Iolaus reaches end of trek as Morgan Stanley carves super-senior bond to bring in buyers

  • 26 Sep 2003

Morgan Stanley this week completed Iolaus, the 15th offering in its ELoC programme.

After more than a month of marketing and extensive restructuring to soothe investor fears over portfolio concentrations, the deal was priced in line with price talk.

European Loan Conduit No 15 plc (Iolaus) refinances 11 loans originated ...

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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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
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1 RBC Capital Markets 251.51 1 25.00%
1 MUFG 251.51 1 25.00%
1 Credit Agricole CIB 251.51 1 25.00%
1 Bank of America Merrill Lynch 251.51 1 25.00%
Subtotal 1,006.02 1 100.00%