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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.

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Aug 2014
1 JPMorgan 307,117.14 1118 13.34%
2 Bank of America Merrill Lynch 231,853.77 813 10.07%
3 Citi 138,952.88 422 6.04%
4 Wells Fargo Securities 124,058.03 581 5.39%
5 Mizuho 91,399.24 390 3.97%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 Standard Chartered Bank 2,342.70 9 0.00%
2 HSBC 2,019.57 12 0.00%
3 Barclays 1,965.83 11 0.00%
4 JPMorgan 1,600.25 8 0.00%
5 Citi 1,441.68 8 0.00%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 12,405.15 36 8.56%
2 JPMorgan 12,019.26 27 8.29%
3 BNP Paribas 9,488.40 39 6.55%
4 Credit Agricole CIB 8,423.28 24 5.81%
5 Morgan Stanley 8,021.03 10 5.53%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 BNP Paribas 33,407.13 146 7.29%
2 Credit Agricole CIB 24,087.32 95 5.26%
3 HSBC 22,641.67 129 4.94%
4 Commerzbank Group 21,926.63 119 4.78%
5 Barclays 21,621.73 86 4.72%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 437.26 205 0.00%
2 JPMorgan 368.02 164 0.00%
3 BNP Paribas 320.64 328 0.00%
4 HSBC 273.83 323 0.00%
5 Credit Agricole CIB 234.60 218 0.00%