Saudi Electricity scores its largest loan for $2.6bn

Saudi Electricity Co (SEC) has signed its biggest ever syndicated loan, for $2.6bn, with a club of eight banks, after tapping the same banks for $1.75bn last year. The loan is an unsecured one year bridge facility.

  • By Bianca Boorer
  • 19 Jan 2018

Citi, MUFG, First Abu Dhabi Bank, HSBC, Mizuho, Natixis, SMBC and Standard Chartered were the banks on the facility, signed on Thursday.

The company’s chief executive, Ziyad Bin Mohammed Al-Shiha, said in a statement that the loan was “significantly oversubscribed”, which ...

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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 28,625.39 115 10.40%
2 JPMorgan 24,763.63 101 9.00%
3 Citi 16,964.50 59 6.16%
4 Wells Fargo Securities 16,553.79 82 6.01%
5 Deutsche Bank 13,938.61 36 5.06%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UOB 388.89 1 11.11%
1 Sumitomo Mitsui Financial Group 388.89 1 11.11%
1 Standard Chartered Bank 388.89 1 11.11%
1 Mizuho 388.89 1 11.11%
1 Mitsubishi UFJ Financial Group 388.89 1 11.11%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 1,565.51 5 8.52%
2 Citi 1,439.08 6 7.83%
3 Credit Suisse 1,240.24 4 6.75%
4 Deutsche Bank 1,035.28 3 5.63%
5 ING 1,017.89 3 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,359.72 13 13.34%
2 SG Corporate & Investment Banking 7,508.63 11 10.70%
3 Goldman Sachs 5,773.27 11 8.23%
4 Citi 4,606.54 14 6.57%
5 Credit Agricole CIB 3,259.14 12 4.64%

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%