L&T opens up $370m deal in general

Indian conglomerate Larsen & Toubro launched its $370m five year amortising loan into general syndication on September 9, pricing the deal at 125bp over dollar Libor.

  • By Rashmi Kumar
  • 09 Sep 2013

Australia and New Zealand Bank, Bank of Tokyo Mitsubishi-UFJ, HSBC, Mizuho Bank, Royal Bank of Scotland and Sumitomo Mitsui Banking Corp are the bookrunners, and are offering lenders two levels to join.

Lead arrangers committing $25m and above earn an all-in of 154bp, while co-arrangers chipping in ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%