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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)
Fifth Street Management, Fifth Street Senior Loan Fund IWells Fargo309.45
Pinebridge Investments, Galaxy XIX CLOCiti509.90
Apollo Credit Management, ALM XIIMorgan Stanley786.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Jan 2015
1 Citi 960.41 3 12.42%
2 Mizuho 844.54 3 10.92%
3 Credit Agricole CIB 794.04 2 10.27%
3 Barclays 794.04 2 10.27%
5 CITIC Securities 553.21 3 7.15%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Jan 2015
1 Deutsche Bank 613.60 1 16.48%
1 Cantor Fitzgerald & Co 613.60 1 16.48%
3 Credit Agricole CIB 540.88 1 14.53%
3 Citi 540.88 1 14.53%
3 Barclays 540.88 1 14.53%