SM Investments nets 12 in general for $300m loan

A group of 12 banks have joined SM Investments Corp’s $300m five year loan, with syndication now closed. Although the deal is oversubscribed when taking into account the bookrunners’ commitments, the loan is unlikely to increase, according to a banker working on the transaction.

  • By Rashmi Kumar
  • 30 Sep 2013

The 12 lenders have collectively committed $270m, adding to the pledges made by original bookrunners and mandated lead arrangers Bank of Tokyo Mitsubishi-UFJ, CTBC Financial Holding and Standard Chartered.

But despite the oversubscription, the Philippine company will not raise the deal size as it is already pre-funded, ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%