Emirates NBD finds ‘structured liquidity solution’ to Dubai debt issues

Emirates NBD has taken out a $410m bilateral five year loan from JP Morgan, secured against the Gulf financial institution’s own portfolio of syndicated loans, according to Mohammad Kamran Wajid, general manager, institutional and international banking and debt capital markets at Emirates NBD.

  • 29 Nov 2010

The multi-currency loan has a margin of 175bp and Kamran says that one of the motivations for doing the deal was to set a new price benchmark for Gulf-based banks.

"The key message we’re trying to give on this loan is the pricing," said Wajid. "After the announcement that ...

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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
  • 16 Jan 2017
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%