MDM sets highest all-in price at 600bp

MDM Bank is offering three ticket levels for all-in margins ranging between 560bp over Libor and 600bp over on the $175m facility that it launched on Wednesday evening. The deal is set to test the market as the first syndication for a Russian bank borrower this year.

  • 03 Sep 2009

Potential participants said on Thursday that it was still unclear how these pricing levels would be received by lenders, as there have been no other benchmark facilities this year.

One banker away from the deal added that several months ago, when MDM began negotiations with potential deal arrangers, ...

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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%