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 10.85
2 Export-Import Bank of Korea (Kexim) 3,570 4 9.68
3 Bank of China Taipei Branch (BOC Taipei) 3,000 1 8.14
4 QNB Finance 2,235 3 6.06
5 Shui On Development (Holdco for Shui On Land) 2,200 2 5.97

Leveraged Finance Deals

IssuerMaturitySize
BWAY Holding Co 15-Apr-24475
Smurfit Kappa Acquisitions Unlimited Co 15-Jan-26600
LHMC Finco SARL 20-Dec-23425
LHMC Finco SARL 20-Dec-23663
Telecom Italia SpA 28-Jan-26750

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
12-Jul-18Toronto-Dominion20-Jul-23150038.0msseniorBNPP/Danske/DB/Natixis/TDCanada

Coupon

0.625%

Books(m)

2400

Orders

Ratings

Aa2/AA-/—

Geographic distribution

Investor distribution

Bond comment

10-Jul-18Nykredit Realkredit19-Jan-2250053.0msnon-preferred seniorGS/JP/MS/Natixis/NykreditDenmark

Coupon

0.5%

Books(m)

800

Orders

Ratings

—/A/BBB+

Geographic distribution

Investor distribution

Bond comment

10-Jul-18Bank of Montreal17-Nov-21100033.0msseniorBMO/BNPP/CMZ/CS/HSBCCanada

Coupon

0.25%

Books(m)

1200

Orders

Ratings

A1/A+/AA-

Geographic distribution

Investor distribution

Bond comment

09-Jul-18ABN Amro17-Jul-23125035.0msseniorABN/BC/CMZ/CA/INGNetherlands

Coupon

0.5%

Books(m)

1700

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

09-Jul-18Banque Fédérative du Crédit Mutuel16-Nov-221500EUR40.0msseniorBNPP/DB/MS/NWFrance

Coupon

0.5%

Books(m)

2600

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

09-Jul-18Banque Fédérative du Crédit Mutuel16-Jul-2875060.0msseniorBNPP/DB/MS/NWFrance

Coupon

1.375%

Books(m)

1900

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

09-Jul-18Westpac17-Jul-2865050.0msseniorBNPP/CS/HSBC/WestpacAustralia

Coupon

1.45%

Books(m)

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

09-Jul-18Westpac17-Oct-2385050.0msseniorBNPP/CS/HSBC/WestpacAustralia

Coupon

0.75%

Books(m)

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

04-Jul-18Commonwealth Bank of Australia12-Jul-21250£45.03mEsenior FRNCBA/CS/NomuraAustralia

Coupon

3mE+45bp

Books(m)

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

04-Jul-18La Banque Postale13-Jul-287505.5%tier twoBNPP/CA/Citi/HSBC/UBSFrance

Coupon

2%

Books(m)

1400

Orders

Ratings

—/A/A-

Geographic distribution

France 68% Germany 11% Southern Europe 7% UK 6% Scandinavia 5% Benelux 2% Switzerland 1%

Investor distribution

Insurance/pension funds 48% Asset managers 46% Central banks/official institutions/SSA 5% Banks/private banks 1%

Bond comment

https://www.globalcapital.com/article/b18y7yc573bdlg/la-banque-postale-eur750m-2-jul-2028-snp

04-Jul-18Vittoria Assicurazioni11-Jul-282505.8%tier twoBanca Akros/BPM/MSItaly

Coupon

5.75%

Books(m)

Orders

Ratings

—/—/BBB

Geographic distribution

Investor distribution

Bond comment

04-Jul-18P&V Assurances13-Jul-283905.5%tier twoNatixisFrance

Coupon

5.5%

Books(m)

Orders

Ratings

Unrated

Geographic distribution

Investor distribution

Bond comment

28-Jun-18Raiffeisen Bank International (RBI)05-Jul-2150040.0msgreen seniorCA/DZ/HSBC/ING/RBIAustria

Coupon

0.25%

Books(m)

1000

Orders

Ratings

A3/BBB+/—

Geographic distribution

Investor distribution

Bond comment

26-Jun-18AIB Group03-Jul-25500180.0msseniorDavy/DB/HSBC/Nomura/UBSIreland

Coupon

2.25%

Books(m)

500

Orders

Ratings

Ba2/BB+/BBB-

Geographic distribution

Investor distribution

Bond comment

26-Jun-18SpareBank 1 SMN03-Jul-2350050.0msseniorBNPP/DB/DZ/Swedbank/UniCreditNorway

Coupon

0.75%

Books(m)

650

Orders

Ratings

A1/—/A-

Geographic distribution

Investor distribution

Bond comment

25-Jun-18Svenska Handelsbanken03-Jul-2350023.0msgreen seniorBAML/Handelsbanken/HSBCSweden

Coupon

0.375%

Books(m)

1400

Orders

Ratings

Aa2/AA-/AA

Geographic distribution

Investor distribution

Bond comment

21-Jun-18Caixa Geral de Depósitos28-Jun-285005.8%10NC5 tier twoBNPP/BAML/CaixaBI/CA/CS/UniCreditPortugal

