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)
CVC Credit PartnersCiti497.50
BNP Paribas Asset ManagementRBS335.80
GLG PartnersMorgan Stanley338.40

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Suisse 17,244.96 47 10.25%
2 Bank of America Merrill Lynch 16,424.36 55 9.77%
3 Wells Fargo Securities 16,171.10 55 9.62%
4 Citi 15,175.34 48 9.02%
5 JPMorgan 14,935.65 46 8.88%

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Apr 2015
1 Deutsche Bank 3,597.40 7 6.30%
2 Citi 3,261.24 8 5.71%
3 Credit Suisse 2,314.86 7 4.06%
4 Barclays 1,910.64 5 3.35%
5 Santander 1,815.11 7 3.18%