Securitization - CLO/CDO

UK’s Serco seeks new five year syndicated refinancing through BofA ML and RBS

UK services company Serco has mandated Bank of America Merrill Lynch and Royal Bank of Scotland to lead a new five year revolver to refinance some existing bank lines.

  • 24 Feb 2012

The new transaction, thought to be under £1bn, is already being marketed to the company’s relationship banks.

Serco had bank facilities of £1.068bn at the end of June 2011, of which £247m had been used. Its facilities include a £400m revolver due in December 2013, arranged in 2008 ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,234 9 15.12
2 Lloyds Bank 3,424 8 12.23
3 Citi 2,818 8 10.07
4 Credit Suisse 2,574 3 9.20
5 Morgan Stanley 2,259 3 8.07

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2016
1 Bank of America Merrill Lynch 20,221.68 58 11.84%
2 Citi 15,398.59 45 9.02%
3 Credit Suisse 15,142.01 43 8.87%
4 Wells Fargo Securities 14,018.33 51 8.21%
5 JPMorgan 13,811.11 46 8.09%