dcsimg
Securitization - CLO/CDO

Global demand helps Noble upsize to $2.54bn

Noble Group, the Hong Kong-based commodities company, signed an increased $2.54bn loan on Wednesday after attracting 76 banks to the syndicate from around the world — with most banks choosing to contribute dollars despite an option to commit in euros.

  • 01 Dec 2010

Noble initially targeted $1.5bn, split between a one year and three year revolver. The three year revolver has been increased to $1.426bn, while the one year revolver has now been divided into a $943m dollar-denominated facility and a euro facility for just Eu132m ($172m).

“Noble made it clear 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 call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

CLO

IssuerArrangerSize ($M)
CVC Credit PartnersCiti497.50
BNP Paribas Asset ManagementRBS335.80
GLG PartnersMorgan Stanley338.40

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Apr 2015
1 Credit Suisse 17,797.87 47 11.39%
2 Bank of America Merrill Lynch 16,012.84 53 10.25%
3 Wells Fargo Securities 14,683.94 53 9.40%
4 JPMorgan 14,443.06 44 9.24%
5 Citi 14,253.77 45 9.12%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Apr 2015
1 Deutsche Bank 3,597.40 7 6.30%
2 Citi 3,261.24 8 5.71%
3 Credit Suisse 2,314.86 7 4.06%
4 Barclays 1,910.64 5 3.35%
5 Santander 1,815.11 7 3.18%