Banks will do anything for loans... but they won’t do that

While bank lenders are offering increasingly tight margins and flexible covenants for corporate borrowers in the European investment grade markets, there is still one area where they are steadfastly unwilling to compromise: seven year facilities remain off the menu.

  • 10 Mar 2011
Dutch consumer electrics group Philips, which was one of the first names to move down the maturity curve this time last year and arrange a five year deal, has been talking to banks about refinancing that facility. But its enquiries about seven-year funding were rebuffed and it had ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,029 20 10.95
2 Bank of America Merrill Lynch (BAML) 6,703 19 10.45
3 JP Morgan 4,776 10 7.44
4 Credit Suisse 4,718 9 7.35
5 Deutsche Bank 4,262 13 6.64

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 Wells Fargo Securities 67,591.81 167 11.54%
2 Bank of America Merrill Lynch 57,568.62 162 9.83%
3 JPMorgan 55,390.36 159 9.46%
4 Citi 55,051.46 160 9.40%
5 Credit Suisse 43,756.73 120 7.47%