IDBI, Axis test dollar markets for Indian debt

India’s financial institutions, regular visitors to the international debt markets when credit markets were booming in 2006-2007, took their first tentative steps back to dollars this week as IDBI Bank prepared to launch a $100m syndicated loan.

  • 03 Sep 2009

IDBI will be the first Indian lender to approach the offshore markets for funding since the beginning of 2009, and bankers expect the deal to pave the way for a cluster of other Indian banks to follow.

The mandate letter for the $100m one year facility is close to ...

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 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%