Senoko Power loan closed despite sluggish syndication

One Japanese lender joined the S$2.9bn ($1.97bn) bridge loan for Singapore’s Senoko Power last week, providing a welcome surprise for the bookrunners after five months of syndication.

  • 24 Mar 2009

Sumitomo Trust took a S$100m ticket on the loan, which supports the takeover of Singapore’s biggest power generating company by a Japanese-led consortium, before syndication closed last week.

The surprise ticket from the Japanese lender is a positive result for the bookrunners, who have been struggling to syndicate ...

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 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%