Goldman Sachs tops high yield bond league

first_imgMonday 18 April 2011 8:03 pm Tags: NULL GOLDMAN Sachs has moved to top place for the first time since 2002 in the table for issuance of high yield bonds.The US investment bank has displaced Deutsche Bank – perhaps only temporarily because these positions have a habit of changing quickly – after completing a deal for the leisure group GEO.Goldman’s other recent deals have included bond issues for Boparan, the chicken producer that has taken over Northern Foods, the clothing group Matalan, the drinks group Pernod Ricard and Phones 4 U.A record number of high-yield bonds were issued last year, and volumes this year are already surpassing that, according to data from Dealogic. Globally, $354bn (£218.2bn) of high-yield bonds were issued last year, of which $62bn came from European issuers – also a record, according to the data provider.Bond issuance this year is running at roughly twice the rate of last year, the data suggests.Goldman has taken pole position with an 11 per cent share since the start of the year. Deutsche Bank is currently claiming 10.7 per cent, according to Bloomberg data, with Credit Suisse having an 8.8 per cent share. whatsapp Show Comments ▼ KCS-content center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Share whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Goldman Sachs tops high yield bond league last_img

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