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Securitization - CLO/CDO

Sentosa sets tight timeframe for refinancing

Resorts World at Sentosa, the Singaporean developer of Sentosa Island, launched a S$4.1925bn ($3.2bn) refinancing on Friday that the borrower hopes to wrap up before the end of the year. Resorts World is encouraging quick commitments with an extra 20bp fee for banks that commit before December 25.

  • 12 Dec 2010
Bank of Tokyo-Mitsubishi, DBS, HSBC, OCBC and SMBC have fully underwritten the facility which will refinance the 2008 development of the Sentosa resort. The borrower is targeting existing lenders who will find it easier to roll their commitments into the new facility as part of efforts to get ...

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CLO

IssuerArrangerSize ($M)
BlueMountain Capital Management, BlueMountain CLO 2014-3Citi612.05
Silvermine Capital Management, ECP 2014-6Citi879.10
CIFC Asset Management LLC, CIFC 2014-IVMorgan Stanley626.50

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%