Steag finds German bank support

A consortium of seven German municipal utility companies has secured debt financing to acquire 51% of energy producer Steag.

  • 21 Dec 2010

BayernLB, Commerzbank, IKB, NordLB and WestLB are bookrunners for the transaction, and will launch syndication to German and international banks in the first quarter of 2011.

The debt is worth more than 70% of the purchase price of Eu649m, which puts the amount close to Eu500m. The deal includes ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%