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
  • 30 May 2016
1 JPMorgan 121,160.17 378 11.35%
2 Bank of America Merrill Lynch 118,740.40 413 11.13%
3 Citi 80,323.78 207 7.53%
4 Wells Fargo Securities 65,957.58 286 6.18%
5 Mizuho 58,212.97 320 5.45%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 May 2016
1 Bank of China 1,944.44 2 14.85%
2 Sumitomo Mitsui Financial Group 953.97 3 7.29%
2 Mitsubishi UFJ Financial Group 953.97 3 7.29%
4 Mizuho 811.11 2 6.20%
5 National Bank of Abu Dhabi PJSC 658.23 4 5.03%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 7,981.10 24 12.70%
2 HSBC 6,921.01 15 11.01%
3 JPMorgan 6,430.39 10 10.23%
4 Credit Suisse 5,915.60 6 9.41%
5 Rabobank 5,516.96 3 8.78%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 May 2016
1 UniCredit 12,701.79 49 7.31%
2 HSBC 10,564.64 41 6.08%
3 Barclays 10,439.06 10 6.01%
4 Morgan Stanley 9,604.70 6 5.53%
5 Citi 9,178.92 27 5.28%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2016
1 HSBC 35.45 69 6.71%
2 BNP Paribas 31.67 78 5.99%
3 ING 31.21 74 5.90%
4 Citi 22.60 36 4.27%
5 Deutsche Bank 21.89 32 4.14%