Merck’s muscle wins 100% hit rate for loan

All of the banks invited to join a Eu1bn acquisition loan for Germany’s Merck did so, not letting the rare opportunity to take on new exposure to a European bluechip pass.

  • 16 Apr 2010
The pharmaceuticals group closed syndication of the three year deal — the remnants of a Eu4.2bn facility used for its February takeover of US biotechnology firm Millipore — on Tuesday. Between and 10 and 15 banks were invited to commit alongside bookrunners Bank of America Merrill Lynch, BNP ...

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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 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 11.52%
2 Bank of America Merrill Lynch 66,433.81 187 9.42%
3 Wells Fargo Securities 57,637.40 170 8.17%
4 JPMorgan 53,570.42 158 7.59%
5 Credit Suisse 45,349.30 117 6.43%