Icade debuts in green bond market on quiet Monday

French property company Icade printed its first green bond on Monday, on a day when no other corporates ventured into the bond market. Having the full attention of investors allowed the issuer to increase the deal to €600m and price 20bp tighter than initial price thoughts.

  • By Nigel Owen
  • 07 Sep 2017
Lead managers BNP Paribas, Crédit Agricole, HSBC, Natixis and Société Générale launched the expected €500m 10 year deal following a roadshow last week. IPTs were 100bp over mid-swaps. The spread was tightened to guidance of 85bp before being set at 80bp for a ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 131,879.09 573 7.20%
2 Bank of America Merrill Lynch 118,834.05 539 6.48%
3 Citi 103,683.75 539 5.66%
4 Goldman Sachs 85,888.86 353 4.69%
5 Barclays 81,514.46 357 4.45%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 22,951.77 105 8.80%
2 Barclays 19,796.44 75 7.59%
3 Deutsche Bank 17,736.38 73 6.80%
4 HSBC 15,843.10 70 6.07%
5 SG Corporate & Investment Banking 14,554.56 78 5.58%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,335.13 43 7.86%
2 Goldman Sachs 4,801.82 38 7.07%
3 Deutsche Bank 4,643.96 44 6.84%
4 Credit Suisse 4,353.57 48 6.41%
5 Barclays 4,156.24 35 6.12%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 27,143.08 213 10.83%
2 Citi 21,041.57 167 8.39%
3 Bank of America Merrill Lynch 20,960.58 186 8.36%
4 Goldman Sachs 18,419.20 133 7.35%
5 Morgan Stanley 17,410.41 103 6.94%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 22,628.04 74 6.64%
2 HSBC 22,246.60 98 6.52%
3 BNP Paribas 21,794.95 106 6.39%
4 Barclays 21,638.43 92 6.35%
5 Citi 19,224.66 78 5.64%