Huawei upsizes loans to $1.5bn and finalises allocations

Chinese telecommunications giant Huawei closed general syndication last week for a loan that amassed strong demand from banks, allowing the leads to increase the size of the deal from $700m to $1.5bn.

  • By Frances J. Yoon
  • 22 Jul 2013

The deal, which closed July 10, comprises a $1.1bn US dollar tranche and a €300m ($395m) euro tranche, according to one of the bankers on the trade.

Australia and New Zealand Bank (ANZ), Citi, DBS, HSBC, SMBC and Standard Chartered acted as mandated lead arrangers and bookrunners. HSBC took $121.18m in the US ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

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

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,251.11 279 13.17%
2 Bank of America Merrill Lynch 90,895.27 265 12.06%
3 Wells Fargo Securities 72,661.39 222 9.64%
4 JPMorgan 52,367.24 169 6.95%
5 Credit Suisse 41,885.89 127 5.56%