dcsimg
Securitization - CLO/CDO

Dollar premiums still here as Heidelberg adds 50bp fee

Dollar funding premiums that were introduced to the syndicated loans market last year to make up for European banks’ struggles to access dollar financing are set to become commonplace over the first few months of 2012.

  • 03 Feb 2012

This week, German cement maker HeidelbergCement (Ba2/BB/BB+) added a 50bp premium for dollar drawings as part of the amendment of its €3bn credit facility.

"The dollar premium is here to stay at the moment," said a senior banker in London. "Banks are eager to do business, but they simply ...

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 call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

CLO

IssuerArrangerSize ($M)
Carlyle Investment Management LLC., CSAM 2014-3Citi815.80
Sound Point Capital Management, Sound Point CLO VIMorgan Stanley631.75
Alcentra NY, LLC, Shackleton I-RJefferies402.30

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2014
1 JPMorgan 39,754.53 97 10.49%
2 Citi 38,263.92 96 10.10%
3 Bank of America Merrill Lynch 35,924.95 98 9.48%
4 Barclays 31,529.48 76 8.32%
5 Credit Suisse 27,820.58 75 7.34%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 JPMorgan 4,076.46 11 9.67%
2 Deutsche Bank 3,489.39 10 8.27%
3 Bank of America Merrill Lynch 2,737.00 7 6.49%
4 RBS 2,666.67 6 6.32%
5 Barclays 2,655.81 8 6.30%
Z