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
  • Today
1 Bank of America Merrill Lynch 247,438.47 844 10.68%
2 JPMorgan 221,491.20 794 9.56%
3 Citi 153,163.91 473 6.61%
4 Wells Fargo Securities 119,403.00 577 5.15%
5 Barclays 97,061.00 391 4.19%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,571.16 8 16.74%
2 Citi 3,053.17 8 14.31%
3 First Abu Dhabi Bank 2,548.48 9 11.95%
4 JPMorgan 1,463.08 3 6.86%
5 SG Corporate & Investment Banking 1,375.20 5 6.45%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,887.75 55 6.77%
2 BNP Paribas 12,922.24 69 6.29%
3 Goldman Sachs 11,801.80 45 5.75%
4 Deutsche Bank 11,123.41 61 5.42%
5 Bank of America Merrill Lynch 10,782.14 44 5.25%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,971.26 117 7.01%
2 Deutsche Bank 27,415.35 91 6.63%
3 Bank of America Merrill Lynch 25,509.39 71 6.17%
4 BNP Paribas 21,729.97 121 5.26%
5 Credit Agricole CIB 19,966.59 113 4.83%

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%