Southern Water arranges loan alongside HY bond

Southern Water (Greensands) has arranged a club deal of at least £225m as part of a £450m refinancing of the holding company’s debt.

  • 12 Apr 2011
Yesterday, the borrower launched £250m of eight year senior secured bonds, expected to be rated BB-/B+. The loan is split into a revolving credit line of £25m and a term loan of £200m, although these amounts may change depending on the success of the public issue. A number ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%