Tightening pricing tempts Glencore to takeout FSF

Swiss commodities trader Glencore will hold a bank meeting in London on Wednesday, April 7 as it seeks to raise over $7bn in the loan market.

  • 25 Mar 2010

The borrower, rated Baa2/BBB-, wants to refinance an $815m one year revolver maturing in May and to exploit shrinking margins by refinancing a $6.25bn one year forward start facility set to take effect in May 2011.

“The borrower wants to maximise its liquidity, and it’s able to take advantage ...

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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) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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%