RMB Deals

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China Macau Branch (BOC Macau) 4,000 1 9.61
2 Export-Import Bank of Korea (Kexim) 3,570 4 8.58
3 Bank of China Taipei Branch (BOC Taipei) 3,000 1 7.21
4 First Abu Dhabi Bank PJSC 2,650 3 6.37
5 QNB Finance 2,235 3 5.37

Leveraged Finance Deals

IssuerMaturitySize
Playtech plc 12-Oct-23530
WMG Acquisition Corp 15-Oct-26250
El Corte Ingles SA 15-Mar-24600
Avis Budget Finance plc 30-Jan-26350
Guala Closures SpA 15-Apr-24455

Leveraged Finance Deals Pipeline

IssuerTypeCur.SizeMaturityStatusArrangers
KerneosHY snr sec fixed, floating€335m total€200m min on fixed2021RS Feb 24-27GS

Notes

to finance the acquisition of Kerneos by Astorg Partners

Cabot Financial£105m bridgeHY refi likelyJPM (bridge provider)
FindusHY PIK£rumoured

Notes

to pay £200m dividend

Yioula GlassworksHY165m6NC3investor day heldC
Fresenius€380m still outstanding under bridge€1.8bn initially, €1.42bn repaid
Gamesamulls HY
PrisaHY PIKrumours; to take out loans in restructuring
TDF's French unitauctionGS

Notes

Rexam health care unitauctionB (sell side)

Notes

Netsin auction

Notes

CogetechHY snr sec1655NC2pulled Aug 2, 13BNP, UC, DB
MonierRS in Apr 2012 for €250m bondBNP
Ascometalbridge to HYPulled in Mar/Apr 12BofA, MS
Vivartereceived approval for HYB

Notes

PHSreceived approval for HYB

Notes

Real MadridHYup to €250mrumour

Notes

FIG Deals

DateIssuerMaturitySizeCurrSpreadtoTypeLeadsCountry
04-Oct-18Mizuho11-Oct-2350058.0msseniorBNPP/GS/HSBC/Mizuho/NatixisJapan

Coupon

1.02%

Books(m)

1400

Orders

Ratings

A1/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b7ds1ybdlrn7/mizuho-follows-mufg-with-a-five-year

01-Oct-18Mitsubishi UFJ05-Oct-2350058.0msgreen seniorMS/MUFGJapan

Coupon

0.98%

Books(m)

2000

Orders

Ratings

A1/A-/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b7ds1ybdlrn7/mizuho-follows-mufg-with-a-five-year

27-Sep-18Crédit Mutuel Arkéa05-Oct-2350050.0msseniorABN/CA/Arkéa/DZ/SantanderFrance

Coupon

0.875%

Books(m)

850

Orders

Ratings

Aa3/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b4b5qgg3zwkk/cm-ark233a-sticks-with-500m-for-first-deal-of-2018

25-Sep-18Santander Consumer Finance09-Oct-1875083.0msseniorBAML/HSBC/Natixis/Santander/UniCSpain

Coupon

1.125%

Books(m)

1700

Orders

Ratings

A2/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b3dvptls8yb3/santander-cf-prices-tight-to-curve-for-senior

25-Sep-18Sampo27-Sep-30500110.0msseniorBNPP/Citi/DB/NordeaFinland

Coupon

2.25%

Books(m)

1250

Orders

Ratings

A3/A-/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b3fd617sc8hf/sampo-expands-debt-programme-to-raise-debt-in-untested-maturity

25-Sep-18DZ Bank02-Oct-232509.0msSRI seniorDZGermany

Coupon

0.5%

Books(m)

330

Orders

Ratings

Aa1/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b4g1jcn6w8rh/dz-focuses-on-wind-power-for-debut-green

24-Sep-18Société Générale27-Sep-291250115.0msnon-preferred seniorSGFrance

Coupon

2.125%

Books(m)

