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 8.81
2 Export-Import Bank of Korea (Kexim) 3,570 4 7.86
3 Bank of China Taipei Branch (BOC Taipei) 3,000 1 6.61
4 First Abu Dhabi Bank PJSC 2,650 3 5.84
5 QNB Finance 2,235 3 4.92

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
19-Jan-19Citi24-Jan-24750£175.0GiltsseniorCitiUS

Coupon

2.75%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cqzbyv723wnd/wall-street-banks-hit-dollars-but-yankees-miss-chance

16-Jan-19Royal Bank of Canada25-Jan-2150038.03mEsenior FRNRBCCanada

Coupon

3mE+75bp

Books(m)

New Issue Premium

Orders

Ratings

A2/A/AA

Geographic distribution

Investor distribution

Bond comment

16-Jan-19BNP Paribas23-Jan-272250180.0ms8NC7 non-preferred seniorBNPPFrance

Coupon

1.375%

Books(m)

10500

New Issue Premium

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cqz0ghgjxrg2/bnp-paribas-eur225bn-2125-jan-27-gbp1bn-3375-jan-26-snp

16-Jan-19BNP Paribas23-Jan-261000£225.0Giltsnon-preferred seniorBNPPFrance

Coupon

3.375%

Books(m)

2500

New Issue Premium

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cqz0ghgjxrg2/bnp-paribas-eur225bn-2125-jan-27-gbp1bn-3375-jan-26-snp

16-Jan-19BNZ International Funding23-Apr-2250078.0msseniorBNPP/HSBC/NAB/UBSNew Zealand

Coupon

0.625%

Books(m)

1850

New Issue Premium

Orders

Ratings

A1/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cqz1bw0g5prt/bnz-eur500m-0625-apr-22

11-Jan-19Danske Bank12-Jan-241500$290.0Treasuriesnon-preferred seniorBC/BAML/Danske/GS/JP/UBSDenmark

Coupon

5.375%

Books(m)

10000

New Issue Premium

Orders

Ratings

A2/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmw97nsp3tkv/danske-finally-looks-to-finish-after-browder-claims

11-Jan-19Danske Bank12-Jan-221500$260.0Treasuriesnon-preferred seniorBC/BAML/Danske/GS/JP/UBSDenmark

Coupon

5%

Books(m)

10000

New Issue Premium

Orders

Ratings

A2/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmw97nsp3tkv/danske-finally-looks-to-finish-after-browder-claims

10-Jan-19Santander Consumer Bank21-Jan-225097.0msseniorGS/Natixis/SG/SwedbankNorway

Coupon

0.875%

Books(m)

2300

New Issue Premium

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

10-Jan-19Crédit Mutuel Arkéa17-Jan-25500110.0msseniorCA/Arkéa/LBBW/Santander/UniCreditFrance

Coupon

1.375%

Books(m)

700

New Issue Premium

Orders

Ratings

Aa3/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmwbpykjxxst/five-french-banks-feed-into-fast-start-in-fig

10-Jan-19CaixaBank01-Feb-241000225.0msnon-preferred seniorCaixa/Citi/SG/HSBC/UBSSpain

Coupon

2.375%

Books(m)

2600

New Issue Premium

Orders

Ratings

Baa1/BBB+/BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmr9f9jbgxcd/caixabank-finds-room-to-tighten-20bp-for-mrel-senior

10-Jan-19Groupe BPCE16-Dec-22250£145.0Giltsnon-preferred seniorBC/Natixis/NWFrance

Coupon

2.125%

Books(m)

300

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

09-Jan-19Banque Fédérative du Crédit Mutuel (BFCM)18-Dec-23400£140.0GiltsseniorCS/NWFrance

Coupon

2.25%

Books(m)

1500

New Issue Premium

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1clf22ffz3lmc/french-banks-adapt-to-2019-with-preferred

09-Jan-19Crédit Agricole17-Jan-22150055.03mEsenior FRNCAFrance

Coupon

3mE+55bp

Books(m)

1700

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cm9r9sn0z1fs/cr233d-ag-squeezes-pricing-for-cost-efficient-frn

08-Jan-19UniCredit14-Jan-22500$390.03mLnon-preferred seniorBC/Citi/GS/JP/UBS/UniCreditItaly

Coupon

3mL+390bp

Books(m)

8000

New Issue Premium

Orders

Ratings

Baa3/BBB-/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmx20n7jlh1s/unicredit-usd25bn-657-jan-22-usd500m-jan-22-frn

08-Jan-19UniCredit14-Jan-222500$400.0Treasuriesnon-preferred seniorBC/Citi/GS/JP/UBS/UniCreditItaly

Coupon

Books(m)

8000

New Issue Premium

Orders

Ratings

Baa3/BBB-/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmx20n7jlh1s/unicredit-usd25bn-657-jan-22-usd500m-jan-22-frn

