dcsimg
Securitization - CLO/CDO

Czech mates: local banks step up for local names

Brimming domestic liquidity and international banks’ retrenchment could lead more companies to spurn the pan-European loans market after a large Czech conglomerate surprised banks by seeking a €1bn facility exclusively at home. Local lenders have already committed tickets of between €150m-€200m to the unnamed borrower’s partial refinancing, bankers reported.

  • 24 Feb 2012

"I thought it wasn’t possible, but they are getting there. It’s amazing," said one senior banker. "My colleagues and I shared the view that you could maybe get a maximum of €500m from local markets."

"It would still be quite big if it were to be an international syndicated ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

CLO

IssuerArrangerSize ($M)
Ballyrock Investment Advisors LLC, Ballyrock 2014-1Citi409.18
Symphony Asset Management, Symphony CLO XV BAML622.50
Feingold O'Keeffe Capita, Hull Street CLOCredit Suisse515.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Oct 2014
1 JPMorgan 58,676.11 148 10.29%
2 Citi 51,050.40 132 8.96%
3 Bank of America Merrill Lynch 50,949.34 144 8.94%
4 Barclays 50,333.40 129 8.83%
5 Credit Suisse 46,789.00 115 8.21%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Oct 2014
1 JPMorgan 5,656.88 18 8.40%
2 Deutsche Bank 5,357.92 17 7.95%
3 Bank of America Merrill Lynch 4,841.53 12 7.19%
4 HSBC 4,482.67 12 6.65%
5 Citi 4,083.79 11 6.06%