Novatek hits rich reserves for club loan

Russian gas firm Novatek has signed its loan at $1.5bn — $500m more than the launch amount, as emerging market lenders continue to pile into deals to try to make up for the low volumes available.

  • By Michael Turner
  • 18 Jun 2013

Novatek arranged the club deal itself, while Barclays co-ordinated the banking group. Bank of America, Bank of Tokyo-Mitsubishi, Crédit Agricole, Mizuho, Nordea, RBI, Royal Bank of Scotland, Sumitomo Mitsui Banking Corp, Société Générale and Rosbank joined the deal.

The loan, which signed late last week, has a five year tenor. ...

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 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%