IG borrowers revive sleepy syndications

Western Europe’s loan market enjoyed a healthy burst of activity this week as several borrowers launched deals. Many loans have already been mandated this year, including the Eu9bn jumbo for German utility RWE, but until now most borrowers have avoided syndications by clubbing their facilities or securing self-arranged forward starts.

  • 06 Feb 2009

But this week UPM-Kymmene, the Finnish paper and pulp group; Trafigura, the Dutch commodities trader; and UK train leasing company Porterbrook were among the names to come to the market.

As well as these, Enel, the Italian utility, is expected to launch syndication of an Eu8bn loan today (Friday) ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,029 20 10.95
2 Bank of America Merrill Lynch (BAML) 6,703 19 10.45
3 JP Morgan 4,776 10 7.44
4 Credit Suisse 4,718 9 7.35
5 Deutsche Bank 4,262 13 6.64

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 Wells Fargo Securities 67,591.81 167 11.54%
2 Bank of America Merrill Lynch 57,568.62 162 9.83%
3 JPMorgan 55,390.36 159 9.46%
4 Citi 55,051.46 160 9.40%
5 Credit Suisse 43,756.73 120 7.47%