RMB Deals

Rank Issuer Total Volume Rmb (m) No. of Deals Share % by Volume
1 Qatar National Bank 2,600 2 15.30
2 Hong Kong Mortgage Corp 2,500 1 14.71
3 Bank of China (BOC) 1,800 1 10.59
4 Far East Horizon 1,700 2 10.01
5 Export-Import Bank of Korea (Kexim) 1,500 1 8.83

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
16-Apr-21Tatra Bank23-Apr-2830080.0ms7NC6 green seniorBNPP/LBBW/RBISlovakia

Coupon

0.5%

Books(m)

600

New Issue Premium

Orders

Ratings

Baa1/—/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1rfd9kx3sdjbl/tatra-bank-debuts-green-programme

16-Apr-21Bank of Cyprus Holdings23-Oct-313006.6%10.5NC5.5 tier twoBoA/BNPP/GS/HSBC/JPCyprus

Coupon

6.625%

Books(m)

1100

New Issue Premium

Orders

Ratings

Caa2/CCC/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1rfdldkdc8gwn/bank-of-cyprus-prints-popular-tier-two

15-Apr-21Anima Holding22-Apr-28300175.0msseniorAkros/BNPP/Medio/MPS/UniCItaly

Coupon

1.5%

Books(m)

1100

New Issue Premium

Orders

Ratings

—/—/BBB-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1rdy5lf1drpc9/anima-takes-senior-funding-in-seven-year-sweet-spot

13-Apr-21Berlin Hyp21-Apr-3150035.0mssenior SLBCA/CMZ/DZ/HSBC/LBBWGermany

Coupon

0.375% (25bp step-up)

Books(m)

790

New Issue Premium

Orders

Ratings

Aa2/—/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1rf0ss82grfxw/slb-fever-sweeps-fig-market-after-berlin-hyp-debut

13-Apr-21Rabobank7503.1%PNC Dec 28 AT1BoA/CS/GS/MS/Rabo/UBSNetherlands

Coupon

3.1%

Books(m)

1750

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1rd2k21dbmplg/rabobank-reopens-quiet-euro-at1-mart

13-Apr-21Crédit Agricole20-Apr-28100065.0msbail-in seniorCAFrance

Coupon

0.375%

Books(m)

1900

New Issue Premium

Orders

Ratings

Aa3/A+/A+

Geographic distribution

Investor distribution

Bond comment

12-Apr-21BNP Paribas19-Apr-322250$120.0UST11NC10 bail-in seniorBNPPFrance

Coupon

2.871%

Books(m)

New Issue Premium

Orders

Ratings

Geographic distribution

Investor distribution

Bond comment

08-Apr-21Lansforsakringar Bank15-Apr-2650043.0msseniorDanske/JP/Natixis/Santander/UniCSweden

Coupon

0.05%

Books(m)

New Issue Premium

Orders

Ratings

A1/A/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9vhm0f7bzd9/lf-bank-makes-most-of-quiet-yet-constructive-window

08-Apr-21Athora Netherlands15-Jul-31300260.0mstier twoBC/HSBC/NWMNetherlands

Coupon

2.25%

Books(m)

New Issue Premium

Orders

Ratings

—/—/BB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9vnsnfzl1mb/athora-refis-sub-benchmark-tier-two

07-Apr-21Banco Santander14-Apr-21600£122.0Giltsbail-in seniorLloyds/NWM/Nomura/RBC/SantanderSpain

Coupon

1.5%

Books(m)

875

New Issue Premium

Orders

Ratings

Baa1/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9h2wkvr5wyg/banco-santander-gbp600m-15-apr-26-bailin-senior

07-Apr-21Macquarie Bank15-Dec-25400£90.0GiltsseniorBNPP/HSBC/Macquarie/NWMAustralia

Coupon

1.125%

Books(m)

575

New Issue Premium

Orders

Ratings

A2/A+/A

Geographic distribution

UK and Ireland 61%, Asia 28%, France 5%, Germany, Austria and Switzerland 2%, Nordics 2%, Other 2%

Investor distribution

Fund and asset managers 58%, Central banks and official institutions 28%, Insurance and pension funds 11%, Banks and private banks 3%

