Bumi issues $700m to repay debt, converts loans to equity

Indonesia’s Bumi Resources sold a $700m seven non-call four bond at the end of last week, kicking off a plan to pay off short term debt with longer term borrowings only days before it converted $362m of debt into equity.

  • 07 Oct 2010

Credit Suisse, Deutsche Bank and JPMorgan managed the deal, which came at the end of a week of heavy issuance in Asia. They had sounded out investors with guidance of 10.75%-11%, and ended up pricing the issue at the tight end after getting strong demand.

The company will use ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Feb 2017
1 JPMorgan 1,555.65 4 10.62%
2 Scotiabank 1,078.68 3 7.37%
3 BNP Paribas 964.36 3 6.59%
4 Goldman Sachs 935.56 3 6.39%
5 Bank of America Merrill Lynch 928.68 2 6.34%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 Credit Suisse 1,022.91 14 9.38%
2 Deutsche Bank 975.14 10 8.94%
3 Bank of America Merrill Lynch 875.05 8 8.02%
4 Citi 847.97 7 7.77%
5 HSBC 789.16 11 7.23%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Feb 2017
1 JPMorgan 5,218.36 38 11.12%
2 Bank of America Merrill Lynch 3,911.34 36 8.33%
3 Credit Suisse 3,673.68 24 7.83%
4 Citi 3,657.00 24 7.79%
5 Jefferies LLC 3,166.33 8 6.75%