B of A Back To Market With Ashland Bank Deal

Bank of America is in the market to resyndicate a $1.6 billion deal for Ashland Chemical Co., which the bank had launched last fall to finance the company’s acquisition of Hercules.

  • 20 May 2009

--Libby Sallaberry

Bank of America is in the market to resyndicate a $1.6 billion deal for Ashland Chemical Co., which the bank had launched last fall to finance the company’s acquisition of Hercules. The deal was later pulled and funded by the bank in light of tight credit markets.

The ...

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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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 95,041.28 268 11.13%
2 Bank of America Merrill Lynch 79,274.93 221 9.29%
3 Wells Fargo Securities 69,765.48 197 8.17%
4 JPMorgan 69,438.13 198 8.13%
5 Credit Suisse 57,820.17 147 6.77%