RMB Deals

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China Macau Branch (BOC Macau) 4,500 1 27.97
2 Agricultural Development Bank of China (ADBC) 3,000 1 18.65
3 Bank of Communications Hong Kong Branch (BOCOM HK) 2,500 1 15.54
4 CIFI Holdings 1,600 1 9.94
5 Daimler International Finance 1,000 1 6.22

Leveraged Finance Deals

IssuerMaturitySize
Nidda Bondco GmbH 30-Sep-25250
Algeco Global Finance plc 15-Feb-2385
Algeco Global Finance plc 15-Feb-2340
Groupe Ecore Holding SAS 15-Nov-23255
International Design Group SpA 15-Nov-25400

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
05-Jun-19Capital One Financial Corp12-Jun-2475095.0msseniorBC/BoA/Capital/CS/JPUS

Coupon

0.8%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/BBB/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1fq9rdf0ydby9/capital-one-debuts-in-euro-market-as-aegon-bank-circles

05-Jun-19Capital One Financial Corp12-Jun-29500140.0msseniorBC/BoA/Capital/CS/JPUS

Coupon

1.65%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/BBB/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1fq9rdf0ydby9/capital-one-debuts-in-euro-market-as-aegon-bank-circles

16-May-19Hamburg Commercial Bank23-May-2250075.0msseniorBNPP/CMZ/DB/GS/HCBGermany

Coupon

0.5%

Books(m)

1200

New Issue Premium

Orders

Ratings

Baa2/BBB+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1fffdt951h0jm/hamburg-commercial-issues-pref-note-in-strong-debut

16-May-19Crédit Mutuel Arkéa23-May-2950075.0msnon-preferred seniorABN/CA/CMA/LBBW/NykreditFrance

Coupon

1.125%

Books(m)

2000

New Issue Premium

Orders

Ratings

Aa3/A+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1ffkjb5jcjtxy/cr233dit-mutuel-ark233a-eur500m-1625-may-29-nonpreferred

15-May-19Erste Group22-May-2650080.0msnon-preferred seniorErste/LBBW/MS/Natixis/SGAustria

Coupon

0.875%

Books(m)

2300

New Issue Premium

Orders

Ratings

A2/A+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1ff0g9tb7s7qc/erste-group-achieves-impressive-demand-on-non-pref-debut

13-May-19National Australia Bank20-May-2475035.0msseniorBNPP/HSBC/NAB/UBSAustralia

Coupon

0.25%

Books(m)

1000

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1fd3lfc3z4kgt/nab-hunts-for-cheap-dual-tranche-deal-in-euros

13-May-19National Australia Bank20-May-3150060.0msseniorBNPP/HSBC/NAB/UBSAustralia

Coupon

1.125%

Books(m)

725

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1fd3lfc3z4kgt/nab-hunts-for-cheap-dual-tranche-deal-in-euros

10-May-19HSBC France17-May-24100032.0msseniorHSBCFrance

Coupon

0.25%

Books(m)

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1ffk92tt84np6/hsbc-france-eur1bn-025-may-24

01-May-19Bank of America09-May-26125087.0ms11NC10 seniorBAMLUS

Coupon

1.381%

Books(m)

New Issue Premium

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

01-May-19Bank of America09-May-26125068.0ms7NC6 seniorBAMLUS

Coupon

0.808%

Books(m)

New Issue Premium

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

30-Apr-19Banco de Sabadell10-May-241000175.0msnon-preferred seniorDB/GS/HSBC/Sabadell/SGSpain

Coupon

1.75%

Books(m)

4250

New Issue Premium

Orders

Ratings

Baa3/BBB+/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f7d1b0rfgntr/banco-de-sabadell-eur1bn-175-may-24-nonpreferred

29-Apr-19Canadian Imperial Bank of Commerce (CIBC)03-May-24100042.0msseniorCIBC/HSBC/Natixis/NW/UBSCanada

Coupon

0.375%

Books(m)

1600

New Issue Premium

Orders

Ratings

Aa2/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f5y36nvg4p4l/cibc-adds-to-canadas-tlac-run-in-euros

29-Apr-19Rabobank07-May-3110058.0msnon-preferred seniorCA/CS/GS/MS/RabobankNetherlands

Coupon

1.125%

Books(m)

3250

New Issue Premium

Orders

Ratings

Aa3/AA-/—

Geographic distribution

France 54%, Austria / Germany 20%, UK / Ireland 8%, Benelux 6%, Southern Europe 5%, Switzerland 5%, Asia 1%, other 1%

