Promsvyazbank plans $300m loan, rules out Eurobonds for 2011

Promsvyazbank plans to issue a standalone syndicated loan of around $300m with a one to three year maturity before the end of this year, said Artem Konstandian, president of Promsvyazbank. However, he ruled out the possibility of issuing another Eurobond this year and said it was too early to say how it will borrow next year.

  • 14 Jul 2011
Last year it signed a $250m one and three year loan with the support of the European Bank for Reconstruction and Development (EBRD). The ‘A/B’ structured loan was split between a $150m one year commercially backed tranche which carried a margin of 275bp and a $100m three year ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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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%