Royal Mail draws UK lenders with IPO loan

A £1.4bn loan backing the privatisation of Royal Mail is pulling in strong support from UK lenders. The new facilities have been launched to syndication before a £2bn-£3bn IPO this year.

  • By Nina Flitman
  • 13 Jun 2013

Although market participants across the EMEA region believe that the transaction will be well covered, bankers working on the facility and away from it expect it to be a very UK-dominated transaction — unsurprising, given that all the borrower’s ancillary business is likely to be domestic. 

“This will ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%