Poor loan supply could help Melco’s jumbo

Melco Crown Entertainment could be helped by the weak supply of Asian loans over the last few months, as bankers that have struggled to generate bookrunner slots start to lower their expectations and resign themselves to getting lesser positions on loans.

  • 13 Nov 2012
Studio City, the latest Melco Crown development in Macau, is pitching both bond investors and loans bankers at the same time, after kicking off the roadshow for an $825m bond at the same time that bankers attempt to generate demand for a selldown of part of a $1.4bn ...

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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 20.70
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 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 10.87%
2 JPMorgan 33,785.84 96 9.02%
3 Wells Fargo Securities 31,464.27 90 8.40%
4 Bank of America Merrill Lynch 29,270.38 93 7.81%
5 Credit Suisse 23,189.41 72 6.19%