China Merchants Bank makes CLO debut, sells Rmb4bn ($584m)

China Merchants Bank sold its debut collateralised loan obligation (CLO) on Friday, raising over Rmb4bn ($585m) in China’s embryonic structured finance market. It is the second Chinese CLO in a matter of weeks, and marks the end to almost seven months of inactivity in the Chinese structured finance market.

  • 04 Nov 2008
On top of last week’s transaction, there was another debut last month as China CITIC Bank sold its own loan securitisation. The two deals, both arranged by Standard Chartered, have a combined size of Rmb8.17bn ($1.2bn). This is a significant addition to China’s nascent securitisation market, which had ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%