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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
  • Today
1 JPMorgan 361,725.81 1266 12.64%
2 Bank of America Merrill Lynch 286,878.58 1019 10.03%
3 Citi 185,975.71 516 6.50%
4 Wells Fargo Securities 151,774.09 733 5.31%
5 Deutsche Bank 113,945.68 421 3.98%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 Standard Chartered Bank 3,592.70 11 11.57%
2 HSBC 2,817.90 16 9.08%
3 Barclays 2,758.68 14 8.88%
4 Citi 2,326.63 10 7.49%
5 BNP Paribas 1,758.71 6 5.66%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,937.42 34 8.18%
2 Deutsche Bank 14,483.54 44 7.43%
3 BNP Paribas 11,452.31 51 5.88%
4 Credit Agricole CIB 11,017.95 36 5.65%
5 Barclays 10,815.16 19 5.55%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 BNP Paribas 44,654.86 181 7.42%
2 Citi 34,264.52 95 5.69%
3 Deutsche Bank 34,196.96 122 5.68%
4 Credit Agricole CIB 30,386.38 125 5.05%
5 Barclays 28,523.19 106 4.74%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 297.98 254 8.07%
2 JPMorgan 222.23 193 6.02%
3 BNP Paribas 191.17 409 5.18%
4 HSBC 166.11 398 4.50%
5 Barclays 160.63 280 4.35%