EuroWeek View: Revitalised bond market brightens gloomy loans outlook

A growing weight of evidence suggests that 2009 is shaping up to be one of the worst on record for the syndicated loan market. Loans bankers are making increasingly gloomy predictions for the usually busy start of the year but there is one ray of sunshine: corporate borrowers have taken the message on board and strong credits are already turning to the bond markets for their funding needs.

  • 19 Nov 2008
Judging by the response to even some of the best loans out there — like the £11bn facility for Aa1/AA-/AA French energy group EDF, which, after six weeks in the market, has only picked up two commitments — the going has got pretty tough in the loan market. ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%