Jindal Steel mandates eight for $400m loan

Eight banks have been mandated for Jindal Steel and Power’s $400m five year loan, and plan to price the deal with all-ins of around 320bp over Libor, which bankers say will be more than enough to attract plenty of demand.

  • 27 Mar 2013
Australia and New Zealand Bank, Bank of America Merrill Lynch, Barclays Capital, BNP Paribas, Crédit Agricole, Deutsche Bank, Standard Chartered and Royal Bank of Scotland have been named the leads on the deal after they cleared the credit approval stage, according to a banker familiar with the loan. ...

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
  • Today
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%