Glencore pulls in 91 lenders for refi, increases to $12.8bn

Glencore, the Switzerland-based commodities trading firm, signed $12.8bn of new syndicated loans on Wednesday to replace its existing revolving credit lines.

  • 27 Apr 2012

The size was increased from a planned $10bn after the transaction was heavily oversubscribed and 91 banks flooded into the deal.

Recently, Glencore attracted commitments of $11bn from 31 banks for its $3.1bn loan backing its proposed merger with Xstrata, and its refinancing exercise seem to have been equally ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%