Investor distribution

Pension Funds / Insurance 46%, Asset Managers 44%, Banks / Private Banks 6%, Central Bank / Official Institutions 4%

Bond comment

https://www.globalcapital.com/article/b1f5yfrlbfpsk7/rabo-extends-curve-with-longest-senior-bank-bond-of-2019

25-Apr-19Svenska Handelsbank15-Dec-23300£85.0GiltsseniorCA/DB/RBCSweden

Coupon

1.625%

Books(m)

400

New Issue Premium

Orders

Ratings

Aa2/AA-/AA

Geographic distribution

UK/Ireland 66%, Asia 19%, Switzerland 6%, France 4%, Germany 3%, Benelux 1%,Others 1%

Investor distribution

Asset Managers 58%, Central Banks/SSAs 16%, Insurance/pension funds 15%, Banks/private banks 10%, Other 1%

Bond comment

https://www.globalcapital.com/article/b1f45f21jgm19z/svenska-sails-close-to-covereds-with-tight-sterling-senior

24-Apr-19Wells Fargo02-May-29600£138.0GiltsseniorBC/NW/Santander/TD/WFUS

Coupon

2.5%

Books(m)

1200

New Issue Premium

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f47rv0fvmfjw/north-american-banks-come-back-to-europe-as-funding-costs-flatten

24-Apr-19Royal Bank of Canada02-May-2450033.0msgreen seniorBNPP/CA/Danske/ING/RBC/SGCanada

Coupon

0.25%

Books(m)

3000

New Issue Premium

Orders

Ratings

Aa3/AA-/AA

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f0ptbfhpxwww/td-leads-the-way-for-canadian-tlac-in-euros

24-Apr-19Morgan Stanley26-Jul-24150068.0msJul24NCJul23 seniorMSUS

Coupon

0.637%

Books(m)

New Issue Premium

Orders

Ratings

A3/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f47rv0fvmfjw/north-american-banks-come-back-to-europe-as-funding-costs-flatten

17-Apr-19Bank of Nova Scotia30-Apr-24100045.0msseniorBC/BNPP/CS/ScotiaCanada

Coupon

0.5%

Books(m)

1900

New Issue Premium

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f0ptbfhpxwww/td-leads-the-way-for-canadian-tlac-in-euros

17-Apr-19Wells Fargo26-Apr-24100048.0msseniorIMI/CA/HSBC/Natixis/WFUS

Coupon

0.5%

Books(m)

2600

New Issue Premium

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f0msg2cqp7f3/no-nip-for-wells-fargo39s-first-euro-deal-since-2017

16-Apr-19Toronto-Dominion Bank25-Apr-24150038.0msseniorBNPP/Citi/CS/GS/JPCanada

Coupon

0.375%

Books(m)

4750

New Issue Premium

Orders

Ratings

Aa1/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1f0ptbfhpxwww/td-leads-the-way-for-canadian-tlac-in-euros

11-Apr-19Banco BPM3008.8%PNCJun24 AT1Akros/BNPP/GS/JP/UniCreditItaly

Coupon

8.75%

Books(m)

600

New Issue Premium

Orders

Ratings

Ba2

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dy3qxqwrqgfv/bpm-offers-glimmer-of-light-for-italys-middle-tier-after-breaking-into-at1-ranks

10-Apr-19Yorkshire Builiding Society 18-Apr-25275£215.0Giltsnon-preferred seniorBC/NW/Nom/UBSUK

Coupon

3%

Books(m)

1900

New Issue Premium

Orders

Ratings

A3/—/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dy1vmv20qm0m/yorkshire-building-society-gbp275m-3-apr-25-non-preferred

09-Apr-19Erste Group16-Apr-2450045.0msseniorBNPP/DZ/Erste/ING/IntesaAustria

Coupon

0.375%

Books(m)

4600

New Issue Premium

Orders

Ratings

A2/A+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dx3bj7wpv3p3/investors-flock-to-popular-senior-print-from-erste

08-Apr-19ABN Amro15-Apr-2675038.0msseniorABN/CA/CMZ/NordLB/NykreditNetherlands

Coupon

0.5%

Books(m)

3500

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

04-Apr-19Crédit Mutuel Arkéa15-Apr-26500145.0msnon-preferred seniorCA/CMA/DZ/Santander/UniCreditFrance

