• SIX faces deadline day in political power play

    The European Commission is set to announce on Wednesday whether it will extend the “equivalence” status granted to Swiss stock exchange SIX, which ends at the end of the month. The exercise is mostly political, as Brussels is using it to pressure the Swiss government into signing a general diplomatic agreement.

    17 Jun 2019
  • Scarcity sees Peru clinch record yield but low tender take-up

    Peru’s return to dollar bond markets after four years on Thursday saw it clinch its lowest ever yield and price flat to or even inside its better rated neighbour Chile. Yet so sought after is Peru’s hard currency paper that the government is having a tough time persuading bondholders to let go.

    17 Jun 2019
  • Four banks jump into MREL products on a manic Monday

    Financial institutions showed on Monday that there is still plenty of demand for non-preferred senior bonds, with BPCE, Crédit Agricole, Credit Suisse and KBC Group launching deals for the minimum requirement for own funds and eligible liabilities (MREL). All four lenders came close to fair value for their offerings.

    17 Jun 2019
  • Eppf hails revolution in European private debt with smart n-bond launch

    Dutch agency BNG via DZ Bank has placed the first ‘smart n-bond’, a Namensschuldverschreibung (NSV) issued through the digital platform, European private placement facility (eppf). Participants hailed this transaction as a step towards a functioning pan-European private placement market.

    • 05:30 PM
  • ING cuts in loans and emerging markets

    Five senior members of ING's emerging markets and loans teams in London have left the bank, according to sources close to the matter, as part of the bank's broader restructuring of its debt capital markets and advisory operations.

    • 10:45 AM

COPPLESTONE'S CARTOON

 

1609

PEOPLE & MARKETS


COMMENT & COLUMNS

THE GLOBALCAPITAL VIEW

  • Hong Kong exchange: the race is still on

    As the first half of 2019 rapidly approaches, the Hong Kong Stock Exchange appears to have lost a lot of ground to its rival bourses in the US. But the market is more resilient than one might think.

    • 13 Jun 2019
  • Why are Woodford and LCF fine for retail, but bank bonds not?

    The suspension of the Woodford Equity Income Fund and the collapse of London Capital & Finance show how retail investors lack regulatory protection. This is strange, when a source of safer returns — bonds issued by large banks — is often deemed too complex and risky for the ordinary person to invest in.

    • 11 Jun 2019

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SOUTHPAW

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LEADERS

  • Bragging rights available: first ESG-linked bond

    Bond-market alpha types may find it galling when the fusty old loan market can teach them an innovative new structure. And yet, that may be about to happen.

    • 13 Jun 2019
  • UK-China Stock Connect alive at last

    Chinese brokerage Huatai Securities this week will become the first company to list shares in London via the London-Shanghai Stock Connect programme. The deal, which is oversubscribed, is a landmark transaction and an important step for the internationalisation of China's capital markets.

    • 13 Jun 2019

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GlobalCapital Bond Comments

View detailed issuer and bookrunner commentary and market appraisal for the key deals in the market. Choose from SSA, FIG, Corporates and Emerging Market deals.


ASSET CLASS NEWS

SSA

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FIG

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SECURITIZATION

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CORPORATE BONDS

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EQUITY

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SYNDICATED LOANS

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LEVFIN

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DERIVATIVES

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 187,839.72 828 8.20%
2 Citi 177,811.20 723 7.76%
3 Bank of America Merrill Lynch 146,015.32 604 6.37%
4 Barclays 141,376.85 560 6.17%
5 HSBC 117,136.47 604 5.11%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 17,156.20 81 7.00%
2 Credit Agricole CIB 14,626.10 73 5.97%
3 Bank of America Merrill Lynch 13,982.20 42 5.71%
4 UniCredit 11,996.19 65 4.90%
5 SG Corporate & Investment Banking 11,443.33 58 4.67%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 6,404.49 28 10.72%
2 Goldman Sachs 5,586.94 27 9.35%
3 JPMorgan 5,185.69 33 8.68%
4 UBS 4,134.32 20 6.92%
5 Citi 4,039.74 28 6.76%