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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 May 2015
1 JPMorgan 125,164.29 337 11.77%
2 Bank of America Merrill Lynch 103,693.87 366 9.75%
3 Mizuho 61,501.06 286 5.78%
4 Wells Fargo Securities 60,018.70 265 5.64%
5 Mitsubishi UFJ Financial Group 57,070.58 366 5.36%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 HSBC 2,027.10 6 10.07%
2 Standard Chartered Bank 1,777.10 4 8.83%
3 Mitsubishi UFJ Financial Group 1,728.57 4 8.59%
4 Sumitomo Mitsui Financial Group 1,452.10 4 7.21%
5 Deutsche Bank 1,428.57 3 7.10%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 Deutsche Bank 5,707.83 24 9.23%
2 UniCredit 5,330.85 23 8.62%
3 JPMorgan 5,060.79 17 8.18%
4 BNP Paribas 4,006.52 29 6.48%
5 Goldman Sachs 3,482.50 15 5.63%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 JPMorgan 17,536.22 31 8.15%
2 Deutsche Bank 13,908.31 50 6.47%
3 BNP Paribas 11,126.04 65 5.17%
4 HSBC 10,623.80 56 4.94%
5 Credit Agricole CIB 10,593.99 45 4.93%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 JPMorgan 80.61 70 7.82%
2 UniCredit 52.28 110 5.07%
3 Deutsche Bank 51.41 100 4.98%
4 BNP Paribas 49.72 168 4.82%
5 Credit Agricole CIB 47.57 121 4.61%