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 9.61
2 Export-Import Bank of Korea (Kexim) 3,570 4 8.58
3 Bank of China Taipei Branch (BOC Taipei) 3,000 1 7.21
4 First Abu Dhabi Bank PJSC 2,650 3 6.37
5 QNB Finance 2,235 3 5.37

Leveraged Finance Deals

IssuerMaturitySize
Kaefer Isoliertechnik GmbH & Co KG 10-Jan-24250
Kongsberg Actuation Systems BV 15-Jul-25275
OTE plc 18-Jul-22400
K+S AG 18-Jul-24600
Fabric BC SpA 30-Nov-24125

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
14-Sep-18ING Groep20-Sep-281500110.0msseniorBC/GS/ING/JP/NatixisNetherlands

Coupon

2%

Books(m)

3000

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18ING Groep20-Sep-23100085.03mEsenior FRNBC/GS/ING/JP/NatixisNetherlands

Coupon

3mE+85bp

Books(m)

4400

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

14-Sep-18ING Groep20-Sep-23100080.0msseniorBC/GS/ING/JP/NatixisNetherlands

Coupon

1%

Books(m)

5200

Orders

Ratings

Baa1/A-/A+

Geographic distribution

Investor distribution

Bond comment

11-Sep-18Swedbank18-Sep-28500128.0ms10NC5 tier twoBC/BNPP/JP/Swedbank/UBSSweden

Coupon

1.5%

Books(m)

1400

Orders

Ratings

Aa2/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19y7d9xnjstvj/swedbank-eur500m-15-sep-28-tier-two

11-Sep-18Société Générale18-Sep-22200030.0msnon-preferred seniorSGFrance

Coupon

0.25%

Books(m)

3000

Orders

Ratings

A1/A/A+

Geographic distribution

Investor distribution

Bond comment

11-Sep-18Sydbank18-Sep-23500115.0msnon-preferred seniorBNPP/Danske/JP/LBBW/NykreditDenmark

Coupon

1.375%

Books(m)

950

Orders

Ratings

Baa1/—/—

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19y7dnhx9sqqq/sydbank-eur500m-1375-sep-23-nonpreferred-senior

10-Sep-18Bankia5006.4%PNC5 AT1Bankia/BC/CA/DB/UBSSpain

Coupon

6.375%

Books(m)

2800

Orders

Ratings

—/BBB/BBB-

Geographic distribution

UK/Ireland 57% France 10% Germany/Austria 9% Switzerland 8% Italy 5% Benelux 3% Other EU 3% Other non-EU 5%

Investor distribution

Asset managers 77% Hedge funds 12% Insurance/pension funds 5% Banks/private banks 5% Others 1%

Bond comment

https://www.globalcapital.com/article/b19y7cx2865b0z/bankia-eur500m-6375-pnc5-at1

05-Sep-18MuHyp12-Sep-2525040.0msseniorBayernLB/Deka/DZGermany

Coupon

0.875%

Books(m)

Orders

Ratings

A2/—/—

Geographic distribution

Investor distribution

Bond comment

04-Sep-18Rabobank10004.6%PNC Dec 2025 AT1CS/GS/JP/MS/RaboNetherlands

Coupon

4.625%

Books(m)

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

https://www.globalcapital.com/article/b19v2npydy0sx7/rabobank-eur1bn-4625-

04-Sep-18Alandsbanken13-Sep-2125055.0msseniorDZ/Swedbank/UniCreditFinland

Coupon

0.5%

Books(m)

Orders

Ratings

0.5%

Geographic distribution

Investor distribution

Bond comment

31-Aug-18Mapfre07-Sep-48500330.0mstier twoBankia/BC/Citi/CASpain

Coupon

4.125%

Books(m)

Orders

Ratings

—/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

29-Aug-18CIBC23-Mar-2335035.0msseniorBNPP/CIBC/DB/HSBCCanada

Coupon

0.75%

Books(m)

375

Orders

Ratings

Aa2/A+/AA-

Geographic distribution

Investor distribution

Bond comment

29-Aug-18Banco de Sabadell07-Mar-24750130.0msseniorSabadell/CA/CS/DB/JPSpain

Coupon

1.625%

Books(m)

1000

Orders

Ratings

Baa2/BBB/—

Geographic distribution

Investor distribution

Bond comment

28-Aug-18Royal Bank of Scotland Group04-Mar-25750130.0msseniorJP/NW/Nomura/SG/UniCreditUK

Coupon

2%

Books(m)

1200

Orders

Ratings

Baa2/BBB-/BBB+

Geographic distribution

Investor distribution

Bond comment

28-Aug-18Svenska Handelsbanken05-Mar-29750127.0ms10.5NC5.5 tier twoHSBC/JP/MS/SvenskaSweden

Coupon

1.625%

Books(m)

1400

Orders

Ratings

Aa2/AA-/AA

Geographic distribution

Investor distribution

Bond comment

28-Aug-18HSBC France04-Sep-21175025.0msseniorHSBCFrance

Coupon

0.2%

Books(m)

2700

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

28-Aug-18HSBC France04-Sep-2875055.0msseniorHSBCFrance

Coupon

1.375%

Books(m)

