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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)
Arrowpoint Asset Management, Arrowpoint 2014-3Goldman Sachs415.00
Trimarian Capital Advisors, Catamaran 2014-2Credit Suisse464.75
Kramer Van Kirk Credit Strategies, KVK 2014-3Goldman Sachs516.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Aug 2014
1 JPMorgan 133,759.50 282 0.00%
2 Citi 117,145.39 281 0.00%
3 Bank of America Merrill Lynch 113,628.86 309 0.00%
4 Barclays 104,450.28 248 0.00%
5 Deutsche Bank 102,232.45 212 0.00%

bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Aug 2014
1 JPMorgan 4,076.46 11 0.00%
2 Deutsche Bank 3,489.39 10 0.00%
3 Bank of America Merrill Lynch 2,737.00 7 0.00%
4 RBS 2,666.67 6 0.00%
5 Barclays 2,655.81 8 0.00%
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