Reliance’s Infotel wraps up loan as Tata closes

Infotel Broadband Services, a subsidiary of Reliance Industries, has attracted eight banks to a $1.5bn loan that was signed and prefunded by the arrangers in December. The borrower aims to close syndication later this week but a few banks are still seeking credit approval to meet the deadline.

  • 04 Jan 2011
The two tranche loan is split between a $1bn five year loan and a $500m 5.5 year facility. Fifteen banks — ANZ, Bank of America Merrill Lynch, Bank of Nova Scotia, Barclays Capital, Bank of Tokyo-Mitsubishi, BNP Paribas, Citi, Crédit Agricole, HSBC, ING Bank, Intesa Sanpaolo, Mizuho, Royal ...

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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%