Favourable wind for Gamesa and Vesta refis

Wind energy companies Gamesa and Vestas Wind Systems have each signed syndicated revolving credit facilities this week, with both transactions being oversubscribed in syndication.

  • 23 Jun 2011

Spanish firm Gamesa signed a Eu1.2bn loan facility, while Denmark’s Vestas signed a Eu1.3bn revolver.

Commerzbank and DnB NOR led the deal for Vestas, which has a five year tenor with two one year extension options, as joint co-ordinators and bookrunners. Six further banks participated in the transaction.

The borrower ...

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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) 6,872 9 22.82
2 Citi 5,854 5 19.44
3 Goldman Sachs 4,763 3 15.82
4 Societe Generale 1,506 3 5.00
5 Rabobank 1,413 2 4.69

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Apr 2017
1 Citi 38,486.16 95 14.84%
2 Bank of America Merrill Lynch 35,181.47 86 13.56%
3 Wells Fargo Securities 24,415.38 74 9.41%
4 JPMorgan 17,158.72 50 6.62%
5 Goldman Sachs 13,413.44 31 5.17%