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Securitization - CLO/CDO

Commodities stay attractive as Mercuria raises to $500m

Mercuria Energy, a Singaporean subsidiary of the Swiss commodities trader, will increase a two tranche revolver to $500m after attracting commitments from 19 banks in syndication — highlighting the depth of appetite for this sector in Asia.

  • 09 Dec 2010

Mercuria had targeted $330m but will increase the loan after securing commitments from 19 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. "The liquidity is ...

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CLO

IssuerArrangerSize ($M)
Anchorage Capital ManagementJP Morgan569.93
New Star FinancialWells Fargo496.07
Silvermine CapitalCitigroup512.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Mar 2015
1 JPMorgan 11,224.72 33 5.59%
2 Wells Fargo Securities 10,387.41 40 5.17%
3 Citi 8,509.32 31 4.23%
4 Barclays 8,350.12 29 4.16%
5 Bank of America Merrill Lynch 7,435.79 31 3.70%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Deutsche Bank 2,493.57 5 15.94%
2 Citi 1,730.47 5 11.06%
3 Santander 1,521.43 5 9.73%
4 Bank of America Merrill Lynch 1,145.80 6 7.32%
5 RBS 1,093.47 4 6.99%