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Securitization - CLO/CDO

Commodities in demand as Mercuria upsizes

Mercuria Energy, a Singaporean subsidiary of the Swiss commodities trader, will increase a two tranche revolver to $500m after attracting commitments from 18 banks in syndication — highlighting the depth of appetite for this sector in Asia.

  • 08 Dec 2010

Mercuria had initially targeted $330m but will increase the loan after securing commitments from 18 banks — in addition to the six mandated lead arrangers — in excess of $500m.

“Asian banks have been really interested in the commodities houses this year,” said a banker away from the deal. ...

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CLO

IssuerArrangerSize ($M)
Invesco Senior Secured Management, Limerock CLO IIICredit Suisse512.50
HarbourView, HarbourView VIIJefferies414.00
MCF Capital Management LLC., MCF IVWells Fargo405.96

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 57,475.48 143 10.31%
2 Bank of America Merrill Lynch 50,643.60 142 9.09%
3 Citi 50,519.56 130 9.06%
4 Barclays 49,010.92 123 8.79%
5 Credit Suisse 46,233.08 112 8.29%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 Deutsche Bank 18,793.68 79 9.06%
2 JPMorgan 16,037.88 81 7.73%
3 Credit Suisse 12,933.87 62 6.24%
4 Citi 11,946.76 44 5.76%
5 Barclays 11,615.50 52 5.60%