1900

Orders

Ratings

A1/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b302hfswqk5f/soc-gen-picks-up-long-end-demand-for-non-preferred

24-Sep-18Abanca2507.5%PNC5 AT1BC/BNPP/Nomura/UBSSpain

Coupon

7.5%

Books(m)

500

Orders

Ratings

Ba2/BB/BB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1b2zx8xtxkzhn/abancas-debut-at1-gives-investors-a-rare-yield-opportunity

20-Sep-18CCDJ27-Sep-21100028.0msseniorCA/DZ/UBSCanada

Coupon

Books(m)

Orders

Ratings

Aa2/A+/AA-

Geographic distribution

Investor distribution

Bond comment

20-Sep-18SpareBank 1 Ostlandet27-Sep-2130052.03mEseniorBNPP/DB/LBBW/NordeaNorway

Coupon

3mE+52bp

Books(m)

Orders

Ratings

A

Geographic distribution

Investor distribution

Bond comment

20-Sep-18HSBC Holdings1000£5.9%PNC8 AT1HSBCUK

Coupon

5.875%

Books(m)

Orders

Ratings

A2/A/AA-

Geographic distribution

Investor distribution

Bond comment

19-Sep-18NatWest Markets27-Sep-21125095.03mEsenior FRNDZ/Natixis/NW/SantanderUK

Coupon

0.582%

Books(m)

4000

Orders

Ratings

Baa2/BBB+/BBB+

Geographic distribution

Investor distribution

Bond comment

19-Sep-18Banque Internationale Luxembourg28-Sep-23300120.0msnon-preferred seniorCS/BILLuxembourg

Coupon

1.5%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

19-Sep-18Phoenix Group Holdings28-Jan-29500350.0mstierABN/Citi/HSBC/NatWestUK

Coupon

4.375%

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

18-Sep-18LF Bank25-Sep-2350055.0msseniorBNPP/CS/JP/LBBW/NordeaSweden

Coupon

0.875%

Books(m)

700

Orders

Ratings

A1/A/—

Geographic distribution

Investor distribution

Bond comment

18-Sep-18DNB Bank25-Sep-2375028.0msseniorBAML/Citi/DNB/JP/UBSNoway

Coupon

0.6%

Books(m)

900

Orders

Ratings

Aa2/A+/—

Geographic distribution

Investor distribution

Bond comment

18-Sep-18Sumitomo Mitsui Trust Bank25-Sep-2050025.03mESRI senior FRN BNPP/BAML/CA/GS/DaiwaJapan

Coupon

Books(m)

2300

Orders

Ratings

A1/A/—

Geographic distribution

Investor distribution

Bond comment

18-Sep-18BBVA10005.9%PNC5 AT1BC/BAML/BBVA/BNPP/Citi/CSSpain

Coupon

5.875%

Books(m)

5000

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

18-Sep-18CYBG plc25-Sep-26500£280.0GiltsseniorBC/Citi/CSUK

Coupon

4%

Books(m)

Orders

Ratings

—/BBB-/BBB+

Geographic distribution

Investor distribution

Bond comment

17-Sep-18BPCE26-Sep-18125040.0mssenior socialNatixisFrance

Coupon

0.625%

Books(m)

Orders

Ratings

A1/A/A

Geographic distribution

Investor distribution

Bond comment

17-Sep-18Groupama24-Sep-28500250.0mstier twoBNPP/Citi/CA/HSBC/JP/NatixisFrance

Coupon

3.375%

Books(m)

1500

Orders

Ratings

—/—/BBB+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18ING Groep20-Sep-281500110.0msseniorBC/GS/ING/JP/NatixisNetherlands

Coupon

2%

Books(m)

3000

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18ING Groep20-Sep-23100085.03mEsenior FRNBC/GS/ING/JP/NatixisNetherlands

Coupon

3mE+85bp

Books(m)

4400

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18ING Groep20-Sep-23100080.0msseniorBC/GS/ING/JP/NatixisNetherlands

