LBBW top stories

News dashboard

  • Fresenius enters Schuldschein market on hunt for euros

    German healthcare company Fresenius has launched a Schuldschein across three tenors.

    • 15 Aug 2019
  • HY market grapples with tough turnarounds

    With no major new issues in sight, the high yield bond market has been dominated by the news of troubled businesses struggling to come up with credible turnaround plans.

    • 14 Aug 2019
  • Details emerge on ZF blockbuster Schuldschein return

    ZF Friedrichshafen is targeting the end of August to launch its grand return to the Schuldschein market, according to people with knowledge of the situation. The German car parts maker’s €2.2bn issue in November 2014 is the biggest deal the market has ever seen but a bigger deal may be on the way.

    • 14 Aug 2019
  • Gewobag to close SSD with ‘well over €1bn’ bids

    German housing company Gewobag has closed a Schuldschein in the next few days with well over €1bn of orders, in a transaction that could be the largest of this year so far.

    • 13 Aug 2019
  • 'Reality sinking in' over negative yielding new issues, say FIG bankers

    Issuers and investors are rapidly coming to terms with the idea that negative yields will become a permanent feature of the financial institutions bond market. Debt capital markets officials say that it is now only a matter of time before a bank plucks up the courage to sell a new senior bond with a sub-zero yield, following examples set in the covered bond market.

    • 08 Aug 2019
  • Land Schleswig-Holstein EUR500m 0.2% Aug 39

    • 08 Aug 2019
  • Schleswig-Holstein pushes euro curve way out

    Schleswig-Holstein stretched its euro curve out by a decade on Wednesday, as market participants warn that the world of positive yielding German sub-sovereign debt is shrinking.

    • 07 Aug 2019
  • Green deals will have the greatest impact on the Schuldschein market this year

    Green Schuldscheine have been a peripheral feature of the market for the past three years but this seems to be changing, with a billion plus transaction from Porsche and a sustainability linked note from Durr stirring investors into a frenzy. This green turn could have more of an impact for short term market growth than the odd non-European borrower tapping the market.

    • 06 Aug 2019
  • Schleswig-Holstein braves rate noise

    The Federal State of Schleswig-Holstein has mandated for a 20 year euro trade, as eurozone rates continue to squeeze tighter.

    • 06 Aug 2019
  • Porsche set for largest green Schuldschein ever

    Porsche AG, maker of Porsche sports cars, closed a green Schuldschein this week, with pricing and allocation set for Friday. The final size is rumoured to be €1bn, with an order book far exceeding that.

    • 30 Jul 2019

LBBW In The Key League Tables

Asset Rank STLY Amount $m No of issues Share % STLY Share %
  • Last updated
  • 13 Aug 2019
Global FIG Revenue 25 45 38.26 215 0.80% 0.37%
Bookrunners of Euro Denominated DCM 18 19 19,298.71 103 1.91% 1.79%
Bookrunners of European DCM 24 25 18,256.39 98 1.36% 1.18%
Bookrunners of Euro Denominated SSA (Excl US Agency) 17 14 6,925.39 31 1.94% 2.37%
Bookrunners of Global Covered Bonds 3 3 8,393.04 48 4.77% 5.07%
Bookrunners of Euro Denominated Covered Bond Above €500m 2 4 5,403.66 21 6.16% 5.79%
Bookrunners of European Structured Finance 25 379.76 1 0.75%
Bookrunners of Euro Denominated Corporate IG Bonds 25 39 2,345.86 8 0.96% 0.17%
Dealer League Table KfW 14 14 2,299.40 2 3.41% 3.88%
Dealer League Table L-Bank 1 1 876.38 7 18.73% 16.20%
Dealer League Table Rentenbank 24 7 56.06 1 0.65% 5.26%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 255,554.16 1146 8.47%
2 Citi 232,791.64 969 7.71%
3 Bank of America Merrill Lynch 199,027.99 814 6.59%
4 Barclays 184,008.42 751 6.10%
5 HSBC 144,676.82 801 4.79%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,283.69 132 7.81%
2 Credit Agricole CIB 27,347.56 115 6.83%
3 JPMorgan 23,350.32 62 5.83%
4 Bank of America Merrill Lynch 22,698.09 61 5.67%
5 UniCredit 19,891.92 110 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,160.55 49 10.10%
2 Morgan Stanley 7,744.92 38 9.59%
3 Goldman Sachs 6,966.15 37 8.62%
4 Citi 5,856.44 44 7.25%
5 UBS 4,820.17 25 5.97%