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Securitization - CLO/CDO

Siemens eyes 35bp as pricing plateaus in loan market

Despite widespread predictions of a steady increase in margins this year, the investment grade loan market is stubbornly resisting calls to price deals higher.

  • 03 Feb 2012
Pricing at the top end of the market remains stuck at levels set in the final months of 2011, with German engineering firm Siemens (A1/A+/A+) talking to its lenders about a facility priced at just 35bp."It seems that pricing for strong investment grade credit with a sizeable ancillary ...

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CLO

IssuerArrangerSize ($M)
Oak Hill Advisors Goldman Sachs416.70
CVC Credit PartnersCiti497.50
BNP Paribas Asset ManagementRBS335.80

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Apr 2015
1 Credit Suisse 17,244.96 47 10.25%
2 Bank of America Merrill Lynch 16,424.36 55 9.77%
3 Wells Fargo Securities 16,171.10 55 9.62%
4 Citi 15,175.34 48 9.02%
5 JPMorgan 14,935.65 46 8.88%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Apr 2015
1 Deutsche Bank 3,597.40 7 12.39%
2 Citi 3,261.24 8 11.23%
3 Credit Suisse 2,314.86 7 7.97%
4 Barclays 1,910.64 5 6.58%
5 Santander 1,815.11 7 6.25%