Ulker loan proves tempting for bankers

Turkish snack food producer Ulker Biskuvi Sanayi has signed a $314m-equivalent two year syndicated loan after approaching the market for the deal in mid September.

  • 03 Dec 2012

The deal is split between a $138m tranche and a €135m ($176m) piece that pays a margin of 340bp over Libor and Euribor, respectively. It was oversubscribed by around $114m, after Ulker launched the facility at $200m.

Bank of America Merrill Lynch acted as initial mandated lead arranger, ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%