European corporates face Eu565bn refinancing

European companies need to refinance Eu330bn of debt before the end of the year, Standard & Poor’s warned yesterday (Monday). The rating agency added that companies’ refinancing risks were a “significant ratings driver”. S&P, having assessed over 550 European credits that it rates, said in a new report that a further Eu235bn of debt would need to be refinanced in 2010.

  • 31 Mar 2009

“In 2009, our data indicate that companies in the ‘A’ and ‘BBB’ categories have the largest amount of absolute debt to be refinanced — Eu130.5bn and Eu115.4bn respectively,” said Chris Dinwoodie, an S&P analyst. “A similar trend is reflected [for 2010].

“However, refinancing risk in coming quarters is in ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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%