• CYBG tightens IPO price range ahead of Tuesday float

    Clydesdale and Yorkshire Bank Group, the UK mid-sized bank being spun off by National Australia Bank, has tightened the price range of its London initial public offering to the low end.

    • 29 Jan 2016
  • IPO peddlers go for deep discounts to keep market open

    It’s becoming increasingly difficult to find positives in equity capital markets this year so far. Not since 1995 have so few deals been issued in the first 27 days of January, and this week an IPO collapsed. Hope for the few deals left in the market lies in deep discounting, writes Olivier Holmey.

    • 28 Jan 2016
  • Ascential moves forward with price range for London IPO

    Ascential, the information and events business formerly known as Top Right Group and Emap, on Thursday started building the book for a London IPO that could give it a market capitalisation of up to £880m.

    • 28 Jan 2016
  • Postal Savings banks picks five for jumbo $15bn HK listing

    Postal Savings Bank of China has selected five banks to lead its jumbo $15bn IPO, which is set to become the largest listing in Hong Kong in five years.

    • 28 Jan 2016
  • China rail duo set H-share CBs on right track

    China Railway Rolling Stock Corp hit the equity-linked market this week for $600m, becoming only the second firm to print an H-share CB in Asia since 2007. The deal, which follows a similar issue from a Chinese peer earlier this month, has set in motion the transition from a rare deal type into a regular funding option.

    • 28 Jan 2016
  • KRX approves Hotel Lotte $5bn IPO

    South Korea’s stock market regulator has approved Hotel Lotte’s plans for an IPO, which could raise as much as $5bn and take the title of the largest listing in the country.

    • 28 Jan 2016
  • NAB shareholders 'overwhelmingly' approve Clydesdale sale

    Shareholders of National Australia Bank, the owner of Clydesdale and Yorkshire Bank Group, have voted to separate NAB and CYBG as a final nudge for the UK institution before it is due to float early next week.

    • 27 Jan 2016
  • Postal Savings names leads for $15bn IPO

    Postal Savings Bank of China has picked five banks to lead its listing, which could raise as much as $15bn to become the largest IPO in Hong Kong in five years.

    • 27 Jan 2016
  • Hope for ECM from Draghi’s hints and CYBG covered book

    European stocks rose on Thursday, as European Central Bank president Mario Draghi offered a supportive, if vague, acknowledgment of the market’s struggles. But bankers said they would need several consecutive days of rising markets to regain confidence in this quarter’s prospects for primary issuance.

    • 21 Jan 2016
  • CYBG’s £500m float covered on full size

    Clydesdale and Yorkshire Bank Group, the UK mid-sized bank being spun off by National Australia Bank, had by day three of bookbuild received more than enough demand to place all of the shares in its London IPO.

    • 21 Jan 2016
  • Veritas sets date for revised buyout attempt

    Veritas Technologies, the US software firm that Carlyle Group is buying from Symantec, will aim to complete a revised $7.4bn sale next week after failing to secure financing in November.

    • 21 Jan 2016
  • Quick Heal to launch $80m float in February

    India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid-February, according to sources.

    • 21 Jan 2016
  • BAML completes ECM reshaping with Fleming, Losada moves

    Bank of America Merrill Lynch has completed a plan that has been in the works for 18 months, by promoting James Fleming and Sam Losada to co-heads of EMEA ECM.

    • 20 Jan 2016
  • Hardy equity issuers tiptoe forward, others hide

    Equity capital market bankers are finding it hard to feel optimistic about this quarter. By close last night, European stocks had already fallen 8.8% so far this year, and few deals had been launched.

    • 20 Jan 2016
  • CYBG picks 'compelling' price range for IPO in tricky markets

    Clydesdale and Yorkshire Bank Group, the UK mid-sized bank being spun off by National Australia Bank, has set the price range for its London IPO at a level that it hopes will prove compelling to investors in spite of market volatility.

    • 18 Jan 2016
  • IDBI glad-hands investors for Rp38bn QIP

    IDBI Bank’s top management are doing the rounds with investors as they try to drum up interest for a Rp38bn ($561.3m) qualified institutional placement.

    • 18 Jan 2016
  • UK’s Ascential and Countryside join mix for London floats

    Ascential and Countryside Properties this week swelled the ranks of London’s declared IPO hopefuls, which already included CMC Markets and CYBG, as the UK ramps up to what is expected to be a busy IPO season.

    • 14 Jan 2016
  • CYBG to open book on £500m IPO next week

    CYBG, the UK mid-sized bank owned by National Australia Bank, will start building the book for its initial public offering in London next week.

    • 14 Jan 2016
  • Hotel Lotte eyes $5bn in record Korea IPO

    Hotel Lotte could raise as much as $5bn from its IPO, expected as early as March, and land the title of the largest ever listing in South Korea in the process, according to market sources.

    • 13 Jan 2016
  • IDBI picks seven banks for Rp38bn QIP

    India’s IDBI Bank has named a group of seven banks to manage a qualified institutional placement, according to a source involved in the transaction.

    • 08 Jan 2016
  • Safran’s €650m CB wins record negative yield as inflows mount

    Just as European equity capital sales made a prompt start to the year on Tuesday, the first viable window available, with the €1bn NN Group block trade, the equity-linked market also wasted no time. Safran, the French aerospace and defence company, issued a €650m convertible at what a banker claimed was a record low yield.

    • 07 Jan 2016
  • €1bn NN block shows right name on right day can get deep bid

    The start to 2016’s equity capital markets business in Europe has been tricky, but the action on Tuesday showed that high quality deals can get done very well, provided they come in a suitable window.

    • 07 Jan 2016
  • Safran, NN deals trade well, though markets rough again

    Wednesday brought red back to equity traders' screens after a buoyant Tuesday, but trading action confirmed the satisfactory execution of this year’s first two substantial equity capital markets deals in Europe: the €1.03bn block trade in NN Group, the Dutch insurer, and French aerospace firm Safran’s €650m convertible.

    • 06 Jan 2016
  • ECM makes bold start with hit block trade and CB

    Europe's equity capital market lost no time in hitting back after the scary start of Monday, when world markets tumbled after China's stockmarket went into freefall and Saudi Arabia and Iran's war of words became more rancorous.

    • 06 Jan 2016
  • Safran opens CB year with scorching -0.78% yield

    Just as European equity capital sales made a prompt start to the year today with the €1bn NN Group block trade, the equity-linked market has also wasted no time. Safran, the French aerospace and defence company, issued a €650m convertible at what a banker claimed was a record low yield.

    • 05 Jan 2016
  • ING opens 2016 equity sales with hit €1bn NN Group block trade

    If Monday was an ugly beginning to 2016 in the equity capital market, with a 7% fall in Chinese stocks dragging world indices down, Tuesday has been much cheerier, even bringing deals in Europe.

    • 05 Jan 2016
  • Advent makes exit as UK's Priory Group goes to US buyer

    Acadia Healthcare, the US psychiatric and behavioural health care provider, has agreed to buy UK peer the Priory Group from Advent International for around £1.5bn.

    • 05 Jan 2016

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 540.58 2091 9.08%
2 Citi 458.60 1748 7.70%
3 BofA Securities 450.70 1765 7.57%
4 Barclays 324.99 1331 5.46%
5 Goldman Sachs 314.64 1137 5.28%

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 JPMorgan 15.76 106 9.17%
2 Morgan Stanley 15.71 67 9.14%
3 Goldman Sachs 14.87 82 8.65%
4 Citi 12.56 72 7.30%
5 BofA Securities 11.86 62 6.90%