dcsimg
Syndicated Loans

Buma turns to loan market for bond buyback cash

Indonesian coal miner Bukit Makmur Mandiri Utama (Buma) turned to the loan market to raise money to buy back one of its outstanding bonds, signing a $600m deal that it will use to redeem a $315m 11.75% 2014 bond less than a year after it priced.

  • 30 Nov 2010

The company will use the proceeds of the five year deal to repurchase the bond and refinance a $285m loan which together funded Buma’s acquisition by Northstar Pacific Partners, an Indonesian private equity fund linked to Texas Pacific Group. Northstar used another company, Delta Dunia, to buy Buma.

Loans ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 374,011.33 1102 11.88%
2 Bank of America Merrill Lynch 312,858.03 1121 9.94%
3 Citi 204,607.11 561 6.50%
4 Wells Fargo Securities 170,415.52 818 5.41%
5 Deutsche Bank 133,206.66 447 4.23%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 Standard Chartered Bank 3,642.59 13 11.51%
2 HSBC 2,817.90 16 8.90%
3 Barclays 2,758.68 14 8.72%
4 Citi 2,326.63 10 7.35%
5 BNP Paribas 1,758.71 6 5.56%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 15,856.24 31 7.99%
2 Deutsche Bank 14,666.53 45 7.39%
3 BNP Paribas 11,737.16 53 5.91%
4 Credit Agricole CIB 11,200.93 37 5.64%
5 Barclays 10,998.14 20 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 Deutsche Bank 50,391.33 134 0.00%
2 BNP Paribas 47,372.93 198 0.00%
3 Citi 37,662.62 104 0.00%
4 HSBC 33,161.34 176 0.00%
5 Credit Agricole CIB 32,463.76 136 0.00%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 Deutsche Bank 336.27 281 8.65%
2 JPMorgan 226.61 189 5.83%
3 BNP Paribas 194.75 440 5.01%
4 HSBC 174.36 427 4.48%
5 Barclays 164.19 297 4.22%