UBS Fires Up Super Senior Debut In Japan

UBS started marketing its first managed leveraged super senior synthetic collateralized debt obligation in Japan.

  • 28 Oct 2005
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UBS started marketing its first managed leveraged super senior synthetic collateralized debt obligation in Japan. "Super senior deals still offer relative value and there's almost 0% default risk," said an official at the firm. He continued that given the recent volatility in the credit markets, with Delphi Corp. and Refco as examples, clients in Japan are shifting away from static deals to managed transactions. The firm is currently in dialogue with customers and rating agencies and expects to close the deal in coming weeks. The official noted the deal will be referenced to a pool of global credits and will be looked over by a U.S. manager, declining to further elaborate.

Interest in leveraged super senior deals has picked up in recent months, with such houses as BNP Paribas and JPMorgan closing deals in Japan (DW, 8/12).

  • 28 Oct 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Emirates NBD PJSC 408.38 1 31.73%
2 SG Corporate & Investment Banking 166.67 1 12.95%
2 JPMorgan 166.67 1 12.95%
2 Credit Agricole CIB 166.67 1 12.95%
5 Morgan Stanley 59.80 1 4.65%