Coupon

1%

Books(m)

5200

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18Pension Insurance Corporation25-Sep-30350£400.0Giltstier twoHSBC/JP/LloydsUK

Coupon

5.625%

Books(m)

500

Orders

Ratings

—/—/A

Geographic distribution

Investor distribution

Bond comment

11-Sep-18Société Générale18-Sep-22200030.0msnon-preferred seniorSGFrance

Coupon

0.25%

Books(m)

3000

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

11-Sep-18Swedbank18-Sep-28500128.0ms10NC5 tier twoBC/BNPP/JP/Swedbank/UBSSweden

Coupon

1.5%

Books(m)

1400

Orders

Ratings

Aa2/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19y7d9xnjstvj/swedbank-eur500m-15-sep-28-tier-two

11-Sep-18Sydbank18-Sep-23500115.0msnon-preferred seniorBNPP/Danske/JP/LBBW/NykreditDenmark

Coupon

1.375%

Books(m)

950

Orders

Ratings

Baa1/—/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19y7dnhx9sqqq/sydbank-eur500m-1375-sep-23-nonpreferred-senior

10-Sep-18Bankia5006.4%PNC5 AT1Bankia/BC/CA/DB/UBSSpain

Coupon

6.375%

Books(m)

2800

Orders

Ratings

—/BBB/BBB-

Geographic distribution

UK/Ireland 57% France 10% Germany/Austria 9% Switzerland 8% Italy 5% Benelux 3% Other EU 3% Other non-EU 5%

Investor distribution

Asset managers 77% Hedge funds 12% Insurance/pension funds 5% Banks/private banks 5% Others 1%

Bond comment

https://www.globalcapital.com/article/b19y7cx2865b0z/bankia-eur500m-6375-pnc5-at1

05-Sep-18MuHyp12-Sep-2525040.0msseniorBayernLB/Deka/DZGermany

Coupon

0.875%

Books(m)

Orders

Ratings

A2/—/—

Geographic distribution

Investor distribution

Bond comment

05-Sep-18Rothesay Life350£6.9%PNC10 RT1MS/BC/Lloyds/NWUK

Coupon

6.875%

Books(m)

Orders

Ratings

—/—/A

Geographic distribution

Investor distribution

Bond comment

04-Sep-18Banco Santander12-Sep-23500£185.0Giltsnon-preferred seniorDB/NW/SantanderSoain

Coupon

2.75%

Books(m)

Orders

Ratings

A3/A/A-

Geographic distribution

Investor distribution

Bond comment

04-Sep-18Rabobank10004.6%PNC Dec 2025 AT1CS/GS/JP/MS/RaboNetherlands

Coupon

4.625%

Books(m)

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19v2npydy0sx7/rabobank-eur1bn-4625-

04-Sep-18Alandsbanken13-Sep-2125055.0msseniorDZ/Swedbank/UniCreditFinland

Coupon

0.5%

Books(m)

Orders

Ratings

0.5%

Geographic distribution

Investor distribution

Bond comment

31-Aug-18Mapfre07-Sep-48500330.0mstier twoBankia/BC/Citi/CASpain

Coupon

4.125%

Books(m)

Orders

Ratings

—/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

29-Aug-18CIBC23-Mar-2335035.0msseniorBNPP/CIBC/DB/HSBCCanada

Coupon

0.75%

Books(m)

375

Orders

Ratings

Aa2/A+/AA-

Geographic distribution

Investor distribution

Bond comment

29-Aug-18Banco de Sabadell07-Mar-24750130.0msseniorSabadell/CA/CS/DB/JPSpain

Coupon

1.625%

Books(m)

1000

Orders

Ratings

Baa2/BBB/—

Geographic distribution

Investor distribution

Bond comment

28-Aug-18Royal Bank of Scotland Group04-Mar-25750130.0msseniorJP/NW/Nomura/SG/UniCreditUK

