• Tata Motors appoints nine to underwrite $1.2bn rights offer

    Tata Motors will open books on its nine-for-109 rights issue next month signing up a whopping nine banks to lead the deal. If the issue raises the targeted Rp75bn ($1.2bn) it will rank as India’s second largest ever rights issue.

    • 31 Mar 2015
  • Kell to re-join BAML as chair of international ECM

    Neil Kell is re-joining Bank of America Merrill Lynch in the newly created role of chairman of international equity capital markets, after recently resigning from Deutsche Bank.

    • 31 Mar 2015
  • Shawbrook narrows IPO range ahead of book close

    Shawbrook, the UK challenger bank, has narrowed the price range toward the top of the initial range, ahead of the IPO book’s closing tomorrow.

    • 30 Mar 2015
  • Block trades go massive with €5.2bn in 24 hrs

    The spate of very large and strategic block trades has continued this week, with sales of stock in Accor, Dassault Aviation, the London Stock Exchange and Havas, totalling an expected €5.2bn.

    • 25 Mar 2015
  • Aabar gets delayed conversion on UniCredit exchangeable bond

    Aabar Investments, the Abu Dhabi investment group, raised €2bn with its second exchangeable bond on Tuesday, to repay a €1.25bn exchangeable into Daimler shares it issued in 2011.

    • 24 Mar 2015
  • No doubt as investors pile into Inox Wind IPO

    Inox Wind has raised Rp10.40bn ($166m) by pricing its IPO at the top of guidance, as investors piled in and showed no sensitivity to the Indian stock and its valuation.

    • 24 Mar 2015
  • JSW steams ahead with $802m QIP plans

    JSW Energy, part of Indian conglomerate JSW Group, is preparing to hit the ECM market with a qualified institutional placement of up to Rp50bn ($802m), as the company looks to shore up capital to put to use for its growth plans.

    • 24 Mar 2015
  • Aabar launches up to €2bn UniCredit exchangeable to take out Daimler bond

    Aabar Investments, the investment arm of Abu Dhabi’s International Petroleum Investment Corp, is this evening bookbuilding a bond of €1.5bn to €2bn, exchangeable into shares of UniCredit.

    • 23 Mar 2015
  • Shawbrook starts building book for £180m IPO

    Shawbrook, the UK challenger bank, today launched the bookbuilding phase of its initial public offering, as the firm looks to raise at least £180m on the London Stock Exchange.

    • 23 Mar 2015
  • Latter heads to BAML to run South African IB

    Kevin Latter has been appointed head of investment banking in South Africa at Bank of American Merrill Lynch.

    • 23 Mar 2015
  • Inox breezes through $166m Indian IPO

    Inox Wind’s Rp10.40bn ($166m) Indian IPO has seen a stellar response from the market as investor demand takes books to 18 times covered, with pricing now widely expected to come out at the top of the range.

    • 23 Mar 2015
  • GF Securities kicks open $3.6bn IPO with juicy discount

    GF Securities is making a big splash in the ECM market, opening books for its Hong Kong IPO of up to HK$27.9bn ($3.6bn) on Monday, March 23 and offering a very generous discount to where the company’s A-shares are trading. The bargain buy has resonated well with the market, with cornerstone investors having signed up for more than half of the entire trade.

    • 23 Mar 2015
  • Auto Trader flies after completing largest UK IPO so far this year

    Auto Trader shares shot up on the start of trading Thursday, at one point reaching a high 16.5% above issue price, after the new and used car sales website completed its £1.39bn London listing.

    • 19 Mar 2015
  • Equity blocks whizz with Hugo Boss and TLG

    Equity accelerated bookbuild activity was lively this week, reflecting generally buoyant stock markets and investors eager for paper as quantitative easing begins to bite.

    • 19 Mar 2015
  • Indian IPOs: discerning investors take charge

    India’s Adlabs Entertainment wrapped up its extended IPO this week, raising Rp3.70bn ($59m) by pricing its shares at the bottom of a revised range.

    • 19 Mar 2015
  • Apax hits jackpot as Auto Trader IPO blows out, reaching £1.4bn

    Bank of America Merrill Lynch and Deutsche Bank are working on allocations tonight on the IPO of Auto Trader, which has been a big success.

    • 18 Mar 2015
  • Inox Wind breezes in for $166m India IPO

    Inox Wind has opened books for its Rp10.40bn ($166m) Indian IPO, with a large number of anchor orders already in the deal. The first sizeable listing from the country this year, the trade is set to heat up India's ECM market as investors vie for renewable energy names.

    • 18 Mar 2015
  • Auto Trader expands IPO after strong demand, narrows price range

    Auto Trader has increased the size of its initial public offering in London, after receiving strong demand from investors in the early stages of the bookbuild.

    • 16 Mar 2015
  • Shawbrook third challenger bank to try IPO on LSE in five months

    Shawbrook launched its IPO on Thursday, as the bank races to become the latest challenger bank to float in London, ahead of the Easter holiday break.

    • 12 Mar 2015
  • Inox Wind breathes life into India IPO market

    Inox Wind is set to launch its Rp10.40bn ($168.39m) IPO on March 18, in what looks to be India’s largest listing in nearly two years. The deal is already generating a lot of buzz given the company's credentials as a unit of the Inox Group and for being a rare issuer in the renewable energy sector.

    • 12 Mar 2015
  • Finansbank quasi-IPO begins – new capital to be 90% of targeted $1bn sale

    The starting gun has been fired for the long-awaited quasi-IPO of Finansbank. The National Bank of Greece, which owns almost all the Turkish bank, will sell some of its shares, though the $1bn deal will consist mainly of new capital.

    • 11 Mar 2015
  • India’s Inox Wind ushers in $163m IPO

    Inox Wind is set to launch its Rp10.40bn ($168.39m) IPO on March 18, in what looks to be India’s largest listing in nearly two years. The deal is already generating lots of buzz given its credentials as a unit of the Inox Group and for being a rare issuer in the renewable energy sector.

    • 11 Mar 2015
  • Auto Trader’s £1bn IPO covered in hours

    Auto Trader looks increasingly likely to achieve its desired valuation of £2.5bn, as the online new and second hand car website's London listing got covered throughout the range on the first day of bookbuild.

    • 10 Mar 2015
  • Apax has a chance of big returns on Auto Trader IPO

    Auto Trader today opened the book on its London listing, as the firm’s private equity seller Apax aims to raise up to £1.25bn from the offering.

    • 09 Mar 2015
  • State Bank of India en route to $2.5bn capital raise

    State Bank of India (SBI) is slated to launch a share sale in the week of March 16 that will raise between $2.0bn-$2.5bn, making it the largest ECM transaction to come out of the country since Coal India’s Rp226.13bn ($3.7bn) block deal.

    • 08 Mar 2015
  • BAML reaches for €1bn Safran block, days after Enel

    Three chunky equity block trades were launched this evening – in Safran, Merlin Entertainments and Veolia – after all three companies’ shares had hit 52 week highs today.

    • 02 Mar 2015

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%