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  • April 11 2014
Securitization - CLO/CDO

CPA success gives confidence for Iceland LBO

Bankers working on the debt financing for the management buy-out of UK food retailer Iceland are waiting to see the market’s response to an LBO of CPA Global before setting terms on their deal.

  • 24 Feb 2012

Credit Suisse, Deutsche Bank, HSBC, Nomura and Royal Bank of Scotland have been mandated to lead the euro and sterling denominated transaction.

"It’s too early yet to look at pricing, and everybody is watching how the CPA deal goes to see where the levels are," said a leveraged loans ...

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CLO

IssuerArrangerSize ($M)
Aegon USA Investment Management, LLC, Cedar Funding 2014-3Jefferies389.25
Halcyon Loan Management, Halcyon 2014-2Citi569.53
Shenkman Capital Management, Washington Mill CLOBAML520.63

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 22,169.53 47 11.59%
2 Bank of America Merrill Lynch 21,725.71 56 11.36%
3 Citi 20,856.97 48 10.91%
4 Barclays 15,507.18 39 8.11%
5 Deutsche Bank 15,269.96 36 7.99%

bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 2,240.24 5 12.62%
2 VTB Capital 1,601.44 4 9.02%
3 RBS 1,570.47 3 8.85%
4 Deutsche Bank 1,387.85 4 7.82%
5 Santander 1,275.84 4 7.19%