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Securitization - CLO/CDO

Asian companies eye hybrid bonds for early 2011

Several Asian companies are considering selling corporate hybrid bonds at the start of 2011, but they are likely to use more investor-friendly structures than several of the deals sold in Asia this year.

  • 30 Nov 2010
Three Asian corporations have issued hybrid securities this year and despite all of them trading poorly in secondary markets, debt bankers still expect more issuance to come in 2011 — and perhaps as early as January. Most of the supply is likely to come from companies based in ...

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CLO

IssuerArrangerSize ($M)
American Capital Asset Management, ACAS 2012-1 (Refi)Deutsche Bank303.00
Highbridge Principal Strategies, LLC., Highbridge 2012-1 (Refi)Credit Suisee, BAML, Morgan Stanley276.25
Halcyon Asset Management, Halcyon 2014-3Morgan Stanley625.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Sep 2014
1 JPMorgan 46,969.96 111 10.15%
2 Citi 44,925.16 112 9.71%
3 Bank of America Merrill Lynch 40,392.62 114 8.73%
4 Barclays 40,069.35 104 8.66%
5 Credit Suisse 38,044.64 96 8.22%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 JPMorgan 4,333.47 12 0.00%
2 Deutsche Bank 4,084.61 12 0.00%
3 Bank of America Merrill Lynch 3,862.85 9 0.00%
4 HSBC 2,880.36 7 0.00%
5 RBS 2,666.67 6 0.00%