Top story
-
İşbank secures $1.03bn refi
Türkiye İş Bankası has closed its first semi-annual refi for this year, as the refinancing season for Turkish banks comes to an end.
-
Ultrapar to boost Brazil supply after Suzano tap
Holding company Ultrapar, one of the five largest conglomerates in Brazil, will meet bond investors after the long weekend in the US as it looks to test Lat Am high yield appetite.
-
Colombian Gran Tierra offers pick-up on new eight year
Gran Tierra Energy, the Canada-listed oil and gas company that mostly operates in Colombia, ventured into bond markets for the second time this week to sell $300m of debt at a pick-up to its existing notes.
-
Guatemala demonstrates supportive technicals on tough Lat Am day
Guatemala battled difficult market conditions on Thursday to issue its first 30 year bond since 2004 as part of a dual-tranche issue as investors continue to seek long-dated paper.
-
Tight Televisa could pave way for more Mexicans
Latin America bond bankers hope that more Mexican companies will look to sell new debt after Televisa clinched a tight price for its 30 year bond this week to wake up the country’s dormant primary market.
-
Novolipetsk Steel $500m 4.7% May 2026
-
Standard Bank $400m 5.95% May 2029
-
Allegro Z2bn deal closes as 'lessons learned' in local market
Poland e-commerce platform Allegro has completed its Z2bn dividend recap refinancing, receiving healthy oversubscription with the participation of local lenders. But some in the market said that co-operation between international and local lenders in Poland has not been all sunshine and rainbows.
-
Lenders not fit for fintech, LMA survey finds
Bankers have come under increasing pressure to integrate financial technology into their syndicated lending businesses. But they are ill equipped to deal with the work of integrating new systems, according to a survey conducted by the Loan Market Association (LMA).
-
Standard Bank draws book over $2bn for T2
Standard Bank printed a $400m 10 year non-call five tier two bond on Wednesday from a book of more than $2bn in a deal that even rival syndicate bankers called a roaring success.
-
NLMK prints with tightest ever spread to sovereign
Novolipetsk Steel (NLMK) placed a $500m seven year bond on Wednesday inside its own curve and at its tightest ever spread to the Russian sovereign, according to a lead manager on the deal.
Go to GlobalCapital's Emerging Markets data pages for the latest information on priced deals, league tables and our proprietary database of Islamic Finance deals.
People & Markets
Asia
CEE
Middle East
Africa
Latin America
Comment
-
EM borrowers should nurture loans, not abandon them
Loan bankers are coming to the painful realisation that emerging markets borrowers will be increasingly drawn to the bond market this year. Conditions there are becoming ever more attractive, perpetuating a decline in global loan volumes. But those companies abandoning loans for bonds should bear in mind the advantages of the loans market, not least its resilience.
Bookrunners of International Emerging Market DCM
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 22,359.08 | 123 | 7.61% |
| 2 | JPMorgan | 21,917.68 | 109 | 7.46% |
| 3 | HSBC | 21,403.26 | 169 | 7.29% |
| 4 | Standard Chartered Bank | 17,273.41 | 119 | 5.88% |
| 5 | Deutsche Bank | 12,010.87 | 66 | 4.09% |
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trial
Latest Issue
Read the magazine on your mobile device
Bank Profiles
Latest news by market and league table performance
Bookrunners of International Emerging Market DCM
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 22,359.08 | 123 | 7.61% |
| 2 | JPMorgan | 21,917.68 | 109 | 7.46% |
| 3 | HSBC | 21,403.26 | 169 | 7.29% |
| 4 | Standard Chartered Bank | 17,273.41 | 119 | 5.88% |
| 5 | Deutsche Bank | 12,010.87 | 66 | 4.09% |
Bookrunners of LatAm Emerging Market DCM
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 4,325.33 | 16 | 11.99% |
| 2 | Bank of America Merrill Lynch | 4,224.27 | 16 | 11.71% |
| 3 | JPMorgan | 3,818.54 | 15 | 10.59% |
| 4 | Morgan Stanley | 2,844.36 | 8 | 7.89% |
| 5 | Santander | 2,639.35 | 13 | 7.32% |
Bookrunners of CEEMEA International Bonds
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 12,528.53 | 43 | 12.52% |
| 2 | Citi | 10,614.23 | 37 | 10.61% |
| 3 | Standard Chartered Bank | 9,665.29 | 37 | 9.66% |
| 4 | HSBC | 6,899.03 | 31 | 6.90% |
| 5 | Deutsche Bank | 5,013.13 | 10 | 5.01% |
EMEA M&A Revenue
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 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 % |
|---|---|---|---|---|
| 1 | Citi | 857.45 | 5 | 12.87% |
| 2 | MUFG | 848.66 | 4 | 12.74% |
| 3 | Industrial & Commercial Bank of China - ICBC | 742.79 | 3 | 11.15% |
| 4 | JPMorgan | 369.88 | 4 | 5.55% |
| 5 | SG Corporate & Investment Banking | 293.72 | 4 | 4.41% |
Bookrunners of India DCM
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Standard Chartered Bank | 1,783.30 | 14 | 17.16% |
| 2 | HSBC | 1,191.32 | 13 | 11.46% |
| 3 | JPMorgan | 1,015.66 | 11 | 9.77% |
| 4 | Citi | 941.15 | 11 | 9.06% |
| 5 | Barclays | 802.96 | 10 | 7.73% |
