Gunvor signs $1bn loan in oil company’s first Asian foray

Swiss oil trader Gunvor has signed a $1.03bn facility, increasing the transaction from $750m after it was heavily oversubscribed. The 364 day revolver is split into a $785m tranche aimed at European lenders through Gunvor International and a $245m line for Asian investors available to Gunvor Singapore and guaranteed by Gunvor International. The deal marks Gunvor’s first foray into the Asian market.

  • 25 Jun 2010
"For their first entry in the Singapore market, $245m is a good level and they will hope to build it up," said a banker involved in the deal. "Along with all the Asian marketers in the lending group, most of the mandated lead arrangers and bookrunners also did ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%