Liquidity and syndication worries cloud loans outlook

Loans bankers in Asia are optimistic about a rise in deal volumes next year, amid hopes that borrowers will increasingly turn to loans for refinancing against the backdrop of reduced quantitative easing in the US, writes Rashmi Kumar. But hand-in-hand with the positive sentiment is also a fear that too much deal flow could cause a shortage of liquidity and an absence of true syndication.

  • By Rashmi Kumar
  • 13 Dec 2013
Asia’s bankers are looking forward to 2014 in the knowledge that more than $400bn of debt is maturing next year across bonds and loans. At least half of this is expected to be refinanced via the loan market, but there could be even more if the bond market ...

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 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.94%
3 JPMorgan 92,612.23 269 8.74%
4 Wells Fargo Securities 82,597.19 239 7.80%
5 Credit Suisse 69,442.99 183 6.55%