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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
  • 02 Mar 2015
1 JPMorgan 28,193.92 78 12.54%
2 Bank of America Merrill Lynch 21,287.97 91 9.47%
3 Wells Fargo Securities 15,334.12 66 6.82%
4 Mitsubishi UFJ Financial Group 11,854.21 75 5.27%
5 Mizuho 10,746.21 73 4.78%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Feb 2015
1 Standard Chartered Bank 473.53 2 20.15%
2 Sumitomo Mitsui Financial Group 148.53 2 6.32%
2 Mizuho 148.53 2 6.32%
2 JPMorgan 148.53 2 6.32%
2 HSBC 148.53 2 6.32%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Mar 2015
1 Natixis 788.45 4 10.67%
2 Santander 689.37 3 9.33%
2 SG Corporate & Investment Banking 689.37 3 9.33%
2 Credit Agricole CIB 689.37 3 9.33%
5 ING 555.79 2 7.52%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Feb 2015
1 JPMorgan 8,228.67 7 15.19%
2 Credit Agricole CIB 5,019.20 14 9.26%
3 Deutsche Bank 3,829.31 9 7.07%
4 HSBC 2,700.22 15 4.98%
5 BNP Paribas 2,415.39 14 4.46%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 Mar 2015
1 JPMorgan 48.68 19 19.55%
2 UniCredit 27.54 30 11.06%
3 BNP Paribas 12.94 35 5.20%
4 SG Corporate & Investment Banking 10.85 29 4.36%
5 Credit Agricole CIB 9.34 21 3.75%