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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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CLO

IssuerArrangerSize ($M)
Anchorage Capital ManagementJP Morgan569.93
New Star FinancialWells Fargo496.07
Silvermine CapitalCitigroup512.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Mar 2015
1 JPMorgan 92,568.85 238 10.41%
2 Bank of America Merrill Lynch 81,221.10 246 9.13%
3 Credit Suisse 80,789.30 205 9.08%
4 Citi 76,618.75 210 8.61%
5 Barclays 71,394.92 194 8.02%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 3,597.40 7 14.57%
2 Citi 2,826.97 7 11.45%
3 Credit Suisse 2,221.24 6 9.00%
4 Bank of America Merrill Lynch 1,732.01 7 7.01%
5 Santander 1,721.49 6 6.97%