Trading firms to include euro in refis to ease dollar woes

Commodities trading firms may include euro denominated portions in their revolving credit facilities to ease the pressure on European lenders that have struggled to access affordable dollar financing over the last few months.

  • 27 Jan 2012
"Louis Dreyfus and Vitol included euro pieces on their last lines, and I think we will most definitely see more options for euros in these deals," said a senior loans banker. "There are a number of banks that still have difficulty funding in dollars so it makes sense ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%