RMB Deals

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Daimler International Finance 1,000 1 28.65
1 Fantasia Holdings Group Co 1,000 1 28.65
3 QNB Finance 500 1 14.33
4 Far East Horizon 440 1 12.61
5 Emirates NBD 400 1 11.46

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
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

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

19-Mar-19BBVA10006.0%PNC5 AT1BBVA/BNPP/CA/Citi/DB/HSBCSpain

Coupon

6%

Books(m)

3200

New Issue Premium

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlts6pwwxshz/bbva-plans-ahead-in-at1

19-Mar-19Bawag26-Mar-29400230.0ms10NC5 tier twoCiti/GS/MS/UBSAustria

Coupon

2.375%

Books(m)

New Issue Premium

Orders

Ratings

Baa2

Geographic distribution

Investor distribution

Bond comment

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

18-Mar-19Société Générale22-Mar-291250120.0msseniorSGFrance

Coupon

1.75%

Books(m)

2650

New Issue Premium

Orders

Ratings

Baa2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

18-Mar-19Bankia25-Mar-2450085.0msseniorBAML/Bankia/BBVA/NatixisSpain

Coupon

0.875%

Books(m)

6000

New Issue Premium

Orders

Ratings

Baa3/BBB+/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlct29y7w8n1/bankia-blows-out-as-credit-markets-march-on

18-Mar-19SpareBank 1 SR-Bank25-Mar-2475055.0msseniorBC/CS/HSBC/JPNorway

Coupon

0.625%

Books(m)

1650

New Issue Premium

Orders

Ratings

A1/—/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dlct29y7w8n1/bankia-blows-out-as-credit-markets-march-on

14-Mar-19Swiss Re30-Apr-50750185.0ms31NC11 tier twoBNPP/DB/HSBC/NW/UBSSwitzerland

Coupon

2.534%

Books(m)

3400

New Issue Premium

Orders

Ratings

Aa3/AA-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1djm544nstydf/rare-swiss-re-tier-two-sells-itself-in-red-hot-market

12-Mar-19UniCredit10007.5%PNC Jun 26 AT1CA/CS/DB/GS/ING/UniCItaly

Coupon

7.5%

Books(m)

5000

New Issue Premium

Orders

Ratings

Baa1/BBB/BBB

Geographic distribution

UK 65% Italy 9% France 6% US offshore 4% Other 16%

Investor distribution

Funds 90% Banks/private banks 7% Insurance companies 3%

Bond comment

https://www.globalcapital.com/article/b1dhqg2ffbzccv/brexit-boost-gives-unicredit-a-window-for-opportunistic-at1

12-Mar-19Danske Bank15-Mar-24500165.0msgreen non-preferred seniorABN/BNPP/CA/Danske/INGDenmark

Coupon

1.625%

Books(m)

3250

New Issue Premium

Orders

Ratings

Baa2/BBB+/A

Geographic distribution

France 21% Germany/Austria 18% Nordics 16% UK/Ireland 12% Switzerland 10% Spain 8% Benelux 6% Italy 3% Other 6%

Investor distribution

Asset managers 58% Banks 21% Official institutions 13% Insurers/pension funds 6% Corporates 2%

Bond comment

https://www.globalcapital.com/article/b1dhr94spsjnv9/danske-finds-benefits-in-going-green-despite-money-laundering-scandal

06-Mar-19Deutsche Pfandbriefbank07-Feb-2325072.0mssenior tapBayern/BAML/Erste/GS/UBSBelgium

Coupon

0.75%

Books(m)

300

New Issue Premium

Orders

Ratings

—/A-/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1df2n0lf0p040/deutsche-pbb-doubles-back-around-for-tighter-senior-print

06-Mar-19BFCM15-Mar-291000118.0msnon-preferred seniorCS/DB/GS/SGFrance

Coupon

1.75%

Books(m)

3250

New Issue Premium

Orders

Ratings

Aa3/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1df2pvzzhf333/bfcm-goes-long-on-non-pref-senior-debut

06-Mar-19ASB Finance13-Mar-2450070.0msseniorBC/BNPPNew Zealand

Coupon

0.75%

Books(m)

700

New Issue Premium

Orders

Ratings

A1/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1df2n0lf0p040/deutsche-pbb-doubles-back-around-for-tighter-senior-print

05-Mar-19Erste Bank5005.1%PNC6.6 AT1BC/BAML/Erste/GS/UBSAustria

Coupon

5.125%

Books(m)

1600

New Issue Premium

Orders

Ratings

A2/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1ddn9ftps2gxc/erste-follows-through-with-long-delayed-plans-for-at1

04-Mar-19Crédit Mutuel Arkéa11-Mar-31750255.0mstier twoCA/CMA/DZ/Santander/UniCreditFrance

