LBBW top stories

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  • Niedersachsen Invest scores with debut bond for NordlB restructuring

    Niedersachsen Invest GmbH, the financing vehicle 100% guaranteed by the State of Lower Saxony with a policy mission for the recapitalisation and long-term restructuring of NordLB, received a strong reception from investors for its debut bond on Monday.

    • 06 Jul 2020
  • People moves in brief

    Barclays appoints levfin and sponsors leaders — Créd Ag gives Goldfischer UK role — BTIG hires Huggins

    • 02 Jul 2020
  • New blood in LBBW SSA team as Hertlein departs

    Philip Hertlein resigned from his job as head of SSA syndicate and origination at LBBW on Tuesday. In his absence, the team has been bolstered by Oliver Franke, who joins the bank from Crédit Agricole.

    • 02 Jul 2020
  • Issuers turn to sustainable covereds amid uncertainty

    Syndicate bankers are scrambling to make sense of the covered bond market, where sentiment has been changeable in recent weeks. Amid volatility and small issuance windows, sustainable bonds have proven a safe strategy to ensure successful deals.

    • 02 Jul 2020
  • No NIP for Sparebanken Vest on green debut in covereds

    Sparebanken Vest Boligkreditt did not need to offer any premium to investors to complete its debut sale of green covered bonds on Wednesday. The deal adds to a recent flurry of socially responsible investments, which are offering financial issuers very competitive terms.

    • 01 Jul 2020
  • Berlin Hyp generates green momentum in covereds

    Berlin Hyp left ‘a little bit on the table’ with its new green covered bond on Tuesday. The trade was followed by deal announcements from Kookmin Bank and Sparebank Vest Boligkreditt, both looking to issue in sustainable format.

    • 30 Jun 2020
  • NN Bank builds strong demand behind soft bullet debut

    NN Bank used a quiet market this week to launch the first deal from its new soft bullet covered bond programme. The inaugural deal carried an ‘attractive’ spread and was more than three times subscribed at final terms.

    • 30 Jun 2020
  • Pipeline fills up in covereds

    NN Bank unveiled plans on Monday to issue its first covered bond from its newly published soft-bullet programme. At the same time, Berlin Hyp has mandated lead managers for the sale of a new green covered bond.

    • 29 Jun 2020
  • Bank lenders face choice as Wirecard teeters on brink

    Lenders to Wirecard, the embattled German payments company, will have to decide whether to call in its €1.75bn syndicated loan, after its auditor EY refused to sign off its 2019 accounts, which the company announced on Thursday, sending its share price into a spiral. Markus Braun, the company's CEO, resigned on Friday.

    • 19 Jun 2020
  • EIB and Brandenburg hit sparse euro SSA market

    The European Investment Bank and the State of Brandenburg have mandated banks to bring euro deals on Thursday, in what has been an extremely thin week for supply with issuers well funded and some weakness in secondaries.

    • 17 Jun 2020

LBBW In The Key League Tables

Asset Rank STLY Amount $bn No of issues Share % STLY Share %
  • Last updated
  • Today
Global FIG Revenue 25 45 0.04 215 0.80% 0.37%
Bookrunners of Euro Denominated DCM 22 18 15.60 87 1.31% 1.94%
Bookrunners of Euro Denominated SSA (Excl US Agency) 24 16 5.21 31 0.96% 1.86%
Bookrunners of Global Covered Bonds 2 3 6.43 36 5.45% 5.08%
Bookrunners of Euro Denominated Covered Bond Above €500m 1 2 5.43 27 8.32% 6.31%
Bookrunners of European Structured Finance 12 26 0.70 2 2.52% 0.79%
Dealer League Table KfW 21 14 0.14 1 0.38% 3.50%
Dealer League Table NWB 20 0.02 1 0.27%
Dealer League Table L-Bank 1 1 0.82 6 19.94% 19.58%
Dealer League Table Rentenbank 14 23 0.20 2 2.76% 0.73%
Dealer League Table Kommunekredit 9 0.05 1 3.16%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 336.76 1217 9.37%
2 BofA Securities 284.30 1071 7.91%
3 Citi 280.93 1014 7.82%
4 Goldman Sachs 200.39 671 5.57%
5 Barclays 188.95 731 5.26%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 57.52 109 14.74%
2 Credit Agricole CIB 26.70 85 6.84%
3 Santander 23.41 72 6.00%
4 UniCredit 18.91 76 4.85%
5 HSBC 18.86 67 4.83%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5.30 30 13.95%
2 Credit Suisse 4.88 18 12.86%
3 BofA Securities 3.69 22 9.73%
4 JPMorgan 2.84 20 7.49%
5 Morgan Stanley 2.63 9 6.93%