ICD loan breezes past launch amount

Investment Corporation of Dubai (ICD) has become the first of three Dubai firms with live deals in the syndicated loan market to close a transaction, signing an oversubscribed $2.55bn facility on Monday.

  • By Gerald Hayes
  • 14 Jun 2013

The state-owned firm launched the five year deal at $2bn in March. The facility is split between conventional and Islamic tranches.

ICD appointed Abu Dhabi Commercial Bank, Citi, Commercial Bank of Dubai, Emirates NBD and HSBC as mandated lead arrangers on the conventional portion of the loan.

Abu ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@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 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%