Venetian Macau lops $1.75bn off loan as nervy banks balk at $7bn

Venetian Macau, the casino developer owned by the Las Vegas Sands Group, has had to slash its loan from $7bn to $5.25bn after banks balked at the hefty size.

  • 07 Aug 2008

Even after being reduced, it is one of the largest syndicated facilities in Asia this year. It would rank third behind the $6.64bn loan for Japan Oil, Gas and Metals, signed in April, and Neptune Orient Lines’ $7bn facility, if that gets off the ground.

Bookrunners Citigroup, Goldman Sachs, ...

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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%