UAE Exchange signs oversubscribed $125m loan

UAE Exchange, a global remittance and currency exchange firm, has signed a $75m five year term loan and $50m revolver with a group of regional and international lenders.

  • 17 May 2011

Union National Bank was bookrunner and mandated lead arranger on the deal, which paid a margin of 425bp and had an all-in of more than 500bp.

The deal was almost 40% oversubscribed. “The transaction struggled a little in the first few weeks,” said a banker close to the deal. ...

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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 %
  • Last updated
  • Today
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%