Dubai’s GEMS Education pencils in $1.2bn loan launch

Global Education Management Systems (GEMS) Education of Dubai is to launch a $1.2bn syndicated loan, ahead of its planned initial public offering early next year.

  • By Bianca Boorer
  • 04 Oct 2017

The facility will have conventional and Islamic tranches and a maturity of seven years.

GEMS Education has schools in 14 countries across the Middle East, Africa, Europe, Asia Pacific, the Americas and India.

The company plans to use the funds for its expansion plans and to refinance debt. ...

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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 310,220.57 1073 10.72%
2 JPMorgan 278,469.02 988 9.62%
3 Citi 193,818.19 606 6.70%
4 Wells Fargo Securities 158,232.94 729 5.47%
5 Barclays 113,761.01 485 3.93%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,666.99 10 13.68%
2 Citi 3,086.50 9 11.52%
3 First Abu Dhabi Bank 2,644.31 11 9.87%
4 SG Corporate & Investment Banking 1,875.20 6 7.00%
5 JPMorgan 1,496.41 4 5.58%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,273.45 69 7.09%
2 BNP Paribas 15,649.19 99 6.42%
3 Goldman Sachs 13,736.97 57 5.64%
4 HSBC 12,718.21 83 5.22%
5 Deutsche Bank 12,330.52 72 5.06%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,312.86 161 6.59%
2 Deutsche Bank 34,194.98 116 6.57%
3 Bank of America Merrill Lynch 31,113.25 94 5.98%
4 BNP Paribas 27,479.75 167 5.28%
5 SG Corporate & Investment Banking 23,982.83 136 4.61%

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%