Stemcor launches refi, cuts RCF to $650m

Steel trading firm Stemcor mandated ABN Amro, BNP Paribas, ING, Natixis, Société Générale and Standard Chartered to lead its new $650m 364 day revolving credit facility, to refinance a facility maturing on May 4.

  • 19 Mar 2012

A bank meeting for the deal will be held in London next Friday.

The six active bookrunners and mandated lead arrangers have been joined by Commonwealth Bank of Australia, Crédit Agricole, DBS Bank, Garanti Bank, HSBC, HSH Nordbank, KfW, Nedbank, UBS and UniCredit as mandated lead arrangers and ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

New! 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) 8,597 25 11.15
2 Citi 8,291 24 10.75
3 Lloyds Bank 5,252 18 6.81
4 Morgan Stanley 5,011 12 6.50
5 JP Morgan 4,981 11 6.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Wells Fargo Securities 80,174.27 201 10.91%
2 Bank of America Merrill Lynch 74,495.43 214 10.14%
3 JPMorgan 67,723.30 201 9.22%
4 Citi 66,850.08 199 9.10%
5 Credit Suisse 54,924.54 146 7.48%