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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 ...

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European CLO

IssuerArrangerSize ($M)
CELF Advisors LLPCiti457.88
Black Diamond Capital ManagementNatixis372.90
Tikehau Capital Europe Goldman Sachs399.85

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Jul 2015
1 Bank of America Merrill Lynch 37,019.03 117 10.45%
2 JPMorgan 34,164.05 95 9.65%
3 Wells Fargo Securities 33,567.54 113 9.48%
4 Credit Suisse 30,961.02 91 8.74%
5 Citi 28,671.94 87 8.10%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2015
1 Bank of America Merrill Lynch 5,730.87 19 12.31%
2 Citi 3,825.24 12 8.21%
3 Morgan Stanley 2,856.07 8 6.13%
4 Lloyds Banking Group 2,731.65 9 5.87%
5 Deutsche Bank 2,645.28 7 5.68%