dcsimg
Securitization - CLO/CDO

Nufarm agrees bridge to replace breached bilaterals

Nufarm, the Australian agrichemicals company, has agreed a A$900m ($867m) one year facility to replace a series of bilateral loans. The firm was forced to rethink its borrowing strategy after breaching two covenants earlier this year.

  • 30 Nov 2010

ANZ, HSBC, National Australia Bank and Rabobank are providing the 12 month loan, and Rabobank has been mandated to prepare longer term funding. This will comprise a A$600m syndicated loan and a A$300m asset-backed securitisation to refinance the one year facility in 2011.

“Nufarm can now refocus on its ...

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)
GSO/Blackstone Debt Funds Management LLC., Gramercy Park CLO (Refi)Credit Suisse455.45
Par-Four Investment Management, LLC., Tralee IIIDeutsche Bank462.67
Cutwater Asset Management Corp. Cutwater 2014-INatixis415.40

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 07 Jul 2014
1 JPMorgan 37,961.58 91 10.52%
2 Citi 37,181.08 92 10.31%
3 Bank of America Merrill Lynch 35,017.20 95 9.71%
4 Barclays 31,529.48 76 8.74%
5 Credit Suisse 26,949.65 73 7.47%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Jul 2014
1 Deutsche Bank 3,489.39 10 0.00%
2 JPMorgan 3,403.38 9 0.00%
3 RBS 2,666.67 6 0.00%
4 Barclays 2,655.81 8 0.00%
5 Lloyds Banking Group 2,495.62 6 0.00%
Z