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  • BancoEstado half way through funding after HK debut

    Chilean state owned lender BancoEstado raised $200m-equivalent of debt in Asian markets this week to reach the half way mark of its $1.6bn medium-term funding needs for the year.

    • 17 May 2018
  • Don't feign surprise when you miss the obvious

    Sometimes, investors get hit by political events that come out of nowhere. Other times, they walk straight into an oncoming freight train, even though it's blowing its horn at top volume.

    • 17 May 2018
  • Unlucky South Africa hits UST sell-off during $2bn bond return

    South Africa raised $2bn in a difficult market on Tuesday, after US Treasuries widened unexpectedly at just the moment that the sovereign began marketing its new deal. The resulting sell-off in both South Africa’s curve and the rand meant that the issuer was not able to tighten pricing as much as had been anticipated, and the deal was smaller.

    • 17 May 2018
  • Visible hand of Erdoğan stirs Turkish debt chaos

    Turkish president Recep Tayyip Erdoğan sent the country’s sovereign bond yields flying this week as he vowed to take more responsibility for monetary policy if he wins next month’s elections. His comments prompted another sharp dive in the value of the Turkish lira — felt strongly by the country’s dollar debt issuers — as investors feared that even if the central bank does hike rates to defend the currency, the measure could be soon reversed. Francesca Young and Mike Turner report.

    • 17 May 2018
  • Elkhoury bolsters SG's Dubai presence

    Jeffrey Elkhoury, a CEEMEA DCM banker, has moved to Dubai to as part of Société Générale’s plan to grow in the Middle East.

    • 17 May 2018
  • CBQ goes public as QNB returns to Asia

    Two Qatari banks raised new debt in different formats on Thursday, proving that Qatari banks have a multitude of funding options available to them.

    • 17 May 2018
  • Morocco reaps a €200m agri loan

    Morocco has landed a €200m loan from the African Development Bank that will go towards the country’s agriculture industry, a sector that Standard & Poor’s recently said was part of the reason the sovereign’s credit rating remains “constrained”.

    • 17 May 2018
  • Isbank prices in line amid crumbling Turkish metrics

    Turkey’s Isbank has signed a $1.48bn-equivalent syndicated loan in line with the existing pricing benchmark for its compatriot peers, again showing that rating downgrades have little effect on loan borrowing rates for the country’s banking sector.

    • 17 May 2018
  • Pemex euro trip brings life to Lat Am primary

    Mexican state owned oil company Pemex (Petróleos Mexicanos) raised €3.15bn ($3.722bn) across four tranches on Wednesday to provide some relief to a bruised and battered Lat Am bond market.

    • 17 May 2018
  • Pemex shines amid Lat Am gloom but copycats unlikely

    Pemex’s annual European outing on Wednesday came as a pleasant surprise to many Lat Am bond bankers, showing Lat Am issuers still have significant pulling power. But the euro market is unlikely to pull more borrowers from the region, even as dollar funding costs rocket.

    • 17 May 2018


The GlobalCapital View logo   Comment




  • Don't feign surprise when you miss the obvious

    Sometimes, investors get hit by political events that come out of nowhere. Other times, they walk straight into an oncoming freight train, even though it's blowing its horn at top volume.

    • 17 May 2018

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,823.43 135 10.11%
2 HSBC 28,197.09 159 8.68%
3 Deutsche Bank 20,825.06 67 6.41%
4 JPMorgan 20,809.97 99 6.41%
5 Standard Chartered Bank 20,205.31 119 6.22%

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,823.43 135 10.11%
2 HSBC 28,197.09 159 8.68%
3 Deutsche Bank 20,825.06 67 6.41%
4 JPMorgan 20,809.97 99 6.41%
5 Standard Chartered Bank 20,205.31 119 6.22%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 10,818.85 32 18.09%
2 HSBC 7,273.68 16 12.16%
3 Deutsche Bank 5,824.56 6 9.74%
4 JPMorgan 5,513.13 24 9.22%
5 Bank of America Merrill Lynch 3,930.95 15 6.57%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 12,976.07 40 10.95%
2 Standard Chartered Bank 12,032.10 39 10.15%
3 Deutsche Bank 10,517.97 22 8.87%
4 JPMorgan 9,819.86 38 8.28%
5 HSBC 8,377.16 35 7.07%

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 1,578.78 7 15.83%
2 Intesa Sanpaolo SpA 1,287.73 4 12.91%
3 Mitsubishi UFJ Financial Group 895.24 4 8.98%
4 Deutsche Bank 732.69 6 7.35%
5 Commerzbank Group 534.14 5 5.36%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 4,462.75 70 25.45%
2 Trust Investment Advisors 2,016.80 52 11.50%
3 HDFC Bank 1,956.91 32 11.16%
4 ICICI Bank 1,242.43 43 7.08%
5 Yes Bank Ltd 1,067.50 11 6.09%