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Securitization - CLO/CDO

Volvo set to follow Sandvik’s pricing with refinancing targeted at 75bp to 85bp over

Volvo Treasury, the Baa2/BBB+ rated funding vehicle for the auto manufacturer, could price its new syndicated loan in line with toolmaker Sandvik, which recently priced its five year plus one plus one facility at 75bp.

  • 24 Feb 2012
The Swedish borrower, which is looking to refinance a $1.4bn seven year revolver maturing in May 2013, has not yet launched a deal but is speaking to its relationship banks about a new euro denominated facility. The borrower has proposed pricing the deal between 75bp and 85bp. A ...

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CLO

IssuerArrangerSize ($M)
American Capital Asset Management, ACAS 2012-1 (Refi)Deutsche Bank303.00
Highbridge Principal Strategies, LLC., Highbridge 2012-1 (Refi)Credit Suisee, BAML, Morgan Stanley276.25
Halcyon Asset Management, Halcyon 2014-3Morgan Stanley625.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Sep 2014
1 JPMorgan 46,969.96 111 10.15%
2 Citi 44,925.16 112 9.71%
3 Bank of America Merrill Lynch 40,392.62 114 8.73%
4 Barclays 40,069.35 104 8.66%
5 Credit Suisse 38,044.64 96 8.22%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,333.47 12 0.00%
2 Deutsche Bank 4,084.61 12 0.00%
3 Bank of America Merrill Lynch 3,862.85 9 0.00%
4 HSBC 2,880.36 7 0.00%
5 RBS 2,666.67 6 0.00%