Norilsk finds small seam as general draws to close

Russian metals and mining firm Norilsk Nickel is due to sign the general syndication stage of its $2.1bn loan imminently. Only two banks have joined the deal during general, after a highly successful senior stage.

  • By Michael Turner
  • 20 Sep 2013

Norilsk launched the loan into general at the beginning of June. The senior stage saw the loan oversubscribed and lenders scaled back after the borrower increased the deal from $2bn.

The general stage has largely been a relationship exercise, according to loans bankers from the senior group. Ticket ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

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%