Noble to increase revolver after attracting over 60 banks

Noble Group, the Hong Kong-based commodities company, is set to increase a $1.5bn loan to at least $2.2bn after attracting more than 60 banks to the syndicate — thanks to hefty upfront commitments from the leads that helped build momentum.

  • 11 Nov 2010

The 19 mandated lead arrangers committed $1.33bn before the deal launched, or $70m each, and they always thought it would be increased.

"This deal was launched at a level slightly below what the borrower wants to borrow to sound out demand," said a banker on the deal. "The ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%