Coupon

1.625%

Books(m)

2000

New Issue Premium

Orders

Ratings

Aa3/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtwn0yvmdpd6/cm-ark233a-draws-big-crowd-with-nonpref-deal

04-Apr-19Islandsbanki12-Apr-22300130.0msseniorBAML/Citi/DB/MSIceland

Coupon

1.125%

Books(m)

1200

New Issue Premium

Orders

Ratings

—/BBB+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtyz1z4h4t5t/sub-benchmark-trades-find-favour-in-red-hot-fig-market

04-Apr-19Volksbank Wien2207.8%PNC5 AT1GSAustria

Coupon

7.75%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/—/BBB

Geographic distribution

Investor distribution

Bond comment

03-Apr-19Criteria Caixa10-Apr-24600145.0msseniorBC/BAML/BNPP/Caixa/Natixis/SantanderSpain

Coupon

1.375%

Books(m)

2750

New Issue Premium

Orders

Ratings

—/—/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtg88c2y8n6n/fig-market-bursts-into-life-as-citi-and-kbc-head-up-super-day-for-senior

03-Apr-19Aareal Bank10-Apr-2440043.0msseniorCMZ/Aareal/DZ/NomuraGermany

Coupon

0.375%

Books(m)

400

New Issue Premium

Orders

Ratings

A3/—/—A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtyz1z4h4t5t/sub-benchmark-trades-find-favour-in-red-hot-fig-market

03-Apr-19Citi10-Apr-29135082.0msseniorCitiUS

Coupon

1.25%

Books(m)

New Issue Premium

Orders

Ratings

A3/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtyv3cfcb7p7/fig-market-soaks-up-new-senior-supply-ahead-of-blackouts

03-Apr-19UBI Banca10-Apr-24500150.0msseniorIMI/BNPP/CA/CS/UBI/UniCreditItaly

Coupon

1.5%

Books(m)

1500

New Issue Premium

Orders

Ratings

Baa3/BBB/BBB-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dthsptdpy46w/ubi-banca-attracts-impressive-demand-with-green-debut

03-Apr-19KBC Group10-Apr-2550060.0msnon-preferred seniorBC/DB/ING/KBC/SGBelgium

Coupon

0.625%

Books(m)

2000

New Issue Premium

Orders

Ratings

Baa1/A-/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtyv3cfcb7p7/fig-market-soaks-up-new-senior-supply-ahead-of-blackouts

03-Apr-19Ageas02-Jul-49500280.0mstier twoJP/MS/Natixis/SGBelgium

Coupon

3.25%

Books(m)

4000

New Issue Premium

Orders

Ratings

A3/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtz1gfz9r0mh/yield-hunters-flock-to-rare-insurance-sub-from-ageas

02-Apr-19NIBC Bank09-Apr-24300200.0msnon-preferred seniorCS/ING/JP/MS/NIBCNetherlands

Coupon

2%

Books(m)

2000

New Issue Premium

Orders

Ratings

Baa1/BBB+/BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dt01znvsj6bk/fig-market-goes-loco-as-nibc-scores-impressive-mrel-debut

02-Apr-19DNB Bank09-Apr-2450030.0msseniorBNPP/Citi/CA/DNB/GSDenmark

Coupon

0.25%

Books(m)

1100

New Issue Premium

Orders

Ratings

Aa2/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dtdbp57mm7hm/dnb-lands-tightest-2019-senior-despite-money-laundering-noise

02-Apr-19MetLife09-Apr-24100038.0msseniorBAML/CS/DB/HSBC/JPUS

Coupon

0.375%

Books(m)

3250

New Issue Premium

Orders

Ratings

Aa3/AA-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dt1yq7t4rxrd/metlifes-fab-reveals-investor-thirst-for-euro-insurance-paper

02-Apr-19Volksbank Wien2207.8%PNC5 AT1GSAustria

Coupon

7.75%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/—/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dv0cxdbgbv35/after-rough-18-small-banks-pick-single-bookrunners

01-Apr-19ING Bank08-Apr-22125018.0msseniorBAML/BNPP/GS/ING/SG/UniCNetherlands

Coupon

0%

Books(m)

3500

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dv0hmfdgzlm5/ing-bank-eur1bn-apr-21-frn-eur750m-apr-22-frn-eur125bn-0-apr-22