Coupon

3.375%

Books(m)

1800

New Issue Premium

Orders

Ratings

Aa3/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dd6fdnw2x8nk/cm-ark233a-looks-to-boost-debt-ratings-with-new-tier-two

01-Mar-19Banco BPM08-Mar-22750205.0msseniorAkros/IMI/BC/CA/CS/SGItaly

Coupon

2%

Books(m)

1300

New Issue Premium

Orders

Ratings

Ba2

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dj5m15wdg5mn/intesa-hits-resilient-yen-market-for-new-pro-bond

28-Feb-19JP Morgan11-Mar-27200070.0ms8NC7 seniorJPUS

Coupon

1.09%

Books(m)

6500

New Issue Premium

Orders

Ratings

A2/A-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dbk3hqyn7gdq/banks-chase-debt-rally-with-big-deal-pricing-revisions

27-Feb-19Bankinter05-Mar-2450075.0msseniorBankinter/BC/BBVA/NatixisSpain

Coupon

2.5%

Books(m)

2400

New Issue Premium

Orders

Ratings

Baa2/BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dbkrfknymz8c/bankinter-eur500m-0875-mar-24

26-Feb-19KBC Group5004.8%PNC5 AT1BAML/BNPP/CS/GS/JP/KBCBelgium

Coupon

4.75%

Books(m)

200

New Issue Premium

Orders

Ratings

Baa1/A-/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dbkrfknymz8c/bankinter-eur500m-0875-mar-24

25-Feb-19UBI Banca04-Mar-295005.9%10NC5 tier twoCiti/GS/HSBC/JP/UBS/UBIItaly

Coupon

5.875%

Books(m)

680

New Issue Premium

Orders

Ratings

Baa3/BBB-/BBB-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1dbks5zh8xww4/ubi-banca-eur500m-5875-10nc5-tier-two

25-Feb-19Commerzbank04-Mar-26125073.0msseniorBBVA/CMZ/CA/HSBC/INGGermany

Coupon

1%

Books(m)

2200

New Issue Premium

Orders

Ratings

A1/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d92t6xdkf85v/cr233d-ag-blows-out-in-hot-fig-market-with-6bn-demand-for-10yr-mrel-bond

25-Feb-19Crédit Agricole05-Mar-291500120.0msnon-preferred seniorCAFrance

Coupon

1.75%

Books(m)

5500

New Issue Premium

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d92t6xdkf85v/cr233d-ag-blows-out-in-hot-fig-market-with-6bn-demand-for-10yr-mrel-bond

22-Feb-19Danske Bank24-May-221250155.0msnon-preferred seniorCS/Danske/HSBC/Santander/SGDenmark

Coupon

1.375%

Books(m)

3250

New Issue Premium

Orders

Ratings

A2/A/AA

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d7sdcht9fsn5/scandal-stricken-danske-tops-up-mrel-in-booming-market

22-Feb-19Citi29-Jan-22100058.0msgreen seniorCitiUS

Coupon

0.5%

Books(m)

3250

New Issue Premium

Orders

Ratings

Baa1/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1ctgp1wkfnb86/citi-finds-reception-for-first-green-bond

21-Feb-19BNP Paribas28-Aug-24750100.0msgreen non-preferred seniorBNPPFrance

Coupon

1.125%

Books(m)

3600

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d7bmjfxpqt24/bnpp-comes-through-conventional-curve-with-new-green-bond

20-Feb-19Rabobank27-Feb-24125055.0msnon-preferred seniorGS/HSBC/JP/RaboNetherlands

Coupon

0.625%

Books(m)

3400

New Issue Premium

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d7frvchzxwd7/rabobank-eur125bn-0625-feb-24-nonpreferred

20-Feb-19BBVA28-Feb-241000107.0msnon-preferred seniorBC/BBVA/CS/MS/Natixis/SGSpain

Coupon

1.125%

Books(m)

3400

New Issue Premium

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1d7fr1fjdh6rl/bbva-eur1bn-1125-feb-24-nonpreferred

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 132,387.73 545 8.30%
2 Citi 123,981.47 487 7.78%
3 Bank of America Merrill Lynch 105,093.26 413 6.59%
4 Barclays 99,545.40 383 6.24%
5 HSBC 81,053.20 424 5.08%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 11,525.35 30 7.25%
2 BNP Paribas 8,422.96 46 5.30%
3 UniCredit 8,389.55 43 5.28%
4 Deutsche Bank 8,298.69 30 5.22%
5 Commerzbank Group 7,837.68 40 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 4,425.28 19 11.23%
2 Goldman Sachs 4,006.06 15 10.16%
3 Citi 3,527.84 22 8.95%
4 JPMorgan 2,809.08 19 7.13%
5 UBS 2,241.39 12 5.69%