08-Jan-19Allianz15-Jan-2575050.0msinsurance seniorBAML/Citi/CMZ/CA/HSBCGermany

Coupon

0.875%

Books(m)

1300

New Issue Premium

Orders

Ratings

Aa3/AA/—

Geographic distribution

Germany/Austria 41% Benelux 20% France 14% Switzerland 7% Asia 5% Southern Europe 5% UK 4% Nordics 3% Other 1%

Investor distribution

Asset managers 51% Official institutions 16% Insurance/pension funds 15% Banks/private banks 14% Others 4%

Bond comment

https://www.globalcapital.com/article/b1cmwzsksgf5hx/allianz-eur750m-0875-jan-25-eur750m-15-jan-30

08-Jan-19Allianz15-Jan-3075065.0msinsurance seniorBAML/Citi/CMZ/CA/HSBCGermany

Coupon

1.5%

Books(m)

1200

New Issue Premium

Orders

Ratings

Aa3/AA/—

Geographic distribution

France 37% Germany/Austria 28% Switzerland 10% Asia 9% UK 8% Benelux 4% Nordics 3% Southern Europe 1%

Investor distribution

Asset managers 47% Insurance/pension funds 38% Official institutions 9% Banks/private banks 5% Others 1%

Bond comment

https://www.globalcapital.com/article/b1cmwzsksgf5hx/allianz-eur750m-0875-jan-25-eur750m-15-jan-30

08-Jan-19Groupe BPCE15-Jul-24125086.0msseniorNatixisFrance

Coupon

1%

Books(m)

1600

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmx0ttbxxsqw/bpce-eur125bn-1-jan-24

08-Jan-19ABN Amro15-Jan-21100030.03mEsenior FRNABN/Citi/SG/UBS/UniCreditNetherlands

Coupon

3mE+40bp

Books(m)

2000

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmwysyqjxy3s/abn-amro-eur1bn-jan-21-frn-eur15bn-0875-jan-24

08-Jan-19ABN Amro15-Jan-24150078.0msseniorABN/Citi/SG/UBS/UniCreditNetherlands

Coupon

0.875%

Books(m)

3000

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmwysyqjxy3s/abn-amro-eur1bn-jan-21-frn-eur15bn-0875-jan-24

07-Jan-19Banque Fédérative du Crédit Mutuel (BFCM)15-Jul-23125075.0msseniorBNPP/CM/Nomura/UBSFrance

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/b1cmx06z51mqyt/bfcm-eur125bn-075-jul-26

07-Jan-19Société Génerale14-Jan-21150037.03mEsenior FRNSGFrance

Coupon

3mE+37bp

Books(m)

1700

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1clf22ffz3lmc/french-banks-adapt-to-2019-with-preferred

07-Jan-19ING Groep10-Jan-261000170.0msseniorBC/BBVA/BNPP/CMZ/CS/INGNetherlands

Coupon

2.125%

Books(m)

2900

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cmx1blt8hn1r/ing-eur1bn-2125-jan-26

03-Jan-19BNP Paribas10-Jan-25900$235.0Treasuriesnon-preferred seniorBNPPFrance

Coupon

4.705%

Books(m)

3250

New Issue Premium

Orders

Ratings

Baa1/A-/

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cjsl03cpcxjl/bnpp-shows-leadership-with-first-callable-non-pref

03-Jan-19BNP Paribas10-Jan-301700$265.0Treasuriesnon-preferred seniorBNPPFrance

Coupon

5.198%

Books(m)

3250

New Issue Premium

Orders

Ratings

Baa1/A-/

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1cjsl03cpcxjl/bnpp-shows-leadership-with-first-callable-non-pref

29-Nov-18Banco de Sabadell06-Dec-28500510.0ms10NC5 tier twoSabadell/BC/GSSpain

Coupon

5.375%

Books(m)

New Issue Premium

Orders

Ratings

Baa3/BBB/BB+

Geographic distribution

Investor distribution

Bond comment

28-Nov-18Crédit Agricole05-Dec-23100055.0msgreen seniorCAFrance

Coupon

0.75%

Books(m)

New Issue Premium

Orders

Ratings

A1

Geographic distribution

Investor distribution

Bond comment

28-Nov-18Jyske Bank05-Dec-23500100.0msnon-preferred seniorDanske/Deka/GS/JPDenmark

Coupon

0.875%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

27-Nov-18HSBC Holdings04-Dec-23100090.03mEsenior FRNHSBCUK

Coupon

3mE+90bp

Books(m)

New Issue Premium

Orders

Ratings

A2/A/AA-

Geographic distribution

Investor distribution

Bond comment

27-Nov-18HSBC Holdings04-Dec-241250130.0msseniorHSBCUK

Coupon

1.5%

Books(m)

New Issue Premium

Orders

Ratings

A2/A/AA-

Geographic distribution

Investor distribution

Bond comment

27-Nov-18Commerzbank04-Dec-2075040.03mEsenior FRNBC/BayernLB/CMZ/CA/NatixisGermany

