African Bank

  • By Gerald Hayes
  • 14 Feb 2014

Rating: Baa3/-/-

Amount: Sfr165m

Maturity: August 28, 2018

Issue price: 100.00

Fixed reoffer price: 100.00

Coupon: 5%

Spread at reoffer: mid-swaps plus 459.9bp

Launched: Monday February 10

Payment date: February 28

Joint books: Credit Suisse, UBS

Bookrunners’ comment:

We offered guidance at a yield range of 4.875%-5.125% on Monday morning for a minimum Sfr100m deal and were able to ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 47,881.49 152 10.95%
2 JPMorgan 40,615.47 114 9.29%
3 Wells Fargo Securities 37,061.63 106 8.48%
4 Bank of America Merrill Lynch 32,097.67 104 7.34%
5 Credit Suisse 28,257.94 85 6.46%