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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%