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  • Turkish buybacks may not be big, but they are important

    Amid the chaos in Turkey, bankers are pitching bond buyback oppportunities to the country's beleaguered banks. Many argue that those that are in a comfortable enough position to take them up should be looked upon favourably by investors. The problem is, those investors might not even notice.

    • 02:15 PM

  • Market unconvinced by Venezuela’s economic adjustment

    Venezuela has adopted a radical approach in its attempt to rein in its out-of-control economy, effectively devaluing its currency by almost 96% and pegging the value to Venezuela’s oil-backed pseudo-cryptocurrency — widely considered a scam.

    • 01:00 PM
  • Angola rallies 40bp on IMF chat

    The Republic of Angola has rallied 40bp after saying on Monday that it has sought financial support from the International Monetary Fund.

    • 12:15 PM
  • Transnet beseeches banks not to accelerate loan repayments

    South Africa’s Transnet is relying on the goodwill of its bank lending groups after an extraordinary auditing process at the infrastructure company triggered a document clause allowing creditors to accelerate loan payment.

    • 11:30 AM
  • Turkey slapped with double downgrade

    Two ratings agencies lowered Turkey’s credit rating on Friday evening, but the beleaguered nation’s asset prices have largely shrugged off the news, despite predictions of a recession.

    • 20 Aug 2018
  • Fitch strikes down Ecuador on financing worries

    Fitch Ratings has downgraded Ecuador from B to B- on the back of its rapidly rising debt burden, even though the country finally has a finance minister popular with bond investors.

    • 20 Aug 2018
  • MTN Nigeria stays local for loan

    Telecoms company MTN Nigeria has signed a Nr200bn ($554m) seven year loan from local and international banks, as lenders remain in talks with other borrowers for hard currency transactions from the country.

    • 20 Aug 2018
  • SA firm Sabvest gets liquidity boost after share sale

    Sabvest, the South African investment holding company, has substantially boosted its liquidity after two investment vehicles sold out of the stock.

    • 17 Aug 2018
  • It’s a nexus, not a doom loop

    The sovereign credit crisis spurred lawmakers to undertake a number of major initiatives designed to sever the ‘doom loop’ — the link between sovereign and bank credit risk. Recent events in Italy and Turkey show the limits of these policies, but not their impotence.

    • 16 Aug 2018
  • Lat Am September plans left in doubt

    The drought in Latin American new issuance stretched to six weeks by Thursday, but DCM bankers are now more concerned by prospects for September after contagion from Turkey hit Lat Am assets this week.

    • 16 Aug 2018
  • PDVSA 2020s recover as market digests court ruling

    Venezuelan state oil company PDVSA saw its 8.5% 2020s drift back upwards this week after taking a hit on the back of a US court ruling that caused some concern about bondholders’ ability to claim their collateral.

    • 16 Aug 2018


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  • Turkish buybacks may not be big, but they are important

    Amid the chaos in Turkey, bankers are pitching bond buyback oppportunities to the country's beleaguered banks. Many argue that those that are in a comfortable enough position to take them up should be looked upon favourably by investors. The problem is, those investors might not even notice.

    • 02:15 PM

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 37,598.23 170 9.44%
2 HSBC 34,028.88 217 8.55%
3 JPMorgan 26,223.43 127 6.59%
4 Standard Chartered Bank 24,311.57 151 6.11%
5 Deutsche Bank 21,898.85 77 5.50%

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 37,598.23 170 9.44%
2 HSBC 34,028.88 217 8.55%
3 JPMorgan 26,223.43 127 6.59%
4 Standard Chartered Bank 24,311.57 151 6.11%
5 Deutsche Bank 21,898.85 77 5.50%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 11,343.89 36 17.74%
2 HSBC 7,749.23 19 12.12%
3 JPMorgan 6,116.80 30 9.57%
4 Deutsche Bank 5,950.19 7 9.31%
5 Bank of America Merrill Lynch 4,165.66 17 6.51%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 14,691.58 46 11.05%
2 Standard Chartered Bank 13,765.00 47 10.35%
3 JPMorgan 11,619.88 47 8.74%
4 Deutsche Bank 11,156.18 26 8.39%
5 HSBC 9,244.84 41 6.95%

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 4,103.45 23 14.66%
2 ING 2,532.09 20 9.04%
3 Credit Agricole CIB 2,151.31 8 7.68%
4 MUFG 1,818.52 8 6.50%
5 Credit Suisse 1,802.80 1 6.44%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 5,129.62 95 22.25%
2 HDFC Bank 2,824.94 59 12.25%
3 Trust Investment Advisors 2,596.16 83 11.26%
4 ICICI Bank 1,758.86 60 7.63%
5 AK Capital Services Ltd 1,501.06 69 6.51%