Top story

  • NiQuan hits road but Lat Am looking tough

    NiQuan Energy Trinidad Limited, the owner of a gas-to-liquids plant in Trinidad & Tobago, began meeting bond investors on Tuesday. But another tough week left Latin America bond bankers down on the chances of new issuance before the end of the year.

    • 06 Dec 2018

  • Mexcat bondholders could spurn Amlo’s tender first move

    Mexico’s new government acted swiftly to show that it would at least engage with financial markets this week. But investors' reaction to a tender offer for Mexico City airport bonds suggested it was the beginning of a troublesome relationship.

    • 06 Dec 2018
  • $2tr EM maturity wall looms as markets worsen

    The party looks to be over in emerging market bonds leaving borrowers with one heck of a funding hangover. Years of low rates have prompted a debt splurge from borrowers able to fund at ever lower coupons. But just as dollar rates are on the increase, those credits are racing towards a $2tr maturity wall and the problem of how to refinance it in a market that has presented clear symptoms of risk fatigue this year shows no sign of abating. Lewis McLellan and Francesca Young report.

    • 06 Dec 2018
  • Akbank unveils TL3bn recap as economic clouds gather

    Akbank, one of the largest banks in Turkey, is preparing a TL3bn ($558m) rights issue amid fears of an increase in non-performing loans as the Turkish economy enters a slowdown.

    • 06 Dec 2018
  • First Slovenian green bond hits market

    The first green bond from a Slovenian borrower came to market this week. SID Bank will use the proceeds for green mortgages and financing low carbon aircraft.

    • 06 Dec 2018
  • Mizuho cuts in DCM and syndicate

    Mizuho International, the London securities and investment banking arm of the Japanese banking group, has cut jobs in its capital markets business over the past week, and among those leaving is a senior DCM banker.

    • 06 Dec 2018
  • Petrobras eyes deleveraging but Brazilians heard prepping deals

    Brazilian government-owned oil company Petrobras has said it is looking to deleverage as part of its new five year business plan. But it will still be a regular borrower in capital markets. Furthermore, though some Latin American debt capital markets bankers say their January pipeline is looking bearer than it usually does at this stage of the year, Brazilian public sector issuers could be the one active area of the market.

    • 06 Dec 2018
  • G20 rally short-lived

    US president Donald Trump and Chinese general secretary Xi Jinping's agreement to hold a 90 day truce in their trade war was greeted warmly by emerging markets investors eager for good news. But the rally didn’t last long.

    • 05 Dec 2018
  • EM investors hope for better next year despite shaky outlook

    Investors are turning their attention to 2019, hoping for better returns than 2018 afforded. Despite the US Federal Reserve’s rate hiking ambitions and uncertainty over a US/China trade war, investors are looking forward to next year.

    • 05 Dec 2018
  • Mexcat bondholders look to delay tender take-off

    Questions over covenants and collateral gave a pause a rally in bonds issued by Mexico City Airport Trust (Mexcat) on Tuesday, with one group of bondholders publicly challenging plans to amend the notes' documentation.

    • 05 Dec 2018
  • Turkey needs a bad bank for a good economy

    The Turkish government is mulling plans to print asset backed securities against the country's banks' mortgage stock. Some are calling the idea a “bad bank in disguise”. It isn't, but Turkey will need one.

    • 04 Dec 2018


The GlobalCapital View logo   Comment




  • Turkey needs a bad bank for a good economy

    The Turkish government is mulling plans to print asset backed securities against the country's banks' mortgage stock. Some are calling the idea a “bad bank in disguise”. It isn't, but Turkey will need one.

    • 04 Dec 2018

more comment

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 51,054.18 243 9.25%
2 HSBC 45,413.95 319 8.23%
3 JPMorgan 35,897.42 180 6.50%
4 Standard Chartered Bank 32,666.64 230 5.92%
5 Deutsche Bank 26,572.36 107 4.81%

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 51,054.18 243 9.25%
2 HSBC 45,413.95 319 8.23%
3 JPMorgan 35,897.42 180 6.50%
4 Standard Chartered Bank 32,666.64 230 5.92%
5 Deutsche Bank 26,572.36 107 4.81%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 13,465.23 42 17.20%
2 JPMorgan 8,653.71 36 11.05%
3 HSBC 8,624.00 21 11.02%
4 Deutsche Bank 6,487.13 9 8.29%
5 Bank of America Merrill Lynch 4,602.16 22 5.88%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,532.59 68 11.80%
2 Standard Chartered Bank 16,852.57 68 9.69%
3 JPMorgan 15,393.82 66 8.85%
4 Deutsche Bank 13,178.93 35 7.58%
5 HSBC 12,764.69 58 7.34%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 4,828.44 30 12.94%
2 ING 3,270.62 26 8.76%
3 Credit Agricole CIB 2,380.34 10 6.38%
4 SG Corporate & Investment Banking 2,174.84 16 5.83%
5 MUFG 2,061.27 11 5.52%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 6,262.97 112 22.69%
2 HDFC Bank 3,031.20 67 10.98%
3 Trust Investment Advisors 2,793.32 96 10.12%
4 AK Capital Services Ltd 1,915.50 83 6.94%
5 ICICI Bank 1,863.14 64 6.75%