Bond comment

https://www.globalcapital.com/article/b1r9h1jt1dfv82/macquarie-bank-gbp400m-1125-dec-26-senior

06-Apr-21BNP Paribas13-Apr-27125070.0ms6NC5 bail-in seniorBNPPFrance

Coupon

0.25%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9xlyzydq7m9/bnp-paribas-eur125bn-025-6nc5-bailin-senior

06-Apr-21Santander CB14-Apr-2150053.0msseniorCiti/MUFG/Nordea/Santander/UniCSpain

Coupon

0.125%

Books(m)

New Issue Premium

Orders

Ratings

A3/—/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9xmqr06rbyt/santander-consumer-bank-eur500m-0125-apr-26-senior

06-Apr-21Mizuho13-Apr-2675052.0msseniorBC/BNPP/HSBC/Mizuho/SGJapan

Coupon

0.184%

Books(m)

New Issue Premium

Orders

Ratings

A1/—/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9xmg7ssdjlc/mizuho-financial-group-eur750m-0184-apr-26-eur750m-0843-apr-33-senior

06-Apr-21Mizuho12-Apr-3375068.0msseniorBC/BNPP/HSBC/Mizuho/SGJapan

Coupon

0.843%

Books(m)

New Issue Premium

Orders

Ratings

A1/—/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r9xmg7ssdjlc/mizuho-financial-group-eur750m-0184-apr-26-eur750m-0843-apr-33-senior

31-Mar-21Axa07-Oct-411000140.0ms20.5NC10.5 green tier twoBNPP/CA/Citi/HSBC/Natixis/SGFrance

Coupon

1.375%

Books(m)

New Issue Premium

Orders

Ratings

A3/BBB+/BBB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r6b5c442mrg8/axa-prints-popular-green-tier-two-debut

29-Mar-21CNP Assurances700$5.9%PNC10 RT1BNPP/Citi/HSBC/Natixis/Nomura/UBSFrance

Coupon

5.875%

Books(m)

2300

New Issue Premium

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r5dth6x1rrw3/cnp-diversifies-into-dollars-with-second-rt1

29-Mar-21BFCM11-May-26150040.0msseniorCMZ/HSBC/JP/NWFrance

Coupon

0.01%

Books(m)

2100

New Issue Premium

Orders

Ratings

Aa3/A/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r6f0fmp6l8s8/investors-flock-to-defensive-bfcm-pref-five-year

25-Mar-21UBS Group18-Dec-23500£63.0GiltsseniorUBSSwitzerland

Coupon

0.625%

Books(m)

750

New Issue Premium

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3r6bh3lkd0p/short-end-shines-in-challenging-sterling-market

25-Mar-21UBS Group31-Mar-31100055.0msseniorUBSSwitzerland

Coupon

0.5%

Books(m)

2000

New Issue Premium

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3svf15jvjb6/fig-market-grows-confident-about-a-stable-april

25-Mar-21UBS Group31-Mar-26150040.0msseniorUBS/Helaba/IMI/Natixis/NordeaSwitzerland

Coupon

0.01%

Books(m)

2600

New Issue Premium

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3svf15jvjb6/fig-market-grows-confident-about-a-stable-april

25-Mar-21BPER Banca31-Mar-27500175.0mssocial seniorCiti/CA/GS/Mediobanca/Natixis/NWMItaly

Coupon

1.375%

Books(m)

1250

New Issue Premium

Orders

Ratings

Ba3/—/BB

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3sg3ghjtd75/bper-banca-debuts-social-framework

25-Mar-21Société Générale30-May-311000160.0ms10.25NC5.25 tier twoSGFrance

Coupon

1.125%

Books(m)

1700

New Issue Premium

Orders

Ratings

A1/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3p8trx995nf/socgen-takes-second-bite-from-capital-plan

24-Mar-21ING Groep01-Apr-27400$101.0Sofr6NC5 bail-in senior FRNBoA/GS/ING/Mizuho/RBCNetherlands

Coupon

Sofr+101bp

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r43ln1r5wvcn/ing-makes-strong-dollar-comeback

