• Three at risk at Rabobank

    Three bankers' jobs are understood to be at risk at Rabobank in London, including one experienced loans banker.

    • 18 Dec 2017
  • HY book sizes fall, but sub-benchmarks price tight

    Cemex, Thomas Cook, Telenet and Lowen Play injected €1.7bn of bond offerings into a visible high yield issuance pipeline already populated with Pinewood and CeramTec this week.

    • 01 Dec 2017
  • Incredible bulk of demand for hybrids turns a shade of green

    The supply of hybrid bonds continued this week, with an additional feature — both hybrids sold this week were certified as green bonds.

    • 16 Nov 2017
  • Ørsted goes for green double and tenders for shorter bonds

    Danish power company Ørsted has wasted no time in issuing under its new name after leaving the Dong Energy brand behind earlier in November. On Thursday the issuer sold a green hybrid and a green senior bond, as well as announcing a tender offer for its shorter dated bonds.

    • 16 Nov 2017
  • Investors keen for new Ferrari as demand stays in top gear

    If the only benchmark euro deal on Thursday had been true to its roots, it would have built a waiting list rather than an order book. But demand still far outstripped supply when Italian luxury sports car manufacturer Ferrari sold its second corporate bond issue.

    • 09 Nov 2017
  • Confident HY market thirsty for €2.4bn Refresco LBO funding

    Buoyed by Wind Tre’s landmark bond deal on Tuesday, European high yield participants say the market has shown there is demand for more jumbo deals — like Refresco’s €2.4bn buyout debt.

    • 27 Oct 2017
  • Stedin debut survives aggressive tightening

    Dutch grid operator Stedin, formerly part of Eneco, was one of several issuers that met with investors before announcing deals this week. It had been discussing a sub-benchmark three year to five year floating rate note and a benchmark eight year fixed rate note, for what was essentially its bond market debut.

    • 19 Oct 2017
  • Iren and Stedin keep the flow up as utilities hit six

    All four investment grade benchmark corporate bond deals that priced last week were from utilities. On Tuesday, Italian multi-services utility, Iren, and Dutch grid operator, Stedin, took the count to six.

    • 17 Oct 2017
  • Corporate and bank green bonds: focus on issuers grows

    Corporate and bank issuers are taking up the SRI bond gauntlet, providing the market with the kind of names that have long been the goal of its biggest cheerleaders.

    • 29 Sep 2017
  • Waking up to reality: the race to put numbers on climate risk

    Sustainability is a term used liberally and vaguely in the financial world. But it has a precise meaning: living so that we do not make it harder for future generations to live. That principle is violated by today’s economy, including its financial markets. But little by little, the heart of markets — the decisions investors make — is facing up to what it has long repressed. Jon Hay reports.

    • 29 Sep 2017
  • Moy Park acquisition to spark £560m issue

    US chicken processor Pilgrim’s Pride Corp plans to fund its £1bn buyout of UK peer Moy Park with cash in hand, an extension of its term loans, and a new debt issue to repay a JBS subordinated note.

    • 11 Sep 2017
  • Shorting Australia and securitization for MDBs: ideas from Sustainable Capital Markets Forum

    Two hundred delegates gathered in Amsterdam on Tuesday September 5 for Euromoney Conferences’ fifth Sustainable and Responsible Capital Markets Forum. For the second time, it was organised jointly with GlobalCapital.

    • 11 Sep 2017
  • Bright Food piques European investors' interest with €800m three year

    Bright Food launched a three year euro bond in Asia on Tuesday, setting initial guidance at 140bp over mid-swaps. The Chinese food and drink producer had roadshowed for a three or five year issue in Asia and Europe last week.

    • 11 Jul 2017
  • High yield treated to €1.5bn shopping spree

    The European high yield bond market welcomed a bursting deal pipeline this week, leaving behind last week’s sabre rattling between investors and issuers.

    • 03 Jul 2017
  • ‘True HY’ awaiting Klöckner’s CCC PIK

    Klöckner Pentaplast, the German plastic packaging maker, has in store a potential subordinated bond deal to fund its merger with UK peer Linpac. Some see the issue as a test on how real the risk appetite is in the European high yield market.

    • 19 Jun 2017
  • Ocado delivers fresh debut

    Buyers of sterling high yield bonds were set to show what they make of the June 8 elections in the UK, and the country's economic landscape on Tuesday, as online grocer Ocado priced the first all-round domestic deal since the vote.

    • 14 Jun 2017
  • CNH brings first euro deal since Macron win

    The European subsidiary of CNH, the US agricultural machinery company formerly called Case New Holland, launched a benchmark euro high yield bond on Monday, as yields in the market hit new all-time lows.

    • 15 May 2017
  • Nokia breaks HY drought as Bakkavor quits

    Finnish technology company Nokia is set to become the first European company to issue a euro high yield bond for four weeks. Meanwhile, UK food producer Bakkavor will repay all its notes.

    • 23 Feb 2017
  • Silgan uncorks rare loan-to-bond cross-border offering

    Silgan Holdings, a maker of consumer goods packaging in the US, this week priced the first cross-border high yield deal of 2017 as it plans to repay term loans.

    • 08 Feb 2017
  • Sigma Alimentos picks euros for first Mexico trade of 2017

    Multinational food company Sigma Alimentos is preparing ground for what is likely to be the first new issue from a Mexican borrower since Donald Trump became president of the United States.

    • 26 Jan 2017

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 367.86 1366 9.25%
2 BofA Securities 316.72 1193 7.96%
3 Citi 307.59 1151 7.74%
4 Goldman Sachs 221.20 768 5.56%
5 Barclays 209.93 831 5.28%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.47 120 14.19%
2 Credit Agricole CIB 28.28 91 6.64%
3 Santander 25.17 89 5.91%
4 JPMorgan 23.88 61 5.60%
5 UniCredit 21.17 100 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 7.04 37 15.71%
2 Credit Suisse 5.77 23 12.86%
3 BofA Securities 4.28 26 9.56%
4 JPMorgan 3.61 27 8.04%
5 Morgan Stanley 3.08 13 6.88%