Coupon

3mE+45bp

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/BBB+

Geographic distribution

Investor distribution

Bond comment

27-Nov-18Commerzbank04-Dec-2065050.0msseniorBC/BayernLB/CMZ/CA/NatixisGermany

Coupon

0.5%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/BBB+

Geographic distribution

Investor distribution

Bond comment

27-Nov-18Westpac04-Dec-20100032.03mEsenior FRNBNPP/DB/JP/WestpacAustralia

Coupon

3mE+50bp

Books(m)

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

27-Nov-18Westpac04-Dec-20100032.03mEsenior FRNBNPP/DB/JP/WestpacAustralia

Coupon

3mE+50bp

Books(m)

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

27-Nov-18UniCredit04-Dec-233000$493.6Treasuriesnon-preferred senior (private)Citi/MS/UniCreditItaly

Coupon

7.83%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/BBB/BBB

Geographic distribution

Investor distribution

Bond comment

26-Nov-18ABN Amro26-Nov-2175040.03mEsenior FRNABN/BBVA/DB/HSBC/SwedNetherlands

Coupon

3mE+40bp

Books(m)

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

26-Nov-18ABN Amro03-Dec-21125035.0msseniorABN/BBVA/DB/HSBC/SwedNetherlands

Coupon

0.25%

Books(m)

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

26-Nov-18RBI04-Dec-2350080.0msseniorBAML/BNPP/CMZ/JP/RBIAustria

Coupon

1%

Books(m)

New Issue Premium

Orders

Ratings

A3/BBB+/BBB

Geographic distribution

Investor distribution

Bond comment

19-Nov-18ING Bank26-Nov-20200025.03mEsenior FRNBNPP/GS/HSBC/ING/JP/SGNetherlands

Coupon

3mE+40bp

Books(m)

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

19-Nov-18ING Bank26-Nov-21100042.03mEsenior FRNBNPP/GS/HSBC/ING/JP/SGNetherlands

Coupon

3mE+42bp

Books(m)

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

19-Nov-18ING Bank26-Nov-21150037.0msseniorBNPP/GS/HSBC/ING/JP/SGNetherlands

Coupon

0.375%

Books(m)

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

15-Nov-18Munich Re26-May-491250240.0mstier twoJP/BNPP/CMZGermany

Coupon

3.25%

Books(m)

New Issue Premium

Orders

Ratings

—/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

13-Nov-18Svenska Handelsbanken 20-Nov-231400$95.0TreasuriesseniorBAML/GS/JP/MSSweden

Coupon

3.9%

Books(m)

New Issue Premium

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

13-Nov-18BNP Paribas20-Nov-30500185.0ms12NC7 tier twoBNPPFrance

Coupon

2.375%

Books(m)

New Issue Premium

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

08-Nov-18ING Groep13-Nov-271500135.0msgreen seniorBAML/CA/CS/ING/SEB/SCNetherlands

Coupon

2.5%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

08-Nov-18ING Groep06-Jan-261250$150.0Treasuriesgreen seniorBCNetherlands

Coupon

4.625%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

08-Nov-18NIBC Bank 15-Nov-23250£205.0GiltsseniorCS/NWNetherlands

Coupon

3.125%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

07-Nov-18Legal & General14-Nov-48400£365.0Gilts30NC10 tier twoBNPP/Lloyds/NW/RBC/Santander/SGUK

Coupon

5.125%

Books(m)

New Issue Premium

Orders

Ratings

A3/A/A+

Geographic distribution

Investor distribution

Bond comment

07-Nov-18Santander UK plc15-Nov-21500$66.03mLsenior FRNBAML/CS/MS/Santander/UBSUK

Coupon

3mL+66bp

Books(m)

New Issue Premium

Orders

Ratings

A2/BBB/A

Geographic distribution

Investor distribution

Bond comment

07-Nov-18Santander UK plc15-Nov-21500$83.0TreasuriesseniorBAML/CS/MS/Santander/UBSUK

Coupon

3.75%

Books(m)

New Issue Premium

Orders

Ratings

A2/BBB/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

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 29,036.25 83 9.38%
2 JPMorgan 26,957.68 80 8.71%
3 Barclays 19,404.68 52 6.27%
4 BNP Paribas 19,264.87 42 6.22%
5 HSBC 19,097.04 63 6.17%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 9,498.80 2 86.56%
2 Swedbank 160.81 1 1.47%
2 Sumitomo Mitsui Financial Group 160.81 1 1.47%
2 SEB 160.81 1 1.47%
2 Nordea 160.81 1 1.47%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 220.22 2 13.96%
1 Bank of America Merrill Lynch 220.22 2 13.96%
1 ABN AMRO Bank 220.22 2 13.96%
4 Barclays 129.04 1 8.18%
5 Morgan Stanley 114.77 1 7.28%