apr 2018

  • Investors plug into SK Telecom’s bond

    Korea’s SK Telecom Co (SKT) found exceptional demand for its dollar bond on Monday — the company’s first offshore deal in more than five years — allowing it to price with a single-digit premium.

    • 10 Apr 2018

  • Tata Steel fires up $1.86bn loan with larger top group

    A group of 23 banks opened syndication for Tata Steel’s $1.86bn dual-currency facility on Monday, but only after the deal went through numerous changes on its way to the market.

    • 10 Apr 2018

  • Mannai queue jumps sovereign in hope of reviving Qatari bonds

    Mannai Corp, a Qatari conglomerate, looks set to bring the first public bond from the country since the Gulf diplomatic crisis erupted last summer.

    • 05 Apr 2018

  • Consol tests investor appetite for South Africa with R2.7bn re-IPO

    Consol Holdings, the South African glass packaging company, plans to return to the Johannesburg Stock Exchange after filing an intention to float on Thursday.

    • 05 Apr 2018

  • Investors to keep buying Russian equities until they’re told to stop

    Three new Russian equity capital markets deals were launched this week, with bankers confident that European equity investors are comfortable enough to buy Russian risk despite diplomatic tensions between the country and the West growing more hostile.

    • 04 Apr 2018

  • Mannai jumps ahead of sovereign to revive Qatar bonds

    Mannai Corporation looks set to bring the first public bond from Qatar since the Gulf diplomatic crisis erupted last summer.

    • 03 Apr 2018

Bond Comments

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 134,174.05 511 7.88%
2 JPMorgan 128,971.84 533 7.57%
3 Bank of America Merrill Lynch 114,226.50 384 6.71%
4 Barclays 99,213.66 356 5.83%
5 Goldman Sachs 97,629.05 275 5.73%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 20,423.32 23 9.47%
2 SG Corporate & Investment Banking 14,215.71 38 6.59%
3 Deutsche Bank 13,118.70 35 6.08%
4 Bank of America Merrill Lynch 12,117.87 27 5.62%
5 Citi 11,366.88 31 5.27%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Goldman Sachs 5,907.08 27 10.40%
2 JPMorgan 4,381.89 22 7.72%
3 Citi 4,165.68 23 7.34%
4 Deutsche Bank 4,050.74 23 7.13%
5 UBS 2,626.72 9 4.63%