PKN Orlen signs increased loan at over $2.6bn

Polish oil firm PKN Orlen has signed a Eu2.625bn five year one plus one refinancing loan. The size was increased following an oversubscription from a group of 14 banks. The initial margin is 135bp based on a leverage grid.

  • 06 May 2011

BTMU was sole co-ordinator and bookrunner. Bank Polska Kasa Opieki, Bank Handlowy w Warszawie, Bank Zachodni, BNP Paribas, BRE Bank, DnB NOR Bank, Crédit Agricole, Erste Bank, ING, Nordea Bank Polska, Rabobank Polska, Société Générale and UniCredit joined the deal.

The borrower last approached the loan market in April ...

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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%