STOCK TITAN

Barclays appoints Na Wei as Global Head of Leveraged Finance

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Barclays appoints Na Wei as Global Head of Leveraged Finance, achieving a top three ranking in 2023 according to Dealogic data. Ms. Wei instrumental in increasing Barclays' market share with top Financial Sponsors clients. Leveraged Finance integral to Barclays' investment banking business, with a strong franchise and involvement in top high yield bond and leveraged loan deals in 2024.
Positive
  • None.
Negative
  • None.

With close to 20 years of experience in the Leveraged Finance market, Ms. Wei has extensive industry and product expertise, as well as proven leadership skills and a relentless focus on client coverage

NEW YORK--(BUSINESS WIRE)-- Barclays today announces the appointment of Na Wei as Global Head of Leveraged Finance, reporting to Travis Barnes and Tom Johnson, Global Co-Heads of Capital Markets at Barclays.

Under Ms. Wei’s leadership of Barclays’ Leveraged Finance business in EMEA the firm achieved a top three ranking in 2023 according to Dealogic data, up from number seven in 2022. Ms. Wei has also been instrumental in materially increasing Barclays’ market share with the firm’s top twenty Financial Sponsors clients.

Commenting on Ms. Wei’s expanded role, Travis Barnes said, “As the financing market continues to evolve and become more complex, we are confident that under Na’s leadership we will be best positioned for future success. Na has a proven track record of growing business and market share, and of standout service for our clients.”

Tom Johnson added, “Through her leadership of the EMEA franchise, Na installed a disciplined focus on delivering strategic capital to our most important clients. We firmly believe that she can replicate this mindset across our global business, putting us in the strongest possible position to further increase our market share in the US and globally.”

Leveraged Finance is an integral part of Barclays’ investment banking business, providing a key strategic touch point with our clients across multiple investment banking products. Barclays has a strong Leveraged Finance franchise, with a year to date global ranking of number three according to Dealogic data. Barclays has been involved in four of the top five high yield bond deals in 2024, leading NGL Energy Partner’s dual-tranche $2.2bn deal and serving as joint bookrunner on two others (HUB International’s $3bn deal and CSC (Altice USA)’s $2.1bn deal). In addition, Barclays was joint-books on two of the top five leveraged loans deals (Inspire Brands $4.3bn-sole books and SBA Communications $4.1bn). Barclays was sole physical bookrunner on five leveraged loan transactions of over $1bn in value in January (Inspire Brands $4.3bn, Jane Street $3.0bn, Oryx Midstream $1.8bn, WestJet $1.5bn and Primary Products $1.0bn).

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. For further information about Barclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank

Barclays Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research businesses. It provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs. For further information about Barclays Corporate and Investment Bank, please visit our website www.cib.barclays.

Andrew Smith

212 412 7521

andrew.x.smith@barclays.com

Source: Barclays

FAQ

Who has been appointed as Global Head of Leveraged Finance at Barclays?

Na Wei has been appointed as Global Head of Leveraged Finance at Barclays.

What was Barclays' ranking in 2023 according to Dealogic data?

Barclays achieved a top three ranking in 2023 according to Dealogic data.

What high yield bond deals was Barclays involved in in 2024?

Barclays led NGL Energy Partner's dual-tranche $2.2bn deal and served as joint bookrunner on two others (HUB International's $3bn deal and CSC (Altice USA)'s $2.1bn deal).

What leveraged loan deals was Barclays involved in in 2024?

Barclays was joint-books on two of the top five leveraged loans deals (Inspire Brands $4.3bn-sole books and SBA Communications $4.1bn). Barclays was sole physical bookrunner on five leveraged loan transactions of over $1bn in value in January (Inspire Brands $4.3bn, Jane Street $3.0bn, Oryx Midstream $1.8bn, WestJet $1.5bn and Primary Products $1.0bn).

Barclays PLC

NYSE:BCS

BCS Rankings

BCS Latest News

BCS Stock Data

38.52B
14.58B
4.17%
0.84%
Commercial Banking
Finance and Insurance
Link
United States of America
1 Churchill Place

About BCS

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.