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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)
BlueMountain Capital Management, BlueMountain CLO 2014-3Citi612.05
Silvermine Capital Management, ECP 2014-6Citi879.10
CIFC Asset Management LLC, CIFC 2014-IVMorgan Stanley626.50

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Aug 2014
1 JPMorgan 42,108.46 103 10.17%
2 Citi 40,210.36 102 9.71%
3 Bank of America Merrill Lynch 37,538.67 105 9.07%
4 Barclays 35,515.53 88 8.58%
5 Credit Suisse 32,262.18 83 7.79%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 JPMorgan 4,076.46 11 9.39%
2 Deutsche Bank 3,489.39 10 8.04%
3 Bank of America Merrill Lynch 2,737.00 7 6.30%
4 RBS 2,666.67 6 6.14%
5 Barclays 2,655.81 8 6.12%