UPDATE: Rusal signs standstill, focus shifts to restructuring plan

Russian aluminium company Rusal has signed a standstill agreement with its domestic and international lenders, giving it two months to restructure its debt, which the company puts at $14bn. Roughly half of that is held by foreign lenders, it emerged after Rusal disclosed further details surrounding the restructuring.

  • 06 Mar 2009
International lenders’ exposure to Rusal totals $7.4bn, and the borrower said the standstill agreement covered more than 30 transactions, including syndicated loans, bilaterals, bank guarantees and letters of credit. It disclosed that over 70 banks were involved in the negotiations, although Rusal said the standstill had received the ...

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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%