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Securitization - CLO/CDO

Standard Bank picked to co-ordinate MTN Ghana while African deal volumes plummet

Standard Bank has been appointed global co-ordinator for telecoms credit MTN Ghana’s $300m five year loan, according to bankers. Deal flow news will come as some relief to African-focused lenders as it has emerged that African loans are facing the slowest start to the year since records began.

  • 24 Feb 2012

But the telecoms firm will have a challenge to raise the funds if it prices too low, lenders have warned.

"It won’t be a smooth deal," a banker said. "They tend to be very aggressive with their pricing."

MTN Ghana’s parent company MTN Group last came to the market for ...

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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%