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Securitization - CLO/CDO

Kerry Properties launches HK$6bn refi

Hong Kong’s Kerry Properties has launched a self-arranged HK$6bn ($774m) refinancing, offering a similar price to a loan from its holding company in July – and suggesting that pricing for Hong Kong property companies has levelled after tightening dramatically in the first half of the year.

  • 22 Nov 2010

Kerry Properties has invited banks to participate in the five year loan at two levels, offering 95bp all-in for commitments of HK$750m or more and 93.5bp to banks pledging between HK$500m and HK$749m.

Bankers were quick to compare those levels with pricing on a deal from Kerry Holdings ...

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US CLO

IssuerArrangerSize ($M)
Tikehau Capital Europe Goldman Sachs399.85
PineBridge InvestmentsBarclays372.66
Cairn Loan InvestmentsCiti343.03

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Jul 2015
1 JPMorgan 33,695.45 94 9.92%
2 Wells Fargo Securities 33,291.06 111 9.80%
3 Credit Suisse 30,732.54 89 9.05%
4 Bank of America Merrill Lynch 28,679.95 96 8.44%
5 Citi 28,154.59 84 8.29%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,670.49 11 10.08%
2 Bank of America Merrill Lynch 3,449.49 12 9.47%
3 Lloyds Banking Group 2,451.05 7 6.73%
4 Morgan Stanley 2,429.85 6 6.67%
5 Deutsche Bank 2,421.47 6 6.65%