Zurich to tap IG loan market at 30bp

Zurich Financial Services is set to launch a five year transaction next month with a margin of 30bp, in line with pricing seen in the investment grade market two months ago.

  • 27 Sep 2011
 

The refinancing transaction for the Aa3/AA- rated insurance firm, which has two one year extension options, already has several banks willing to commit, despite the tight margin on offer.

“Unlike some of its other deals, there are utilisation fees on this, although this is a revolver that ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%