01-Apr-19ING Bank08-Apr-2275026.03mEsenior FRNBAML/BNPP/GS/ING/SG/UniCNetherlands

Coupon

3mE+40bp

Books(m)

1700

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dv0hmfdgzlm5/ing-bank-eur1bn-apr-21-frn-eur750m-apr-22-frn-eur125bn-0-apr-22

01-Apr-19ING Bank08-Apr-21100020.03mEsenior FRNBAML/BNPP/GS/ING/SG/UniCNetherlands

Coupon

2800

Books(m)

340

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dv0hmfdgzlm5/ing-bank-eur1bn-apr-21-frn-eur750m-apr-22-frn-eur125bn-0-apr-22

28-Mar-19BFCM08-Jun-26150055.0msseniorBNPP/CMZ/NWFrance

Coupon

0.75%

Books(m)

2250

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dqskcf36s0r6/nips-return-to-fig-market-but-rally-not-yet-run

28-Mar-19Banca Popolare di Sondrio07-Jan-25500240.0msseniorIMI/JP/MS/Natixis/SG/UniCreditItaly

Coupon

1.625%

Books(m)

800

New Issue Premium

Orders

Ratings

—/BBB+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dqsly33wjzcv/sondrio-caps-off-big-week-for-italian-bank-bond-supply

28-Mar-19Aegon5005.6%PNC10.5 RT1ABN/BC/BNPP/Citi/HSBCNetherlands

Coupon

5.625%

Books(m)

2500

New Issue Premium

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dqt7sqlcj1xw/aegon-tightens-375bp-to-land-longawaited-rt1

26-Mar-19Mediobanca07-Jan-25500152.0msseniorBC/BAML/HSBC/NW/SG/UniCreditItaly

Coupon

1.625%

Books(m)

2100

New Issue Premium

Orders

Ratings

—/BBB+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dqsly33wjzcv/sondrio-caps-off-big-week-for-italian-bank-bond-supply

26-Mar-19BPCE01-Apr-25100089.0msnon-preferred seniorNatixisFrance

Coupon

1%

Books(m)

2200

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dqskcf36s0r6/nips-return-to-fig-market-but-rally-not-yet-run

25-Mar-19Van Lanschot1006.8%PNC5 AT1MSNetherlands

Coupon

6.75%

Books(m)

New Issue Premium

Orders

Ratings

—/BBB+/BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dpxqd7fvz1n5/van-lanschot-succeeds-with-second-shot-at-at1-debut

21-Mar-19Nykredit Realkredit17-Jan-2460092.0msseniorBAML/ING/JP/MSDenmark

Coupon

0.875%

Books(m)

1000

New Issue Premium

Orders

Ratings

BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dmpq264xr7mz/fig-market-marches-on-after-fed-saves-the-day

19-Mar-19CaixaBank27-Mar-26100090.0msseniorBC/Caixa/JP/Natixis/NWSpain

Coupon

1.125%

Books(m)

2750

New Issue Premium

Orders

Ratings

Baa1/BBB+/BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlty4cmslv78/caixabank-prices-preferred-flat-to-curve

19-Mar-19Danske Bank21-Jul-29750250.0ms10.25NC5.25 tier twoBNPP/Danske/HSBC/ING/JPDenmark

Coupon

2.5%

Books(m)

4250

New Issue Premium

Orders

Ratings

A2/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlt7xqtl1tff/three-banks-push-out-tier-twos-on-super-tuesday

19-Mar-19Crédit Agricole25-Mar-291250150.0mstier twoCAFrance

Coupon

2%

Books(m)

4000

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlt7xqtl1tff/three-banks-push-out-tier-twos-on-super-tuesday

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

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 260,621.66 1168 8.50%
2 Citi 237,013.77 993 7.73%
3 Bank of America Merrill Lynch 202,064.03 831 6.59%
4 Barclays 188,016.56 770 6.13%
5 Goldman Sachs 146,834.39 610 4.79%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,872.91 136 7.74%
2 Credit Agricole CIB 27,567.28 117 6.69%
3 JPMorgan 23,570.89 63 5.72%
4 Bank of America Merrill Lynch 23,072.58 63 5.60%
5 UniCredit 20,250.58 112 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,332.08 50 10.24%
2 Morgan Stanley 7,744.92 38 9.52%
3 Goldman Sachs 7,137.68 38 8.77%
4 Citi 5,856.44 44 7.20%
5 UBS 4,823.67 25 5.93%