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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 ...

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CLO

IssuerArrangerSize ($M)
PineBridge InvestmentsCredit Industriel et Commercial372.66
Cairn Loan InvestmentsCiti343.03
Credit Suisse Asset ManagementCredit Suisse459.75

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 Credit Suisse 22,179.57 63 9.69%
2 JPMorgan 21,599.12 63 9.44%
3 Wells Fargo Securities 20,780.35 74 9.08%
4 Bank of America Merrill Lynch 20,734.76 70 9.06%
5 Citi 18,738.60 58 8.19%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 May 2015
1 Citi 3,064.41 8 5.97%
2 Lloyds Banking Group 1,995.65 5 3.89%
3 Deutsche Bank 1,802.37 5 3.51%
4 Morgan Stanley 1,796.05 4 3.50%
5 Bank of America Merrill Lynch 1,738.49 6 3.39%