Norilsk delays as eurozone woes take toll

The commitment deadline for the highly anticipated Norilsk Nickel $1.5bn pre-export finance transaction has been pushed back by up to 10 days as the final banks to join take extra time to evaluate their interest.

  • 02 Dec 2011

Commitments had been due by Friday, but increasing external pressure from the eurozone sovereign crisis has meant that the underwriters have given the banking group longer to make their decisions.

"I can’t really say it’s a concern," said a banker with knowledge of the deal. "The transaction has ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: 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
  • 27 Mar 2017
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%