Study Group passes bond entry test with flying colours

Study Group UK, the company that provides courses for overseas students preparing to study at UK and Australian universities, succeeded in pricing its £205m debut bond on Thursday at the tight end of guidance.

  • By Jon Hay
  • 13 Sep 2013

Global coordinators Goldman Sachs (billing and delivering) and Barclays sold the five year non-call two bonds, rated B3/B-, at par at an 8.875% yield, inside guidance released on Wednesday of 9% area. The bond was issued through EDU UK Bondco Plc.

The sale was accelerated from an original plan ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%