Etisalat Nigeria close to agreement with lenders

Etisalat Nigeria is in the “advanced stage” of its negotiations with 13 local banks over the restructuring of a $1.2bn loan taken out in 2013, according to the company.

  • By Bianca Boorer
  • 19 Jun 2017

The announcement was in response to reports that its largest shareholder Mubadala Development Company was pulling its investment in the company.

“Etisalat Nigeria is aware of news reports to the effect that Mubadala Development Company, the majority shareholder of the company is exiting the business,” said Ibrahim Dikko, vice president of regulatory ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Jun 2017
1 Bank of America Merrill Lynch 152,023.83 542 10.73%
2 JPMorgan 131,970.16 468 9.31%
3 Citi 95,638.59 284 6.75%
4 Wells Fargo Securities 76,462.12 373 5.40%
5 Deutsche Bank 66,070.01 232 4.66%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,341.79 7 24.00%
2 Citi 2,356.24 6 16.92%
3 JPMorgan 1,463.08 3 10.51%
4 First Abu Dhabi Bank 1,053.55 6 7.57%
5 Standard Chartered Bank 716.79 5 5.15%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Goldman Sachs 10,231.82 32 7.84%
2 JPMorgan 8,649.53 32 6.63%
3 Deutsche Bank 7,504.04 42 5.75%
4 BNP Paribas 7,457.95 38 5.72%
5 Credit Suisse 6,678.77 32 5.12%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 23,872.07 69 7.51%
2 HSBC 22,917.32 87 7.21%
3 Bank of America Merrill Lynch 21,041.05 53 6.62%
4 Credit Agricole CIB 16,494.05 88 5.19%
5 BNP Paribas 15,927.70 94 5.01%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2016
1 HSBC 35.45 69 6.71%
2 BNP Paribas 31.67 78 5.99%
3 ING 31.21 74 5.90%
4 Citi 22.60 36 4.27%
5 Deutsche Bank 21.89 32 4.14%