Citi’s Global Transaction Services business announced announced that its Issuer Services Agency and Trust division in Europe, the Middle East & Africa (EMEA) has been ranked as the number one overall Issuing and Paying Agent for Q1 through Q3 of 2010 by Dealogic, a data service provider and platform for investment banking and capital markets professionals across the globe. The overall top ranking by Dealogic includes the Commercial Paper, Medium Term Notes, and Total Debt sectors.
Citi is the number one Issuing and Paying Agent for newly established Medium Term Note Programs signed in the first three quarters of 2010, with a 50 per cent market share. Across the market as a whole Citi had a further 37 per cent market share of Total Debt Issued by value.
Andrew Mulley, Head of Issuer Services, EMEA, Citi, said, “We have a client-centric business that has delivered best-in-class capabilities to our clients. This ranking reflects recognition of this and the continuing confidence of our clients. Citi’s Issuer Services provides unique opportunities for clients to drive tailored solutions, enhanced product offerings and innovation around their transaction needs”.
D.C.