24-Mar-21ING Groep01-Apr-271100$92.0UST6NC5 bail-in seniorBoA/GS/ING/Mizuho/RBCNetherlands

Coupon

1.726%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r43ln1r5wvcn/ing-makes-strong-dollar-comeback

24-Mar-21ING Groep01-Apr-32750$112.0UST11NC10 bail-in seniorBoA/GS/ING/Mizuho/RBCNetherlands

Coupon

2.727%

Books(m)

New Issue Premium

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r43ln1r5wvcn/ing-makes-strong-dollar-comeback

24-Mar-21Athene Global Funding30-Nov-28250£140.0GiltsFA-backed seniorBC/CS/DB/RBCUS

Coupon

1.875%

Books(m)

270

New Issue Premium

Orders

Ratings

—/A/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3r6bh3lkd0p/short-end-shines-in-challenging-sterling-market

24-Mar-21Tikehau Capital31-Mar-29500180.0mssustainability seniorBNPP/CA/GS/IMI/RBC/SG/UniCFrance

Coupon

1.625%

Books(m)

750

New Issue Premium

Orders

Ratings

—/—/BBB-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3sg3ghjtd75/bper-banca-debuts-social-framework

24-Mar-21Storebrand Livsforsikring 30-Sep-51300195.0ms30.5NC10.5 green tier twoBNPP/Danske/JPNorway

Coupon

1.875%

Books(m)

1000

New Issue Premium

Orders

Ratings

—/BBB/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r3sg3ghjtd75/bper-banca-debuts-social-framework

23-Mar-21Banco Santander25-Mar-261500$103.0USTbail-in seniorBC/Citi/CS/HSBC/JP/MS/SantanderSpain

Coupon

1.849%

Books(m)

New Issue Premium

Orders

Ratings

A2/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r43ln1r5wvcn/ing-makes-strong-dollar-comeback

23-Mar-21Banco Santander25-Mar-31750$133.0USTbail-in seniorBC/Citi/CS/HSBC/JP/MS/SantanderSpain

Coupon

2.958%

Books(m)

New Issue Premium

Orders

Ratings

A2/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r43ln1r5wvcn/ing-makes-strong-dollar-comeback

18-Mar-21Banco Santander24-Mar-27100085.0ms6NC5 bail-in seniorBNPP/CMZ/DB/Santander/SG/UniCSpain

Coupon

0.5%

Books(m)

1400

New Issue Premium

7

Orders

Ratings

A2/A/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0lmvdktby2b/fig-primary-hit-as-long-end-us-yields-rise-again

18-Mar-21Vienna Insurance Group26-Mar-3650070.0mssustainability seniorBNPP/Ertse/HSBCAustria

Coupon

1%

Books(m)

700

New Issue Premium

Orders

Ratings

—/A+/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0q66rvmbk7x/divisions-emerge-as-euro-fig-market-jolts-back-to-life

17-Mar-21Paragon Banking Group25-Sep-31150£4.4%10.5NC5.5 green tier twoBC/BoA/UBSUK

Coupon

4.375%

Books(m)

180

New Issue Premium

Orders

Ratings

—/BBB/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r04f62zz968x/paragon-of-virtue-green-sub-debt-arrives-in-uk

17-Mar-21HSBC Holdings24-Jul-271000£135.0Giltslong 6NC5 bail-in seniorHSBCUK

Coupon

1.75%

Books(m)

New Issue Premium

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0p8dz730dmx/fig-pair-pay-up-for-sterling-seniors

16-Mar-21Deutsche Bank19-Mar-26800$87.0USTgreen seniorDBGermany

Coupon

1.686%

Books(m)

2100

New Issue Premium

0

Orders

Ratings

A2/BBB+/ BBB+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0p3wcrbs6c2/european-banks-develop-dollar-esg-market

16-Mar-21Standard Chartered23-Mar-24500$88.0UST4NC3 sustainability seniorCiti/GS/ING/JP/NW/SCUK

Coupon

1.21%

Books(m)

3500

New Issue Premium

-1/-2

Orders

Ratings

A2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n5vj14wy2d/standard-chartered-eur1bn-12-105nc55-tier-two-usd500m-121-mar-26-green-senior

