7 Days keeps syndication small with just three invitations

The leads working on Chinese hotel chain 7 Days Group Holdings’ $120m loan are inviting only three banks to join as participants, in an attempt to keep the syndication small. The deal is already oversubscribed at the top level with no plans for a general launch, said a banker close to the deal.

  • 08 May 2013

Bank of East Asia and Yuanta Commercial Bank are two of the lenders that have been invited to join the five year deal, alongside one more Hong Kong bank, according to the banker.

All three have been asked to join as participants, with a minimum commitment of $10m: ...

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%