Fitch makes call for greater transparency in stale levloan market

The European leveraged loan market needs to follow its US sister’s lead on transparency if it is going to attract the non-bank capital necessary to support the market when the CLO and bank bid deteriorates by 2014, according to Fitch.

  • 10 Aug 2012

The rating agency took the opportunity of the fifth anniversary of what is considered as the start of the financial crisis to warn that the cost of debt financing for leveraged buyouts was set to rise as Europe’s banks and CLOs face a funding cliff in 2014.

On August ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

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  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%