16-Mar-21Standard Chartered23-Sep-311000155.0ms10.5NC5.5 tier twoCiti/GS/ING/JP/NW/SCUK

Coupon

1.2%

Books(m)

1700

New Issue Premium

5/10

Orders

Ratings

A2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n5vj14wy2d/standard-chartered-eur1bn-12-105nc55-tier-two-usd500m-121-mar-26-green-senior

16-Mar-21Goldman Sachs07-Dec-27750£107.0GiltsDec 2027 bail-in seniorGSUS

Coupon

1.5%

Books(m)

1250

New Issue Premium

10

Orders

Ratings

A2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

16-Mar-21Goldman Sachs19-Mar-26100065.03mEbail-in senior FRNGSUS

Coupon

FRN

Books(m)

1400

New Issue Premium

Orders

Ratings

A2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

16-Mar-21Goldman Sachs18-Mar-33125090.0msbail-in seniorGSUS

Coupon

1%

Books(m)

2100

New Issue Premium

15

Orders

Ratings

A2/BBB+/A

Geographic distribution

Investor distribution

Bond comment

16-Mar-21BBVA24-Mar-27100052.0ms6NC5 seniorBBVA/BNPP/Medio/Natixis/UBS/UniCSpain

Coupon

0.125%

Books(m)

1500

New Issue Premium

0/2

Orders

Ratings

A3/A-/A-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n4xdbfy5r2/bbva-eur1bn-0125-6nc5-senior

16-Mar-21OP Corporate Bank24-Mar-2650065.0msbail-in seniorBoA/Nomura/OP/SGFinland

Coupon

0.25%

Books(m)

700

New Issue Premium

15

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0q66rvmbk7x/divisions-emerge-as-euro-fig-market-jolts-back-to-life

16-Mar-21OP Corporate Bank24-Mar-3130075.0msbail-in seniorBoA/Nomura/OP/SGFinland

Coupon

0.75%

Books(m)

400

New Issue Premium

15

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0q66rvmbk7x/divisions-emerge-as-euro-fig-market-jolts-back-to-life

16-Mar-21Hypo Noe30-Jun-2650048.0msseniorBNPP/Deka/DZ/Erste/UniCAustria

Coupon

0.125%

Books(m)

700

New Issue Premium

Orders

Ratings

—/A/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0q66rvmbk7x/divisions-emerge-as-euro-fig-market-jolts-back-to-life

15-Mar-21BPCE22-Dec-25450£82.0GiltsseniorBC/HSBC/Natixis/NW/RBCFrance

Coupon

1%

Books(m)

600

New Issue Premium

0

Orders

Ratings

A1/A+/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n3vcvj5kl6/bpce-gbp450m-1-dec-2025-senior

15-Mar-21Bank of America22-Mar-31150075.0ms10NC9 bail-in seniorBoAUS

Coupon

0.694%

Books(m)

3200

New Issue Premium

3/7

Orders

Ratings

A2/A-/A+

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1qz8h5wz4zq0x/fig-senior-market-explodes-following-ecb-meet

15-Mar-21Nordea19-Mar-3150052.0msgreen bail-in seniorCS/HSBC/Natixis/NordeaFinland

Coupon

0.5%

Books(m)

1650

New Issue Premium

2

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n4g5tg5mbq/nordea-eur500m-05-mar-2031-bailin-green

15-Mar-21Barclays plc22-Mar-311000155.0ms10NC5 tier twoBCUK

Coupon

1.125%

Books(m)

4000

New Issue Premium

0/5

Orders

Ratings

Baa2/BBB/A

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1qz8fwj4klfyl/barclays-builds-out-tier-two-stack-with-rare-euro-trip

15-Mar-21Hannover Re30-Jun-42750133.0ms21.25NC11.25 tier twoABN/BC/Cii/HSBC/NatixisGermany

Coupon

1.375%

Books(m)

1700

New Issue Premium

-2

Orders

Ratings

—/AA-/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b1r0n5bn19084h/hannover-r252ck-eur750m-1375-2125nc1125-tier-two

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 $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%