Coupon

5.75%

Books(m)

800

Orders

Ratings

B2/—/B+

Geographic distribution

Investor distribution

Bond comment

20-Jun-18KBC Group27-Jun-2350072.0msgreen seniorABN/BC/CMZ/CA/KBCBelgium

Coupon

0.875%

Books(m)

1600

Orders

Ratings

Baa1/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18r46bkgzsnrl/kbc-group-eur500m-0875-jun-27-green

20-Jun-18CNP Assurances5004.8%PNC10 RT1CS/HSBC/MS/Natixis/SG/UniCreditFrance

Coupon

0.875%

Books(m)

1500

Orders

Ratings

BBB-/BB+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18r46mtfwzg3f/cnp-assurances-eur500m-475-pnc10-rt1

20-Jun-18Bank of Nova Scotia23-Jun-22250£90.0GiltsseniorCS/NW/MS/Nomura/ScotiabankCanada

Coupon

1.75%

Books(m)

Orders

Ratings

A1/A+/AA-

Geographic distribution

Investor distribution

Bond comment

20-Jun-18Royal Bank of Scotland Group25-Jun-241250$172.0Treasuries6NC5 seniorBAML/Citi/GS/NW/WFUK

Coupon

4.159%

Books(m)

Orders

Ratings

Baa3/BBB-/BBB+

Geographic distribution

Investor distribution

Bond comment

20-Jun-18Royal Bank of Scotland Group25-Jun-24750$155.03mL6NC5 senior FRNBAML/Citi/GS/NW/WFUK

Coupon

3mL+155bp

Books(m)

Orders

Ratings

Baa3/BBB-/BBB+

Geographic distribution

Investor distribution

Bond comment

20-Jun-18UBS AG London26-Jun-48100$147.0TreasuriesseniorUBSSwitzerland

Coupon

4.5%

Books(m)

Orders

Ratings

Aa3

Geographic distribution

Investor distribution

Bond comment

20-Jun-18Danske Bank750$7.0%PNC7 AT1BNPP/HSBC/CS/Danske/GS/JPDenmark

Coupon

7%

Books(m)

2000

Orders

Ratings

A/A/A1

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18r46shvpv56r/danske-bank-eur750m-7-pnc7-at1

18-Jun-18Metro Bank30-Jun-28250£5.5%10NC5 T2BAML/RBCUK

Coupon

5.5%

Books(m)

475

Orders

Ratings

Unrated

Geographic distribution

UK 90% Europe 7% Other 3%

Investor distribution

Asset managers/hedge funds 95% Banks/private banks 5%

Bond comment

https://www.globalcapital.com/article/b18r46zc6ctdkv/metro-bank-gbp250m-55-jun-28-tier-two

18-Jun-18Swedbank28-Jun-22400£80.0GiltsseniorHSBC/NWSweden

Coupon

1.625%

Books(m)

Orders

Ratings

Aa2/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

18-Jun-18de Volksbank25-Jun-2350050.0msseniorABN/BNPP/DZ/MSNetherlands

Coupon

0.75%

Books(m)

800

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

15-Jun-18HSBC Holdings27-Jun-231000£135.0GiltsseniorHSBCUK

Coupon

2.175%

Books(m)

Orders

Ratings

A2/A/AA-

Geographic distribution

Investor distribution

Bond comment

15-Jun-18Nordea Bank26-Jun-23100060.0msnon-preferred seniorBC/BNPP/GS/JP/NordeaSweden

Coupon

0.875%

Books(m)

3250

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

14-Jun-18Lloyds Banking Group21-Jun-21500$80.03mLsenior FRNJPUK

Coupon

3ml+80bp

Books(m)

Orders

Ratings

A3/BBB+/A+

Geographic distribution

Investor distribution

Bond comment

13-Jun-18Vivat3007.0%PNC7 RT1ABN/BNPP/DB/NWNetherlands

Coupon

7%

Books(m)

450

Orders

Ratings

—/—/BBB-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18n07df9cc8x8/vivat-eur300m-7-pnc7-rt1

12-Jun-18HSBC Holdings30-Jun-293000$163.0Treasuries11NC10 seniorHSBCUK

Coupon

4.583%

Books(m)

Orders

Ratings

A2/A/AA-

Geographic distribution

Investor distribution

Bond comment

11-Jun-18Svenska Handelsbanken18-Jun-22500£83.0GiltsseniorDB/NomuraSweden

Coupon

1.625%

Books(m)

725

Orders

Ratings

Aa2/AA-/AA

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18n0745nxtbbx/svenska-handelsbanken-gbp500m-1625-jun-22

07-Jun-18NatWest Markets14-Jun-2350085.0msseniorBBVA/NW/NordLB/SGUK

Coupon

1.125%

Books(m)

1000

Orders

Ratings

Baa2/BBB+/BBB+

Geographic distribution

UK&I 38% Germany / Austria / Switzerland 25% France 16% Southern Europe 8% Nordics 5% Other 8%

