dcsimg
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 ...

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)
Columbia Management Investment Advisers, CENT CLO 22JPMorgan616.25
Sound Harbor Partners, Sound Harbor Loan Fund 2014-1JPMorgan456.95
Fortress Investment Group, Fortress Credit Opportunities VNatixis713.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 JPMorgan 51,494.85 127 10.24%
2 Citi 47,731.41 121 9.49%
3 Barclays 42,977.38 111 8.55%
4 Bank of America Merrill Lynch 41,285.90 120 8.21%
5 Credit Suisse 40,294.27 104 8.01%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 JPMorgan 4,827.70 14 0.00%
2 Bank of America Merrill Lynch 4,273.35 10 0.00%
3 Deutsche Bank 4,158.97 12 0.00%
4 Citi 3,317.26 8 0.00%
5 Barclays 3,192.54 10 0.00%