AIB Hires Project Finance Pro...

  • 03 Feb 2002
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Allied Irish Bank has hired Vaughn Buck, a project finance pro from NRG Energy, to bolster its emerging project finance team in North America. AIB has been operating for a while in Europe, but the project financing capabilities are being extended to the U.S., said Paul Carey, director, corporate banking for AIB in New York. The recently established team of 12, set up about a year ago, concentrates on acquisition finance, leveraged finance, and is moving up in project finance, he said. AIB has already participated on some deals, but is indicating a long-term commitment to the market, while the sector is facing some short-term problems, he said.

A rival banker thought now could be a good time to make a move as U.S. firms analyze exposure, but said, "unfortunately the whole market is falling apart. Enron is having worse repercussions than anybody could imagine. Accounting concerns are not helping, the banker said. "People are antsy because they saw what happened to Enron."

  • 03 Feb 2002

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,505.59 4 13.16%
2 SG Corporate & Investment Banking 1,292.64 1 11.30%
2 Rabobank 1,292.64 1 11.30%
4 Wells Fargo Securities 942.61 3 8.24%
5 Mizuho 875.48 2 7.65%