Maturing corporate bonds to outstrip loan refi needs

Investment grade corporate borrowers have more bond debt than loan facilities to refinance before the end of 2014, according to a new report by Moody’s. Of the $1tr of European corporate debt due to mature in the next four years, 63% consists of bond debt, leaving just 37% as bank debt.

  • 29 Oct 2010
While investment grade borrowers have $114bn and $119bn of loans to refinance in 2011 and 2012 respectively, their refinancing needs fall to $90bn and $59bn in 2013 and 2014. In contrast, the amount of bond maturities that will need to be refinanced increase annually to $206bn in 2014, ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%