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• BayWa argues IG-equivalent for green issue

  German agriculture, energy, logistics and services group BayWa issued a €500m five year green bond on Monday, building a strong €750m book — despite some ambiguity about how to treat the unrated corporate.

  • 17 Jun 2019

• Engie twice oversubscribed in quiet IG corp market

  Engie, the French electricity and gas group rated A3/A-/A, chose an otherwise quiet Friday in the European corporate bond market to issue a €1.5bn eight and 20 year green bond. The deal was more than twice oversubscribed.

  • 14 Jun 2019

• ESG price ratchet enters Schuldschein: bonds next?

  A structure developed in the loan market, in which a company’s financing margin can be lowered during the life of the deal if it improves its environmental, social and governance credentials, has crossed over into the Schuldschein market. That raises the possibility it could make the leap to the bond market, write Silas Brown and Jon Hay.

  • 13 Jun 2019

• PSA, Air Liquide, Investor AB and Vattenfall enjoy keen bid

  With equities in green, Thursday was a fair sailing day for corporate bond issues in Europe, and five issuers took advantage, including two French names and two Swedish. Demand was strong and terms tight.

  • 13 Jun 2019

• Volkswagen, Bright Food get big books on soft day

  It's not often a €1.75bn deal from Volkswagen Leasing is overshadowed in the corporate bond market, though that was the case on Wednesday with Berkshire Hathaway's £1.75bn 20 and 40 year stormer. But Berkshire left euros clear for Volkswagen - it only had Bright Food of China to compete with.

  • 12 Jun 2019

ING In The Key League Tables

Asset	Rank	STLY	Amount $m	No of issues	Share %	STLY Share %
For detailed analysis:
Last updated 21 May 2019
Bookrunners of European Leveraged Loans	16	14	1,298.09	11	2.49%	2.77%
Bookrunners of International Emerging Market DCM	22	23	3,050.41	21	1.10%	0.88%
Syndicated Loan Revenue	16	17	48.09	118	1.68%	1.54%
Syndicated Loan Revenue - EMEA	3	9	31.21	74	5.90%	3.66%
EMEA M&A Revenue	20	18	16.27	20	0.88%	0.83%
All Sterling Bonds	20	20	456.58	4	0.49%	0.43%
Bookrunners of Dollar Denominated FIG	23	58	1,513.76	13	0.55%	0.15%
Bookrunners of Dollar Denominated HY Bonds	25	19	1,120.65	10	0.93%	1.30%
Bookrunners of Euro Denominated DCM	15	17	14,956.27	88	2.20%	2.41%
Bookrunners of European DCM	19	20	15,179.86	92	1.68%	1.67%
European Sovereign Bonds	21	14	925.82	2	0.83%	2.85%
Bookrunners of Euro Denominated SSA (Excl US Agency)	21	20	3,285.97	16	1.27%	1.76%
Bookrunners of Global Covered Bonds	12	19	4,151.59	19	3.30%	1.94%
Bookrunners of Euro Denominated Covered Bond Above €500m	7	14	3,357.72	12	4.95%	3.05%
Bookrunners of European Subordinated FIG	16	18	499.96	3	0.82%	0.64%
Bookrunners of European HY Bonds	10	21	1,041.26	9	3.65%	1.69%
Bookrunners of All Syndicated Loans EMEA	12	10	5,254.57	45	2.72%	3.31%
Bookrunners of European Marketed Syndicated Loans	12	10	5,254.57	45	2.72%	3.31%
Bookrunners of Euro Denominated Corporate IG Bonds	14	11	3,722.69	24	2.44%	3.94%
Bookrunners of European Corporate IG Bonds	22	16	3,480.03	21	1.97%	2.44%
Bookrunners of CEEMEA International Bonds	13	21	2,270.59	14	2.31%	1.29%
Bookrunners of Central and Eastern Europe: Loans	5	6	293.72	4	4.41%	4.95%
Bookrunners of Middle East and Africa Loans	19	25	409.06	1	1.92%	1.05%
Bookrunners of all EMEA ECM Issuance	23	32	432.22	5	0.88%	0.61%
Bookrunners of all EMEA Equity-Linked ECM	15		56.95	1	0.81%
Bookrunners of India DCM	24	26	50.00	1	0.50%	0.45%
Dealer League Table EIB	21	19	168.48	2	0.50%	0.96%
Dealer League Table IFC	15		5.00	1	0.25%
Dealer League Table World Bank	21	23	26.67	2	0.15%	0.53%
Dealer League Table EBRD	14	14	62.43	6	1.36%	0.28%
Dealer League Table NWB	16		28.48	1	0.74%
Dealer League Table L-Bank	2		288.92	2	9.71%
Dealer League Table Rentenbank	9	25	173.77	2	3.13%	0.70%
Global Green Bonds	9	8	1,876.33	14	2.81%	3.55%