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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 ...

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CLO

IssuerArrangerSize ($M)
CIFC Asset Management LLC, CIFC 2014-IVMorgan Stanley626.50
Octagon Credit Investors, LLC, Octagon Loan FudingGreensLedge413.00
Monroe Capital Management, LLC., Monroe Capital CLO 2014-1Deutsche Bank358.07

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Aug 2014
1 JPMorgan 42,108.46 103 10.17%
2 Citi 40,210.36 102 9.71%
3 Bank of America Merrill Lynch 37,538.67 105 9.07%
4 Barclays 35,515.53 88 8.58%
5 Credit Suisse 32,262.18 83 7.79%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 JPMorgan 4,076.46 11 9.39%
2 Deutsche Bank 3,489.39 10 8.04%
3 Bank of America Merrill Lynch 2,737.00 7 6.30%
4 RBS 2,666.67 6 6.14%
5 Barclays 2,655.81 8 6.12%