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 BNP Paribas 13,295 25 18.56
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.25
3 Lloyds Bank 6,979 21 9.74
4 Citi 6,256 16 8.73
5 JP Morgan 5,220 8 7.29

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 104,427.74 298 10.96%
2 Bank of America Merrill Lynch 86,347.40 249 9.06%
3 JPMorgan 80,990.39 237 8.50%
4 Wells Fargo Securities 77,934.65 225 8.18%
5 Credit Suisse 63,570.21 165 6.67%