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Securitization - CLO/CDO

KDG set to exceed €500m A&E target

German cable firm Kabel Deutschland (KDG) has sent out a notice of prepayment to lenders after easily exceeding its original target of extending €500m of term loans ‘A1’, ‘A2’ and ‘C1’. The company is understood to be ready to accept extensions from all those lenders who consented, which market participants said represented more than €700m.

  • 03 Feb 2012

KDG (BB-/Ba2/BB) launched the amend and extend on January 23, just after it raised $750m for a new term loan ‘F’. Proceeds from that loan will be directed at repaying lenders that have not extended.

Bankers and loan managers had predicted KDG’s request would be successful, with the company ...

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CLO

IssuerArrangerSize ($M)
Monroe Capital Management, LLC., Monroe Capital CLO 2014-1Deutsche Bank358.07
Regiment Capital Advisors, Cavalry CLO IVWells Fargo407.32
Arrowpoint Asset Management, Arrowpoint 2014-3Goldman Sachs415.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Aug 2014
1 JPMorgan 133,759.50 282 0.00%
2 Citi 117,145.39 281 0.00%
3 Bank of America Merrill Lynch 113,628.86 309 0.00%
4 Barclays 104,450.28 248 0.00%
5 Deutsche Bank 102,232.45 212 0.00%

bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Aug 2014
1 JPMorgan 4,076.46 11 0.00%
2 Deutsche Bank 3,489.39 10 0.00%
3 Bank of America Merrill Lynch 2,737.00 7 0.00%
4 RBS 2,666.67 6 0.00%
5 Barclays 2,655.81 8 0.00%
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