• Lonza's Sfr865m block covered in 40 minutes

    Lonza, the Swiss pharmaceuticals company, completed a 9.4% capital increase through a Sfr865m accelerated bookbuild on Tuesday night led by UBS and Bank of America Merrill Lynch, the first step in a two-pronged move to raise Sfr3.3bn for an acquisition.

    • 31 Jan 2017
  • Varex signs acquisition loan as it sees through spin-off

    Varex Imaging, the Palo Alto-based X-ray equipment manufacturer, has had a busy January. Following its spin-off from parent company Varian Medical Systems, the firm has found a $600m loan package to acquire PerkinElmer’s medical imaging business.

    • 31 Jan 2017
  • Novartis considers eye care division IPO or spin-off

    In a relatively quiet week for live equity deals, Novartis, one of Europe’s largest pharmaceutical companies, has said it is considering an IPO or spin-off of its eye care division, and a real estate investment trust announced the year’s first London IPO of significant size.

    • 25 Jan 2017
  • Guotai Junan Securities seeks OK for HK listing

    Mainland brokerage Guotai Junan Securities Co is looking to follow its peers and list south of the border, according to a draft prospectus filed by its Hong Kong-listed subsidiary Guotai Junan International.

    • 20 Jan 2017
  • Fixed income flurry pushes US banks to strong 2016

    The major US banks posted surging fixed income numbers in the fourth quarter last year, driven by the Donald Trump and Fed-inspired steepening yield curve, and a flurry of trading around the election itself. This performance turned the year’s normal progress on its end, as a strong fourth quarter made up for a lacklustre first.

    • 19 Jan 2017
  • Bank bosses grilled on regulatory escape

    US bank bosses, facing investors at results announcements this week for the first time since Donald Trump’s election victory, tackled questions about whether the post-Trump optimism was justified — and how their businesses would benefit from easier regulation and lighter taxes.

    • 19 Jan 2017
  • BAML to syndicate €4bn Safran-Zodiac bridge, refi later

    Bank of America Merrill Lynch will soon syndicate a €4bn bridge loan it has underwritten to back French aerospace group Safran’s acquisition of Zodiac Aerospace, the French maker of aircraft seats and interiors. The two companies want to leapfrog up the pecking order of aircraft parts suppliers.

    • 19 Jan 2017
  • Li Ning, Maybank blocks raise vendors combined $133m

    TPG Stallion Holdings raised HK$542.7m ($70.0m) after offloading a chunk of its stock in Chinese firm Li Ning Co this week, while Malaysia’s Federal Land Development Authority (FELDA) sold a block of Maybank shares for MR281.7m ($63.3m).

    • 19 Jan 2017
  • TPG Stallion sells down Li Ning stake for HK$543m

    TPG Stallion Holdings has raised HK$542.7m ($70.0m) after offloading a chunk of its shares in Chinese firm Li Ning Co.

    • 18 Jan 2017
  • BCP shares rise as it goes ex-rights before €1.33bn recap

    Shares in Banco Comercial Português, the Portuguese bank, closed 15% higher on Tuesday after they began trading ex-rights ahead of its €1.33bn rights issue to strengthen its capital buffers and repay contingent convertible bonds owned by the Portuguese government.

    • 17 Jan 2017
  • Wisdom kickstarts IPO, New Century prices

    China’s Wisdom Education International Holdings hit the road on Thursday, opening books for its Hong Kong IPO that could raise up to HK$1.1bn ($147.0m).

    • 12 Jan 2017
  • France energises EMEA ECM with €1.1bn Engie block

    With most senior bankers and investors now back from holidays, equity capital markets in EMEA have burst into life this week, with the launch of two large capital increases and a sizeable state block trade in Engie.

    • 11 Jan 2017
  • BCP shares tank on €1.3bn rights issue to repay bailout

    Shares in Banco Comercial Português, the Portuguese bank, have fallen 21% since it unveiled plans late on Monday for a €1.33bn rights issue to strengthen its core tier one capital ratio and finance the redemption of contingent convertible bonds owned by the Portuguese government.

    • 10 Jan 2017
  • Foncière des Régions raises €384m of new equity to buy €540m set of Spanish hotels

    Foncière des Régions, the French property company, has achieved a covered book for its €348m capital increase to finance the acquisition of a portfolio of 19 Spanish hotels through its subsidiary Foncière des Murs.

    • 10 Jan 2017
  • Gumier bears toward Société Générale for Italian job

    Société Générale has hired a senior banker from Bank of America Merrill Lynch to become its head of global banking, investor solutions, coverage and investment banking in Italy.

    • 09 Jan 2017
  • Jilin commercial bank lands HK$3bn from IPO

    China’s Jilin Jiutai Rural Commercial Bank has bagged HK$3.0bn ($386.9m) after pricing its IPO near the bottom of guidance.

    • 06 Jan 2017
  • WuXi BioLogics heads to Hong Kong for $300m IPO

    China’s WuXi BioLogics is looking south of the border to Hong Kong to go public, preparing an IPO that could raise $300m, according to a banker close to the deal.

    • 05 Jan 2017
  • HK rings in 2017 with $534m IPO duo

    The Hong Kong IPO market has started 2017 with some action as two Chinese issuers unveiled fundraising plans to seek a combined HK$4.2bn ($533.8m).

    • 03 Jan 2017
  • Equities jump on Trump reflation train — expect a bumpy ride

    Equity investors have something new to believe in: fiscal largesse in the US kickstarting global growth. That’s good news for the many companies and banks with capital to raise in 2017 — the trouble is, markets are likely to be as volatile as Donald Trump’s temper. By Jon Hay, additional reporting by Aidan Gregory

    • 01 Jan 2017
  • ECM banks work harder for less, stressed investors get picky

    On the surface, equity capital markets are a well-oiled machine, built to run over the rocky ground of unpredictable stockmarkets. Beneath the surface, there is a lot of sweat. Banks are having to staff their teams with less money, but do just as many deals. Investors are under the cosh, too, squeezed by weak performance and the march of passive funds. Jon Hay reports.

    • 01 Jan 2017
  • CBs: back to basics as rate hikes tempt weaker credits

    Europe’s convertible market is no longer dripping with superlatives as 2017 begins — middling performance and mild outflows have taken out some of the heat. That may be a good thing, as investors may get more of the deals they like: for companies whose credit needs some looking at, but with interesting equity stories. Aidan Gregory and Jon Hay report.

    • 01 Jan 2017

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%