Investor distribution

Asset Manager 80% Banks 12% Official Institutions 4% Pension Fund / Insurance 2% Other 2%

Bond comment

07-Jun-18SBAB Bank14-Jun-2350035.0msseniorDeka/JP/SEB/SG/UBSSweden

Coupon

0.75%

Books(m)

1000

Orders

Ratings

A2/A

Geographic distribution

Investor distribution

Bond comment

06-Jun-18Credit Suisse Group12-Jun-241250$140.0TreasuriesseniorCSSwitzerland

Coupon

4.207%

Books(m)

Orders

Ratings

Baa2/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

06-Jun-18Credit Suisse Group12-Jun-24750$124.03mLsenior FRNCSSwitzerland

Coupon

3mL+124bp

Books(m)

Orders

Ratings

Baa2/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

05-Jun-18Danske Bank12-Jun-23400$106.03mLnon-preferred senior FRNCiti/Danske/BAML/MS/TD/WFDenmark

Coupon

3mL+106bp

Books(m)

Orders

Ratings

A1/A/A

Geographic distribution

Investor distribution

Bond comment

05-Jun-18Danske Bank12-Jun-23850$120.0Treasuriesnon-preferred seniorCiti/Danske/BAML/MS/TD/WFDenmark

Coupon

3.875%

Books(m)

Orders

Ratings

A1/A/A

Geographic distribution

Investor distribution

Bond comment

05-Jun-18Danske Bank12-Jun-28500$148.0Treasuriesnon-preferred seniorCiti/Danske/BAML/MS/TD/WFDenmark

Coupon

4.375%

Books(m)

Orders

Ratings

A1/A/A

Geographic distribution

Investor distribution

Bond comment

05-Jun-18JP Morgan12-Jun-23100088.0ms11NC10 seniorJPUS

Coupon

1.812%

Books(m)

Orders

Ratings

A3/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b18jw0p8zbbv7b/jp-morgan-eur1bn-1812-jun-29

25-May-18Sydbank1005.3%PNC7.25 AT1Danske/JPDenmark

Coupon

5.25%

Books(m)

Orders

Ratings

A2

Geographic distribution

Denmark 69% Norway 12% Finland 11% France 3% Luxembourg 3% Switzerland 2%

Investor distribution

Asset managers 36% Corporate funds 29% Pension/insurance funds 20% Private wealth 9% Banks 6%

Bond comment

https://www.globalcapital.com/article/b18br6q1xm3hww/sydbank-eur100m-pnc725-at1

23-May-18MUFG30-May-2335055.03mEsenior FRNMS/MUFGJapan

Coupon

3mE+55bp

Books(m)

Orders

Ratings

A1/A-/A

Geographic distribution

Investor distribution

Bond comment

23-May-18Santander UK Group01-Jun-211000$80.0TreasuriesseniorCiti/GS/Santander/WFUK

Coupon

3.4%

Books(m)

Orders

Ratings

Aa3/BBB/A

Geographic distribution

Investor distribution

Bond comment

23-May-18Santander UK Group01-Jun-21750$62.03mLsenior FRNCiti/GS/Santander/WFUK

Coupon

3mL+62bp

Books(m)

Orders

Ratings

Aa3/BBB/A

Geographic distribution

Investor distribution

Bond comment

23-May-18Provident Financial04-Jun-23250£7.0%seniorBC/Lloyds/NW/SantanderUK

Coupon

7%

Books(m)

Orders

Ratings

—/—BBB-

Geographic distribution

Investor distribution

Bond comment

22-May-18ABN Amro29-May-20350£35.03m\Lsenior FRNABN/CS/SantanderNetherlands

Coupon

3mE+35bp

Books(m)

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

17-May-18Svenska Handelsbanken24-May-211250$65.0TreasuriesseniorBAML/GS/JP/MSSweden

Coupon

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

16-May-18Santander Consumer Finance30-May-2350050.0msseniorBC/ING/JP/SantanderSpain

Coupon

Books(m)

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

16-May-18Morgan Stanley30-May-21125050.0msseniorMSUS

Coupon

Books(m)

Orders

Ratings

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

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 210,637.39 814 8.00%
2 JPMorgan 197,161.38 880 7.49%
3 Bank of America Merrill Lynch 188,790.49 629 7.17%
4 Barclays 167,506.50 590 6.36%
5 HSBC 148,510.68 678 5.64%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29,830.94 52 6.97%
2 BNP Paribas 28,182.03 110 6.58%
3 UniCredit 21,916.39 101 5.12%
4 Credit Agricole CIB 21,885.13 102 5.11%
5 SG Corporate & Investment Banking 21,814.64 83 5.10%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 9,508.41 44 8.73%
2 JPMorgan 9,409.35 41 8.64%
3 Citi 7,634.33 42 7.01%
4 UBS 5,950.83 20 5.46%
5 Deutsche Bank 5,145.17 32 4.72%