X5 mandates loan at last but bankers snipe as Russian deal spate looms

The $1bn-plus syndicated loan for X5 Retail Group, the Russian supermarket group, remained shrouded in uncertainty this week, although EuroWeek understands that the mandate has been signed after three months of discussion.

  • 14 Dec 2007

Last week it emerged that two of the seven banks verbally mandated to lead the facility, ABN Amro and WestLB, had dropped out.

Bankers are watching the situation avidly, conscious that at least $30bn of Russian corporate loans are set for launch early in 2008, and that in the ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@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.

New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,171 21 10.72
2 Bank of America Merrill Lynch (BAML) 6,901 20 10.32
3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
5 Lloyds Bank 4,420 14 6.61

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Wells Fargo Securities 68,611.22 170 11.38%
2 Bank of America Merrill Lynch 59,056.08 169 9.80%
3 JPMorgan 56,861.85 163 9.43%
4 Citi 56,521.05 165 9.38%
5 Credit Suisse 44,888.95 123 7.45%