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  • JP Morgan names new head of Emea DCM

    JP Morgan has chosen a new head of debt capital markets in Emea, as part of a wider reshuffle designed to promote a new generation of bankers to top jobs.

    • 01:15 PM
  • Cogobuy unit boosts debut loan to $194.5m

    A unit of e-commerce platform Cogobuy Group has close to doubled the size of its debut syndicated loan to $194.5m following an oversubscription from nine banks.

    • 08:30 AM
  • Loans, news in brief — October 20, 2016

    Valmet — Segro — Ecom — Aluminium Bahrain — Morpho

    • 20 Oct 2016
  • Inovyn in vogue but M&A could enjoy autumn

    Ineos-owned chlorvinyls firm Inovyn increased and tightened the size and guidance on its term loan ‘B’ repricing on Thursday afternoon, as the market hopes for some overdue buyout activity.

    • 20 Oct 2016
  • France's Econocom and Ipsos pick €125m Schuldschein each

    Two french firms, digital services specialist Econocom Group and research company Ipsos, have both launched Schuldscheine this week with initial sizes of €125m that can be increased.

    • 20 Oct 2016
  • Heathrow completes 2016 financing with £350m deal

    UK airport Heathrow has agreed £350m ($429.6m) in term loans with tenors of between seven to 12 years. The deal marks the end of an active year of financing for the transit hub.

    • 20 Oct 2016
  • Valmet swaps banks in €200m RCF

    Valmet, the Finnish technological services company, has refinanced a €200m facility first signed in May 2013. The company swapped two of the original lenders with new banks.

    • 20 Oct 2016
  • Euro Garages poised for chequered flag

    Final commitments were due on Thursday for Euro Garages’ €1.16bn of loan facilities backing its merger with European Forecourt Retailer, while New York listed beauty firm Coty has commitments due Friday on its repricing and €325m add-on to its term loan ‘B’.

    • 20 Oct 2016
  • Access lands bond but Nigerian banks to fight for loans

    While Access Bank safely landed its dollar Eurobond last week, the outlook for Nigerian banks seeking new loans is cloudy.

    • 20 Oct 2016
  • Reception to Shui On $300m loan suggests real estate revival

    Chinese property names are trickling back into the syndicated loan market, with Shui On Land becoming one of the first mid-size borrowers to access the market this year. The credit is appealing to banks on a standalone basis, but early signs show that appetite for the sector has also improved. Shruti Chaturvedi reports.

    • 20 Oct 2016
  • Asia on edge as Trump vs Clinton nears finish line

    US election jitters are weighing on Asia’s equity and debt capital markets, leaving bankers split over the best course of action for issuers before the November 8 vote. Some are advising clients to make full use of the next fortnight, while others are advocating hanging back and rolling with the punches in the aftermath of the result. John Loh reports.

    • 20 Oct 2016
  • Thirteen banks back €2.43bn Morpho acquisition

    Advent’s €2.43bn acquisition of French software solutions firm Morpho is supported by 13 banks, according to one banker, with up to €2bn of loans expected to be marketed by early November.

    • 19 Oct 2016
  • Bayer names banks, prompting league table reshuffle

    Bayer has released the names of the banks in its $56.9bn loan for the acquisition of Monsanto, the jumbo deal tickets have bumped up some lenders in European league tables.

    • 19 Oct 2016
  • Nestle targets uniformity in €10.5bn deal

    Food and drinks giant Nestlé has signed €10.5bn of loans to refinance five and one year deals. The company refinanced to secure a similar group of banks in both deals, according to one banker.

    • 19 Oct 2016
  • Afreximbank's ratings shadow lifted as loan mandate nears

    Fitch has removed Afreximbank from rating watch negative, partly because of its “excellent” risk mitigants, as the development bank continues to arrange a loan of at least $750m.

    • 19 Oct 2016
  • Corporate bond markets busy despite QE qualms

    Despite tricky conditions in the European corporate bond market, a varied array of issuers has come to market this week, with the flow increasing as the week has gone on.

    • 19 Oct 2016
  • Saudi Arabia leads out CEEMEA primary parade

    The CEEMEA bond market exploded into life this week in what will be one of the busiest of the year. Saudi Arabia is leading the action with its much-anticipated bond but Turkey made an impressive comeback with four of its banks in the market following Friday’s sovereign trade. Further supply from Poland, Russia, the Middle East and Africa is adding plenty of diversity for investors.

    • 19 Oct 2016
  • Syndicate to widen as Malaysia EPF £259m loan opens

    A five year loan for a subsidiary of Employees Provident Fund of Malaysia has entered syndication, three months after the leads were chosen.

    • 19 Oct 2016
  • Don’t use Schuldscheine as a proxy loan market

    Loans and Schuldscheine have always sat side by side. With a similar lender base and documentation, the two seem almost interchangeable. This year banks have been capitalising on that similarity and driving issuance to new heights, but they should not get carried away — restructuring a Schuldschein is a lot more painful than with a loan.

    • 18 Oct 2016
  • Tikehau bulks up with deputy MD hire

    French asset manager Tikehau Capital has added to its ranks by hiring a deputy managing director in a newly created position.

    • 18 Oct 2016

More Syndicated Loans

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 JPMorgan 286,038.45 829 11.26%
2 Bank of America Merrill Lynch 273,537.40 868 10.77%
3 Citi 176,424.49 477 6.95%
4 Wells Fargo Securities 149,037.01 641 5.87%
5 Mizuho 135,463.10 617 5.33%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Oct 2016
1 Standard Chartered Bank 4,250.00 19 7.92%
2 Bank of America Merrill Lynch 3,735.30 7 6.96%
3 JPMorgan 3,474.15 7 6.47%
4 Mizuho 2,901.68 10 5.41%
5 SG Corporate & Investment Banking 2,793.33 8 5.20%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 UniCredit 15,780.75 62 10.69%
2 HSBC 12,277.00 39 8.31%
3 JPMorgan 12,126.92 28 8.21%
4 BNP Paribas 9,321.96 66 6.31%
5 Credit Suisse 8,908.88 17 6.03%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Oct 2016
1 JPMorgan 29,857.48 56 7.03%
2 UniCredit 28,692.62 136 6.76%
3 BNP Paribas 28,364.79 138 6.68%
4 HSBC 22,858.25 111 5.38%
5 ING 18,645.88 118 4.39%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2016
1 HSBC 35.45 69 6.71%
2 BNP Paribas 31.67 78 5.99%
3 ING 31.21 74 5.90%
4 Citi 22.60 36 4.27%
5 Deutsche Bank 21.89 32 4.14%