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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 ...

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CLO

IssuerArrangerSize ($M)
Anchorage Capital ManagementJP Morgan569.93
New Star FinancialWells Fargo496.07
Silvermine CapitalCitigroup512.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Mar 2015
1 JPMorgan 11,224.72 33 5.59%
2 Wells Fargo Securities 10,387.41 40 5.17%
3 Citi 8,509.32 31 4.23%
4 Barclays 8,350.12 29 4.16%
5 Bank of America Merrill Lynch 7,435.79 31 3.70%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Mar 2015
1 Deutsche Bank 2,493.57 5 15.94%
2 Citi 1,730.47 5 11.06%
3 Santander 1,521.43 5 9.73%
4 Bank of America Merrill Lynch 1,145.80 6 7.32%
5 RBS 1,093.47 4 6.99%