Vietnam loan pipeline looks bleak despite Petro success

PetroVietnam Exploration Production Corp has proved that Vietnamese borrowers can attract good demand in the loan market. But amid shrinking borrowing plans and rising questions about the country’s economy, loans bankers complain that the deal means little. They say the problem is that the pipeline is empty, writes Matthew Thomas.

  • 26 Oct 2012
The volume of dollar loans closed by Vietnamese borrowers in the third quarter was almost 90% down on the same period last year, and more than 70% below the third quarter of 2010. But despite the apparent success of a loan from PetroVietnam — which is hoping to ...

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 82,406.77 239 12.85%
2 Bank of America Merrill Lynch 71,317.58 219 11.12%
3 Wells Fargo Securities 62,984.09 198 9.82%
4 JPMorgan 45,920.23 145 7.16%
5 Credit Suisse 37,235.50 114 5.81%