Hochtief 20% oversubscribed after price flex

A €2bn five year syndicated loan from Hochtief has been almost 20% oversubscribed after the borrower flexed the pricing when its parent company also launched a loan.

  • 15 Dec 2011
When Spanish construction group ACS announced its own plan to tap the market — with a €602m four year facility to refinance debt from its acquisition of Hochtief in 2007 — the German company moved the pricing of its guarantee line out by 30bp and the margin of ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%