Loans poll: high yield still the refi solution

Although high yield has suffered an extremely volatile last 12 months, the sub-investment grade bond market remains the most likely source of relief for Europe’s estimated $550bn 2012-2016 leveraged buy-out maturity wall, according to EuroWeek poll of market participants.

  • 20 Mar 2012

Some 62% predicted that high yield bonds — in both Europe and the US — would continue to refinance the bulk of maturing junk debt in Europe, despite the market showing itself in 2011 not to be as mature as many believed.

The second most popular option was for ...

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.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%