Debt Capital Markets, Global Syndicate and Credit Trading
Debt Capital Markets
The Debt Capital Markets team professionals are focused on the origination and structuring of bond solutions for corporates, financial institutions, sovereigns, supra-nationals and agencies. The team provides issuers with capital structure advisory and liability management. The team's market activities are supplemented by a robust MTNs & private placement business globally, including a strong footprint in the US private placement market.
Debt Capital Markets consists of four segments: corporate high grade; financial institutions; sovereigns, supra-nationals and agencies (SSA); and global high yield. The Solutions & Advisory team provides tailor-made solutions, notably in the area of hybrid capital and liability management. By doing more analysis of client balance-sheet needs, and building expertise in Solutions/Marketing, this transversal team offers Issuer clients a single entry point. This approach makes Crédit Agricole CIB’s offer more relevant to clients and distinct from its competitors – by embracing a solution-driven approach rather than a product-push model.
The team has professionals in key locations around the world, close to Crédit Agricole CIB clients. The hubs of Debt Capital Markets are London, New York and Hong Kong, with offices also located in Dubai, Paris, Madrid, Milan, Frankfurt, Stockholm, Singapore, Tokyo and Seoul.
The issuers with whom Crédit Agricole CIB works range across the credit spectrum, from investment grade to high yield. The Bank serves issuers located throughout Europe and the United States, as well as in emerging regions such as Latin America, the GCC, Eastern Europe and Asia-Pacific. Crédit Agricole CIB has also been active in Australia and Japan.
The main working currencies of Debt Capital Markets are EUR and USD.
Global Syndicate & Credit Trading
The Credit product line has a global presence, with centres in London, Paris, New York, Hong Kong, Tokyo and Dubai. It manages the Fixed Income bond trading syndication and secondary credit trading. The business is run with a worldwide approach by offering its issuing and investing clients, 24-hour coverage.
Its activities extend from government bonds, agencies, investment-grade bonds, high-yield bonds and emerging market securities. It also includes bond syndication and private placement activities forming the basis of the Bank's primary market activities. The origination, syndication, sales and trading teams provide high-quality service to their clients worldwide.
An end-to-end bond/credit business
To facilitate an end-to-end bond/credit business, the Debt Capital Market professionals work in close collaboration, using the following sequence of activities: origination > structuring > syndicate > sales > trading – This provides more efficient service to clients and a fully integrated service vis-à-vis issuers and investors.
The integrated service deals in all asset classes on multiple trading venues, and can provide customised solutions to meet the requirements of issuing and investing clients. Trading teams maintain a top 5 dealer ranking in Crédit Agricole CIB led transactions showing a strong alignment with our primary business.
Crédit Agricole CIB's Secondary Credit Offering can be accessed via Sales coverage or on electronic platforms via Bloomberg, Tradeweb, MarketAxess and Bondvision.
A transparent and real-time bookbuilding platform for new issues
eBook is an online platform for managing primary market bond issuance process in connection with public syndicated transactions. Syndicate, therefore has a global view of investors, participating in new issues - which is made available in real time and complete transparency to the issuer. From organising roadshows, to collecting and allocating investors' orders, the team provides transparent management of issues by private corporations, public sector entities and financial institutions.
Using this platform, Crédit Agricole CIB's clients can track the evolution of their order book in real time. The platform offers issuers transparency, speed of execution and the best possible outcome in global syndicated deals.
Origin – a Fintech active in the private placement area is endorsed by Crédit Agricole CIB’s MTNs & Private Placement team to connect with the global issuer community and better match investor reverse enquiries in one simple platform.
Awards & rankings
Crédit Agricole CIB’s Debt Capital Markets & Global Syndicate and Credit trading and have built a strong reputation and high standing. As of end of year 2018, the team ranks:
No. 5 in All Bonds in EUR (Thomson Financial)
No. 1 in Green, Social & Sustainability Bonds (Bloomberg)
No. 4 in Agencies in EUR (Thomson Financial)
No. 2 in All CNY Offshore Bonds (Bloomberg)
No. 3 in 3rd Party Private EMTNs – All CCY (Dealogic)