Energy issuers flock to busy US levfin markets

A raft of issuers from the US energy sector swarmed the leveraged loan and high yield market on Monday, overcoming a brief hiccup in the market that caused three energy issuers to pull deals earlier in the month.

  • By Richard Metcalf
  • 04 Dec 2017

A number of power sector borrowers have been busy in both the term loan ‘B’ and high yield bond markets in recent weeks, with Talen Energy Supply, TerraForm Power, Calpine Corp and NRG Energy either refinancing or repricing debt.

A dip in investor sentiment in mid-November that led NRG to delay its ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 6,104.35 21 6.44%
2 Credit Agricole CIB 6,017.39 25 6.35%
3 BNP Paribas 5,679.50 22 5.99%
4 UniCredit 5,441.24 29 5.74%
5 Barclays 5,256.27 14 5.54%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,858.53 33 8.03%
2 JPMorgan 2,667.48 29 7.49%
3 Credit Suisse 2,291.44 22 6.44%
4 Goldman Sachs 2,130.55 21 5.98%
5 Deutsche Bank 1,993.88 21 5.60%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,523.06 89 9.83%
2 Citi 8,772.90 73 7.49%
3 Barclays 8,022.99 57 6.85%
4 Goldman Sachs 7,786.76 64 6.64%
5 Bank of America Merrill Lynch 7,574.81 71 6.46%