• GlobalCapital Bond Awards Poll — vote now!

    We are excited to announce that the GlobalCapital Bond Awards Poll is now open.

    • 20 Feb 2018
  • Argentine bank seeks to increase bond shelf

    Banco Supervielle, the Argentine lender, is looking to increase the size of its existing bond shelf from $800m to $2.3bn, according to a regulatory filing.

    • 20 Feb 2018
  • Peru stock exchange plots green bond initiative

    The UK Embassy in Peru and Bolsa de Valores de Lima (BVL), the Lima Stock Exchange, have launched plans for what would be the first green bond market in South America, following a similar initiative in Mexico.

    • 20 Feb 2018
  • Pemex buying back $1.8bn in tender

    Mexican state-owned giant Pemex will buy back $1.8bn of old bonds in the second leg of a liability management exercise funded by its recent bond issue.

    • 19 Feb 2018
  • LatAm takes break but DCM bankers sanguine

    New issue markets in Latin America took a pause this week, but DCM bankers covering the region were not overly concerned as recent deals issued amid the volatility began to gain ground.

    • 15 Feb 2018
  • Volatility takes toll on Lat Am LM efforts

    Two Latin American companies on the path to recovery from precarious situations have found themselves somewhat stuck in their liability management efforts because of tougher conditions in new issue markets.

    • 15 Feb 2018
  • Fitch sees Mexico downside risks despite improvement

    As investors turn their eyes to Mexico’s forthcoming presidential elections, Fitch said the country’s economic and fiscal resilience would be tested this year.

    • 15 Feb 2018
  • Fitch sees fiscal test for Mexico

    As investors turn their eyes in earnest to Mexico’s forthcoming presidential elections, Fitch said that the country’s economic and fiscal resilience would be tested this year.

    • 15 Feb 2018
  • Camposol pulls tender but Lat Am not dead

    Peruvian agricultural company Camposol has cancelled a tender offer for existing notes after market conditions led it to delay a new bond sale, but Lat Am bankers are not overly pessimistic about prospects for primary markets.

    • 14 Feb 2018
  • Argentine aluminium producer weighs up bond sale

    Aluar, the Argentine aluminium producer, will look into the possibility of issuing local or international debt after the company’s board of directors approved a $300m bond shelf.

    • 13 Feb 2018
  • CSN cuts tender offer size

    Brazilian steel producer CSN (Companhia Siderúrgica Nacional) has more than halved the size of a planned tender offer after completing a smaller than intended bond issue last week amid market volatility.

    • 13 Feb 2018
  • Pemex to add $1.8bn to new 30 year via exchange

    Mexican state-owned oil giant Pemex will more than double the size of its 30 year bond issued on February 1 after receiving a strong response to an exchange offer.

    • 12 Feb 2018
  • Volatility strikes twice to complicate Lat Am deal rush

    Four Latin American issuers ventured into cross-border markets on Thursday after a deceptively calm Wednesday, only to be faced with a wave of volatility that had investors worried and led to wider pricing.

    • 08 Feb 2018
  • Unifin continues microfinance run in tough conditions

    Mexican non-bank lender Unifin made its second bond market outing of the year on Thursday with a senior unsecured deal that came at the wide end of initial price thoughts.

    • 08 Feb 2018
  • Investors smoke peso debut but DR pays up in dollars

    Bankers said that the Dominican Republic’s Dominican peso bond sale was the highlight of a busy but choppy day in Latin American primary debt markets, though market volatility cost the sovereign heavily in dollars.

    • 08 Feb 2018
  • Shaken but not deterred: Lat Am quake cover drives largest World Bank cat bond

    The World Bank has priced $1.36bn of catastrophe bonds to provide earthquake protection to Mexico, Chile, Colombia and Peru, despite bondholders losing their principal on Mexico’s last cat bond after a quake in September.

    • 08 Feb 2018
  • Lat Am bankers heard prepping Thursday deals

    Bond market participants said on Wednesday said that Latin American issuers could return in force on Thursday after another day of calm in markets.

    • 08 Feb 2018
  • Lat Am credit resilient but DR drops amid pipeline doubts

    Secondary markets for Latin American bonds have held up well in the context of a storm of hefty sell-offs across global equity markets, but volatility is likely to make new issuance tougher as a raft of high yield borrowers line up deals.

