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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)
GSO/Blackstone Debt Funds Management LLC., Birchwood Park CLOWells Fargo615.55
Apollo Credit Management, ALM XICredit Suisse563.00
Ares Management LLC., ARES XXXIJPMorgan1,260.70

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Jul 2014
1 JPMorgan 39,754.53 97 10.49%
2 Citi 38,263.92 96 10.10%
3 Bank of America Merrill Lynch 35,924.95 98 9.48%
4 Barclays 31,529.48 76 8.32%
5 Credit Suisse 27,820.58 75 7.34%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jul 2014
1 JPMorgan 4,076.46 11 9.67%
2 Deutsche Bank 3,489.39 10 8.27%
3 Bank of America Merrill Lynch 2,737.00 7 6.49%
4 RBS 2,666.67 6 6.32%
5 Barclays 2,655.81 8 6.30%
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