No more slow-burning cash as RWE sets tone with jumbo

RWE gave the loan market a small amount of encouragement this week after mandating the first jumbo deal of 2009.

  • 16 Jan 2009

The German utility secured a Eu9bn facility to back its cash bid for Essent, a Dutch peer.

Ten banks provided the debt: Barclays Capital, BNP Paribas, Calyon, Commerzbank, Credit Suisse, HVB, JPMorgan, LBBW, Société Générale and WestLB.

The loan has a one year tenor, although half of it can be ...

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%