Second Dubai default leaves bankers tight-lipped

Dubai Holding Commercial Operations Group (DHCOG) has failed to repay a $555m loan for the second time this year. The facility was first deferred for two months in July and lenders have now agreed to defer repayment again until November 30, the company said on Tuesday.

  • 08 Sep 2010

“Dubai Holding Commercial Operations Group LLC confirms that all parties have agreed to further extend the existing revolving credit facility of $555m under commercial terms until November 30th 2010,” the group said in an emailed statement.

Bookrunners BNP Paribas, Citi, RBS and Standard Chartered have agreed the second extension ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%