Awards for Excellence 2017
JPMorgan wins Euromoney’s award for excellence in providing clients with financing.
The bank won a market-leading 16.6% market share of ECM activity in the qualification period, according to Dealogic. It was also second in the DCM league table, generating $18.3 billion in international DCM around the region – or a 13.1% market share. It was the only bank to be in the top two of both categories.
Unsurprisingly, the bank was strong in many of the debt capital market sub-categories, leading deals for sovereigns including the $16.5 billion come-back bond issue for the Republic of Argentina – as well as the same sovereign’s $7 billion sale in January 2017.
The bank also led transactions for Chile and the Dominican Republic, as well as leading some sub-sovereigns such as the Provinces of Santa Fe and Neuquen. JPMorgan also led some key quasi-sovereign deals, including Pemex’s multi-tranche $5.5 billion deal in December 2016, Mexico City Airport’s $2 billion green bond in September 2016 and a $6.75 billion deal for Petrobras in May 2016.
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The Petrobras deal is a good example of a particular strength of JPMorgan: the high-yield emerging market bond.