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, ...

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 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%