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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
  • 15 Dec 2014
1 JPMorgan 413,349.29 1200 12.03%
1 JPMorgan 413,349.29 1200 12.03%
2 Bank of America Merrill Lynch 353,424.06 1225 10.28%
2 Bank of America Merrill Lynch 353,424.06 1225 10.28%
3 Citi 230,600.19 616 6.71%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 Standard Chartered Bank 3,848.90 15 10.61%
2 HSBC 3,029.65 18 8.35%
3 Barclays 3,006.69 16 8.29%
4 Citi 2,363.38 11 6.51%
5 BNP Paribas 1,939.21 7 5.34%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Dec 2014
1 JPMorgan 16,306.34 32 7.68%
2 Deutsche Bank 15,307.91 47 7.21%
3 BNP Paribas 13,198.38 59 6.22%
4 Barclays 11,960.74 22 5.63%
5 Credit Agricole CIB 11,511.37 39 5.42%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 BNP Paribas 52,063.11 222 7.03%
2 Deutsche Bank 51,241.89 139 6.92%
3 Citi 40,105.19 112 5.41%
4 JPMorgan 36,476.66 84 4.92%
5 Credit Agricole CIB 36,447.56 151 4.92%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Dec 2014
1 Deutsche Bank 360.85 313 8.66%
2 JPMorgan 239.39 210 5.75%
3 BNP Paribas 211.82 516 5.09%
4 Barclays 185.75 344 4.46%
5 HSBC 181.78 500 4.36%