Southpaw: Telecoms on M&A trail as new bank breed queue up for $8bn Bharti debt

Bharti Airtel’s $10.7bn all-cash bid for the African mobile-phone operations of Kuwait’s Zain, has investment bankers dreaming of the good old days — the promise of big fees on a trophy M&A deal and the opportunity to prove they are lending again in high-growth markets. David Rothnie reports.

  • 26 Feb 2010
The deal is in some ways a throwback to the free-wheeling days before the crisis when companies made bold strategic moves — and then worried about the financing later. It stands in sharp contrast to the current wave of caution that is stopping chief executives from doing deals. ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 75,310.44 219 13.28%
2 Bank of America Merrill Lynch 66,692.14 207 11.76%
3 Wells Fargo Securities 56,313.78 180 9.93%
4 JPMorgan 40,793.11 141 7.20%
5 Credit Suisse 32,293.17 98 5.70%