More M&A to come as borrowers take confidence from BHP and Sanofi

A glut of corporate borrowers could be tempted to bring acquisition deals to the European market, having seen the success of recent acquisition loans. Bankers expect M&A activity to increase as borrowers take confidence from a BHP Billiton’s $45bn facility backing its hostile bid for Potash Corp and a syndicated loan supporting Sanofi-Aventi’s offer for Genzyme.

  • 31 Aug 2010
“We’ve really gone from famine to feast for new money deals,” said a loans banker. “The fact that these types of amounts can be obtained should give clients confidence that a lack of funding is not going to stop them making acquisitions. While we’ve been saying all year ...

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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
  • 23 Jan 2017
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%