Bluechips go for jumbo refis as margins fall

Corporate borrowers are becoming increasingly confident in the capacity of the European investment grade loan market, leading to a spate of jumbo refinancings. Anheuser-Busch InBev, Gas Natural and Philip Morris have all launched deals in the market this week as margins continue to shrink.

  • 12 Mar 2010

Although some bankers are frustrated not to see more new money deals, such as the acquisition financing from Merck (see corporate bonds section), most welcomed the increased flow in the market.

"Recently there’s been a real problem in the lack of deals of a decent size, so to ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,029 20 10.95
2 Bank of America Merrill Lynch (BAML) 6,703 19 10.45
3 JP Morgan 4,776 10 7.44
4 Credit Suisse 4,718 9 7.35
5 Deutsche Bank 4,262 13 6.64

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 Wells Fargo Securities 67,591.81 167 11.54%
2 Bank of America Merrill Lynch 57,568.62 162 9.83%
3 JPMorgan 55,390.36 159 9.46%
4 Citi 55,051.46 160 9.40%
5 Credit Suisse 43,756.73 120 7.47%