    • 07 Feb 2018
  • CAF cuts cool figure in euros to beat volatility

    Bankers observing South American development bank CAF’s return to euro markets on Tuesday suggested that the multilateral had done well to push through equity market volatility with its largest ever euro deal.

    • 07 Feb 2018
  • Panda bonds aren’t fit for purpose. Time to cut the red tape.

    Panda bond issuance has so far been dominated by overseas-incorporated Chinese names. That bolsters volumes, but it does little to help the market fulfil its role of boosting RMB internationalisation. Policymakers have the chance to fix it — but only if they are bold enough to let markets play a bigger role.

    • 07 Feb 2018
  • CAF set to price euro benchmark

    South American development bank Corporación Andina de Fomento (CAF) is due to price its first benchmark of 2018 after announcing initial price thoughts for a euro-denominated seven year.

    • 06 Feb 2018
  • Prime Energia plots bond with affiliate

    Chilean company Prime Energía is looking to raise $575m of seven year bonds via a debut deal to be issued in conjunction with another company owned by the same group.

    • 06 Feb 2018
  • Improved Camposol digging for investor demand

    Peruvian agricultural company Camposol could return to bond markets this week as it looks to capitalise on an improved rating to refinance expensive debt issued during darker days.

    • 05 Feb 2018
  • Gran Tierra plots capital markets land-grab

    Canada-listed oil and gas company Gran Tierra Energy, which has the majority of its operations in Colombia, is planning a debut 144A/Reg S bond offering which will come due in 2025, the company said.

    • 05 Feb 2018
  • Pemex book booms as Lat Am defies doubts

    Mexican state-owned oil giant Pemex attracted a huge book for its eagerly-anticipated dollar market return on Thursday as bond investors pile into the region’s credits despite major elections looming.

    • 01 Feb 2018
  • Lat Am sovs to keep ticking as DR eyes local currency

    Caribbean sovereign the Dominican Republic could become the first Latin American issuer to seek local currency bonds in the international markets this year as bankers say that timing could not be better for traditionally hard to execute deals.

    • 01 Feb 2018
  • Gol flies to tap as Asian buyers ask for time

    Brazilian low-cost airline Gol increased the size of a tap of its newest bonds on Tuesday after opting for a two day execution to allow Asian investors to participate.

    • 01 Feb 2018
  • Crédito Real makes Swiss splash at attractive cost

    Mexican non-bank lender Crédito Real sold its inaugural Swiss franc bond on Wednesday, achieving attractive pricing compared to its US dollar curve, according to the company’s head of investor relations.

    • 01 Feb 2018
  • Dominican Republic touts local currency deal

    Caribbean sovereign the Dominican Republic will hit the road this Friday as it looks for a first international bond sale of the year, with the sovereign considering a local currency component.

    • 01 Feb 2018
  • Crédito Real sells lowest rated Lat Am FIG swissie

    Unregulated Mexican non-bank lender Crédito Real sold its inaugural Swiss franc bond on Wednesday, which is the lowest-rated deal in the currency from a Latin American financial institution.

    • 01 Feb 2018

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 16,300.75 48 13.48%
2 HSBC 11,698.98 55 9.67%
3 JPMorgan 9,404.85 38 7.78%
4 Deutsche Bank 7,715.91 23 6.38%
5 Bank of America Merrill Lynch 7,556.09 29 6.25%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 6,966.21 15 18.75%
2 HSBC 4,464.24 7 12.01%
3 Deutsche Bank 4,144.09 3 11.15%
4 JPMorgan 3,634.02 11 9.78%
5 Bank of America Merrill Lynch 3,462.62 12 9.32%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 6,349.67 14 16.54%
2 Standard Chartered Bank 4,174.76 11 10.87%
3 HSBC 3,809.40 11 9.92%
4 JPMorgan 3,411.33 12 8.88%
5 Bank of America Merrill Lynch 2,765.80 5 7.20%

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 ING 3,668.64 29 9.01%
2 UniCredit 3,440.98 25 8.45%
3 Sumitomo Mitsui Financial Group 3,156.55 13 7.75%
4 Credit Suisse 2,801.35 8 6.88%
5 SG Corporate & Investment Banking 2,478.18 21 6.09%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 704.37 17 14.23%
2 Standard Chartered Bank 435.32 5 8.80%
3 JPMorgan 366.31 3 7.40%
4 Trust Investment Advisors 358.67 11 7.25%
5 Citi 280.89 2 5.68%