LBBW top stories

News dashboard

  • BMW raises quick cash in Schuldschein as German autos test private debt

    BMW has raised €200m from a single investor in the Schuldschein market, according to several market sources. Arrangers are talking with Schuldschein investors to gauge appetite for German auto manufacturers as the Covid-19 pandemic wreaks havoc on corporate earnings.

    • 30 Mar 2020
  • Funding frenzy in Schuldschein as market moves undercover

    The Schuldschein market’s official lines of bookbuilding have been all but shut during the Covid-19 crisis, but sources have told GlobalCapital that several companies have discreetly approached larger lenders for club or bilateral deals.

    • 26 Mar 2020
  • People moves in brief

    Deloitte hires ex-Morgan Stanley banker — Roland swaps roles at LBBW

    • 19 Mar 2020
  • BMW Bank brings fully PCP-backed auto ABS

    BMW Bank has mandated Bank of America and Lloyds Bank as joint-lead managers, alongside co-managers MUFG and SMBC Nikko, for its Bavarian Sky UK 3 transaction, a UK auto ABS comprised entirely of loans to borrowers with personal contract purchase (PCP) agreements.

    • 03 Mar 2020
  • Dürr returns with ESG-linked Schuldschein

    Dürr is looking for its second sustainability-linked Schuldschein, after the listed mechanical and plant engineering firm launched its first issue in the format last May.

    • 03 Mar 2020
  • Lufthansa shelters in Schuldscheine as coronavirus disrupts airlines

    Deutsche Lufthansa has entered the Schuldschein market for a second time in a matter of weeks, as the coronavirus rocks airlines’ equity value and their ability to raise public debt.

    • 02 Mar 2020
  • IsDB snags impressive size for five year sukuk

    The Islamic Development Bank hit the market for a five year dollar benchmark on Wednesday, raising $2bn at a spread of 40bp to mid-swaps.

    • 19 Feb 2020
  • IsDB returns for five year dollars

    The Islamic Development Bank is returning to the international sukuk market for a five year Reg S dollar benchmark.

    • 18 Feb 2020
  • Siemens prints negative yield for short end

    Siemens, the German machinery group, paid an average yield of 0.12% for €4bn of debt spread over three to 12 year maturities this week, as investors leaped at the chance to snap up highly rated corporate debt.

    • 12 Feb 2020
  • IG rampant as Siemens gets €12.7bn of demand

    Siemens, the German machinery group, launched a €4bn and £850m multi-tranche jumbo bond issue on Tuesday, blowing away worries that similar deals from last week had started to saturate the market.

    • 11 Feb 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%
All Sterling Bonds 22 0.35 2 0.53%
Bookrunners of Euro Denominated DCM 20 17 9.31 48 1.60% 1.97%
Bookrunners of European DCM 25 23 9.15 47 1.26% 1.38%
Bookrunners of Euro Denominated SSA (Excl US Agency) 22 19 2.81 16 1.09% 1.46%
Bookrunners of Global Covered Bonds 2 3 4.42 23 5.68% 5.66%
Bookrunners of Euro Denominated Covered Bond Above €500m 1 2 3.55 15 7.60% 6.92%
Bookrunners of European Structured Finance 16 0.35 1 1.71%
Dealer League Table KfW 19 17 0.14 1 0.41% 0.93%
Dealer League Table NWB 18 0.02 1 0.30%
Dealer League Table L-Bank 1 1 0.55 4 16.77% 17.20%
Dealer League Table Rentenbank 6 19 0.20 2 7.93% 1.06%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 174.83 579 9.77%
2 BofA Securities 146.98 491 8.22%
3 Citi 136.14 469 7.61%
4 Goldman Sachs 104.91 301 5.86%
5 Barclays 97.29 361 5.44%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9.11 38 6.42%
2 UniCredit 8.12 38 5.72%
3 BofA Securities 7.46 30 5.25%
4 BNP Paribas 7.38 42 5.20%
5 Credit Agricole CIB 6.01 35 4.23%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 3.26 23 9.35%
2 Morgan Stanley 3.22 16 9.22%
3 Credit Suisse 3.10 7 8.89%
4 Citi 2.87 19 8.24%
5 Goldman Sachs 2.43 15 6.96%