India’s Shipping Corporation hits market with $260m loan

Shipping Corporation of India launched a $260m loan into the market through sole arranger State Bank of India on Tuesday, as activity in the Asian loan market starts to pick up after Chinese New Year.

  • 18 Feb 2010

The loan is split into a $75m three year piece that carries all-ins between 225bp-235bp and a $185m 5-1/2 year tranche that pays 243bp-255bp.

The fully underwritten loan will support the acquisition of six long-range product tankers, which will be delivered between April and July 2010.

SBI beat ...

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 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%