Coupon

2%

Books(m)

1200

Orders

Ratings

Baa2/BBB-/BBB+

Geographic distribution

Investor distribution

Bond comment

28-Aug-18Svenska Handelsbanken05-Mar-29750127.0ms10.5NC5.5 tier twoHSBC/JP/MS/SvenskaSweden

Coupon

1.625%

Books(m)

1400

Orders

Ratings

Aa2/AA-/AA

Geographic distribution

Investor distribution

Bond comment

28-Aug-18HSBC France04-Sep-21175025.0msseniorHSBCFrance

Coupon

0.2%

Books(m)

2700

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

28-Aug-18HSBC France04-Sep-2875055.0msseniorHSBCFrance

Coupon

1.375%

Books(m)

1800

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

24-Aug-18Barclays03-Sep-23750130.0msseniorBCUK

Coupon

1.5

Books(m)

1000

Orders

Ratings

Ba3/BBB/A

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Belfius30-Aug-2350040.0msseniorBAML/Belfius/BNPP/CMZ/LloydsBelgium

Coupon

0.625%

Books(m)

825

Orders

Ratings

A2/A-/A-

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Deutsche Bank30-Aug-23100090.0msseniorDBGermany

Coupon

1.125%

Books(m)

Orders

Ratings

A3/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Intesa Sanpaolo30-Aug-231000188.0msseniorBanca IMI/DB/JP/SG/UBSItaly

Coupon

2.125%

Books(m)

1700

Orders

Ratings

Baa1/BBB/BBB

Geographic distribution

Investor distribution

Bond comment

22-Aug-18Rabobank29-Aug-23100055.0msnon-preferred seniorBNPP/CS/HSBC/MS/RaboNetherlands

Coupon

0.75%

Books(m)

4700

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

22-Aug-18Bank of Ireland Group29-Aug-23750115.0msseniorJP/NW/Nomura/UBSIreland

Coupon

1.375%

Books(m)

2000

Orders

Ratings

Baa3/BBB-/BBB

Geographic distribution

Investor distribution

Bond comment

22-Aug-18National Australia Bank30-Aug-2375035.0msseniorBNPP/Citi/NAB/UBSAustralia

Coupon

0.625%

Books(m)

2400

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

22-Aug-18National Australia Bank30-Aug-28125053.0msseniorBNPP/Citi/NAB/UBSAustralia

Coupon

1.375%

Books(m)

1800

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

22-Aug-18OP Corporate Bank30-Aug-2350022.0msseniorBAML/DZ/OPFinland

Coupon

0.375%

Books(m)

800

Orders

Ratings

Aa3/AA-/A-

Geographic distribution

Investor distribution

Bond comment

Securitization

Europe CLOs Priced Deals

IssuerArrangerSize ($M)
BlackRock Investment Management Credit Suisse462.20
Oaktree Capital ManagementCiti448.20
SankatyBarclays457.97
GSO Capital PartnersBAML449.87
Apollo Management InternationalDeutsche Bank493.50

US CLOs Priced Deals

IssuerArrangerSize ($M)
Brightwood Capital AdvisorsNatixis652.80
Trinitas Capital ManagementWells Fargo406.65
Black Diamond AdviserJP Morgan359.60
Zais Leveraged Loan ManagerRBC280.70
Sound Point Capital ManagementCredit Suisse512.50

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 45,589.37 178 7.11%
2 JPMorgan 43,572.44 88 6.79%
3 Credit Agricole CIB 33,071.14 158 5.15%
4 UniCredit 32,917.16 149 5.13%
5 SG Corporate & Investment Banking 32,145.89 124 5.01%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,559.65 59 8.93%
2 Goldman Sachs 13,209.37 65 8.70%
3 Citi 9,711.73 55 6.40%
4 Morgan Stanley 8,471.86 53 5.58%
5 UBS 8,136.41 33 5.36%