1800

Orders

Ratings

Aa3/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

24-Aug-18Barclays03-Sep-23750130.0msseniorBCUK

Coupon

1.5

Books(m)

1000

Orders

Ratings

Ba3/BBB/A

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Belfius30-Aug-2350040.0msseniorBAML/Belfius/BNPP/CMZ/LloydsBelgium

Coupon

0.625%

Books(m)

825

Orders

Ratings

A2/A-/A-

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Deutsche Bank30-Aug-23100090.0msseniorDBGermany

Coupon

1.125%

Books(m)

Orders

Ratings

A3/BBB+/A-

Geographic distribution

Investor distribution

Bond comment

23-Aug-18Intesa Sanpaolo30-Aug-231000188.0msseniorBanca IMI/DB/JP/SG/UBSItaly

Coupon

2.125%

Books(m)

1700

Orders

Ratings

Baa1/BBB/BBB

Geographic distribution

Investor distribution

Bond comment

22-Aug-18Rabobank29-Aug-23100055.0msnon-preferred seniorBNPP/CS/HSBC/MS/RaboNetherlands

Coupon

0.75%

Books(m)

4700

Orders

Ratings

Aa3/A+/AA-

Geographic distribution

Investor distribution

Bond comment

22-Aug-18Bank of Ireland Group29-Aug-23750115.0msseniorJP/NW/Nomura/UBSIreland

Coupon

1.375%

Books(m)

2000

Orders

Ratings

Baa3/BBB-/BBB

Geographic distribution

Investor distribution

Bond comment

22-Aug-18National Australia Bank30-Aug-2375035.0msseniorBNPP/Citi/NAB/UBSAustralia

Coupon

0.625%

Books(m)

2400

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

22-Aug-18National Australia Bank30-Aug-28125053.0msseniorBNPP/Citi/NAB/UBSAustralia

Coupon

1.375%

Books(m)

1800

Orders

Ratings

Aa3/AA-/—

Geographic distribution

Investor distribution

Bond comment

22-Aug-18OP Corporate Bank30-Aug-2350022.0msseniorBAML/DZ/OPFinland

Coupon

0.375%

Books(m)

800

Orders

Ratings

Aa3/AA-/A-

Geographic distribution

Investor distribution

Bond comment

21-Aug-18Commerzbank28-Aug-23125035.0msseniorBC/BNPP/CMZ/DB/UBSGermany

Coupon

1.5%

Books(m)

2900

Orders

Ratings

A1/A-/A-

Geographic distribution

Investor distribution

Bond comment

21-Aug-18Commerzbank28-Aug-2850065.0msseniorBC/BNPP/CMZ/DB/UBSGermany

Coupon

0.5%

Books(m)

2400

Orders

Ratings

A1/A-/A-

Geographic distribution

Investor distribution

Bond comment

20-Aug-18Swedbank29-Aug-2350018.0msseniorBAML/Citi/GS/HSBC/SwedbankSweden

Coupon

0.4%

Books(m)

2000

Orders

Ratings

Aa2/AA-/AA-

Geographic distribution

Investor distribution

Bond comment

20-Aug-18Berlin Hyp28-Sep-2330013.0msseniorCommerzbank/DZ/LBBWGermany

Coupon

0.375%

Books(m)

375

Orders

Ratings

Aa2/—/A+

Geographic distribution

Investor distribution

Bond comment

25-Jul-18Goldman Sachs01-Nov-281500115.0msseniorGSUS

Coupon

1.5%

Books(m)

Orders

Ratings

A3/BBB+/A

Geographic distribution

Investor distribution

Bond comment

17-Jul-18Sumitomo Mitsui Financial Group23-Jul-2350055.0msseniorSMBC/GS/BC/BNPP/HSBCJapan

Coupon

0.819%

Books(m)

Orders

Ratings

A1/A-/A

Geographic distribution

Investor distribution

Bond comment

17-Jul-18Citigroup24-Jul-261750100.0msseniorCitiUS

Coupon

1.5%

Books(m)

Orders

Ratings

Baa1/BBB+/A

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

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

09-Jul-18Credit Suisse2000$7.5%PNC5 AT1CSSwitzerland

Coupon

7.5%

Books(m)

Orders

Ratings

Baa2/BBB+/A-

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

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 276,777.40 1064 8.14%
2 JPMorgan 266,530.47 1166 7.84%
3 Bank of America Merrill Lynch 250,764.41 839 7.38%
4 Barclays 205,469.94 758 6.05%
5 Goldman Sachs 184,785.44 600 5.44%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 35,188.43 145 6.49%
2 JPMorgan 32,762.25 63 6.04%
3 UniCredit 29,291.42 133 5.40%
4 SG Corporate & Investment Banking 28,951.69 110 5.34%
5 Credit Agricole CIB 26,611.53 134 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,195.88 46 9.03%
2 Goldman Sachs 10,193.27 47 8.22%
3 Citi 9,056.44 50 7.31%
4 Morgan Stanley 6,436.97 42 5.19%
5 UBS 6,389.02 24 5.15%