Latest Senior Debt news

  • FIG green bond issuance set to eclipse 2018’s totals

    Financial institutions have nearly already raised as much green bond funding in 2019 as they did across the whole of last year, with LBBW’s funding chief suggesting that the market is still ‘growing on both sides’ — investor demand and issuer interest.

    • 22 Jul 2019
  • Indo, Chinese credit events weigh on Asian bonds

    Concerns around some Indonesian and Chinese credits, including Delta Merlin Dunia Textile and China Minsheng Investment Group, have put a dent in investor sentiment in Asia with bonds underperforming in the secondary market.

    • 22 Jul 2019
  • Lead manager backing propels JIC Leasing’s $500m bond

    China’s JIC Leasing Co priced a tight $500m bond on the back of strong support from the lead managers, after launching the transaction on a weak day for Asian capital markets.

    • 19 Jul 2019
  • Sunny forecast as FIG market packs its bags

    JP Morgan made an appearance in euros as it came out of earnings blackout this week amid strong market conditions and as the market winds down for the summer. Boosted by the European Central Bank's dovish policy, FIG bankers expect a smooth second half of the year.

    • 18 Jul 2019
  • Investors pile into debut offering from Tesco Personal Finance

    Tesco Personal Finance ratcheted in the pricing on its debut senior unsecured bond on Thursday, starting with a high new issue concession but bringing it in by 35bp amid hefty investor demand.

    • 18 Jul 2019
  • LBBW ‘bang on’ with green non-pref despite softer backdrop

    LBBW extended its non-preferred senior curve with a new green bond this week, hitting lead managers' price expectations in spite of soft market conditions.

    • 17 Jul 2019
  • Brexit premium rises for UK banks as Tories pick new PM

    Investors have been discounting UK bank bonds in the secondary market in recent weeks, as it becomes increasingly unclear how a change of prime minister will affect the country’s approach to leaving the EU.

    • 17 Jul 2019
  • RBC, CS take advantage of pre-summer funding window in euros

    Royal Bank of Canada and Credit Suisse turned to the euro market this week to launch bail-inable senior bonds, testing market conditions amid European earnings blackouts and before an expected break for the summer.

    • 16 Jul 2019
  • MUFG reveals flat curve in double offering in euros

    Mitsubishi UFJ Financial Group (MUFG) sold new five and 10 year senior bonds in euros this week, with only 9bp of difference between the final pricing on the two tranches.

    • 16 Jul 2019
  • Jefferies lands 'on the screws' with first euro deal since 2014

    The financial institutions bond market is showing no signs of fatigue in Europe, with US financial services company Jefferies Group preferring euros over dollars for the first time since 2014 on Friday. There was some debate about fair value for its €500m deal, given the lack of outstanding comparables.

    • 12 Jul 2019

Senior Debt news archive



more bond comments

Capital markets data from GlobalCapital


Go to GlobalCapital's FIG data pages for the most up to date information on the global financial institution bond markets. Find our FIG bond comments, FIG league tables by Dealogic and our priced deals database.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 10,283.03 88 6.01%
2 HSBC 9,924.14 51 5.80%
3 LBBW 8,393.04 48 4.91%
4 Natixis 7,239.94 37 4.23%
5 UBS 7,025.55 38 4.11%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 55,206.99 242 6.02%
2 JPMorgan 53,037.59 274 5.79%
3 Citi 52,245.64 280 5.70%
4 Morgan Stanley 41,917.38 224 4.57%
5 HSBC 36,375.06 225 3.97%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 45,511.73 199 11.49%
2 JPMorgan 42,465.36 210 10.72%
3 Citi 41,045.97 215 10.36%
4 Morgan Stanley 31,427.16 153 7.94%
5 Goldman Sachs 27,936.22 261 7.05%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,939.43 23 6.77%
2 LBBW 5,403.66 21 6.16%
3 UniCredit 5,082.55 24 5.79%
4 HSBC 5,076.13 19 5.78%
5 Credit Agricole CIB 4,965.07 22 5.66%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 6,170.54 15 14.33%
2 UBS 4,233.38 20 9.83%
3 BNP Paribas 3,846.71 16 8.93%
4 Credit Agricole CIB 3,549.81 11 8.24%
5 HSBC 2,321.22 16 5.39%