StanChart steps up with £400m loan for HCL

Standard Chartered has sole underwritten a £400m ($655m) acquisition loan for an Indian borrower in one of the biggest financing commitments by a single bank since the credit crisis took hold of the Asian loan market in September.

  • 23 Oct 2008

The facility supports the takeover of the UK’s Axon Group by HCL Technology, and comes as many of the region’s biggest lenders are shying away from big underwriting commitments amid market uncertainty.

Standard Chartered agreed to provide the £400m one year loan for HCL, India’s fifth largest software ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jan 2017
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%