dcsimg

  • Latest Print Issue
  • April 17 2014
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 ...

The rest of this content is available to subscribers and active trials only

Contact Jeremy Masters to discuss your access: jeremy.masters@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Jeremy Masters on +44 (0)20 7779 8036 or email jeremy.masters@globalcapital.com to discuss your requirements.

CLO

IssuerArrangerSize ($M)
NXT Capital Investment Advisers, NXT CLO 2014-1Wells Fargo357.44
H.I.G. Whitehorse Capital, Whitehorse VIIIMorgan Stanley574.75
Blackrock, Magnetite VIII CLOWells Fargo612.41

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 22,169.53 47 11.59%
2 Bank of America Merrill Lynch 21,725.71 56 11.36%
3 Citi 20,856.97 48 10.91%
4 Barclays 15,507.18 39 8.11%
5 Deutsche Bank 15,269.96 36 7.99%

bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
1 JPMorgan 2,240.24 5 12.62%
2 VTB Capital 1,601.44 4 9.02%
3 RBS 1,570.47 3 8.85%
4 Deutsche Bank 1,387.85 4 7.82%
5 Santander 1,275.84 4 7.19%