Alrosa scores cheaper refi

Russian diamond producer Alrosa has signed unsecured bilateral loans for $600m to refinance a previous loan at tighter pricing. It follows the trend of loosening loan structures as bankers get more comfortable with Russian risk.

  • By Bianca Boorer
  • 06 Dec 2017

The loans will be used to refinance a $720m facility that was due in 2019 and priced at 430bp over Libor.

The $600m was raised through two new bilateral loans of $350m from Raiffeisenbank and $250m from Société Générale’s Rosbank. Both facilities, which are due to mature on ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 167,717.28 489 11.11%
2 JPMorgan 160,125.74 464 10.60%
3 Wells Fargo Securities 83,531.55 314 5.53%
4 Citi 78,570.80 255 5.20%
5 Mitsubishi UFJ Financial Group 70,818.28 474 4.69%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 2,942.31 6 10.08%
2 JPMorgan 2,618.81 5 8.97%
3 Standard Chartered Bank 2,514.82 6 8.62%
4 HSBC 2,341.67 5 8.02%
5 Mizuho 2,238.89 4 7.67%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 6,104.35 21 6.39%
2 Credit Agricole CIB 6,017.39 25 6.30%
3 BNP Paribas 5,679.50 22 5.95%
4 UniCredit 5,441.24 29 5.70%
5 Barclays 5,256.27 14 5.51%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,573.45 32 9.73%
2 Citi 16,837.08 38 6.17%
3 SG Corporate & Investment Banking 15,661.30 47 5.73%
4 Deutsche Bank 14,193.64 44 5.20%
5 Bank of America Merrill Lynch 13,028.84 31 4.77%

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%