Investec loan swells on big demand

South Africa’s Investec Bank has doubled the size from launch of its two year syndicated term loan to $600m, after a 'significant' oversubscription.

  • By Mike Turner
  • 17 Jul 2018

The bank launched the facility at $300m but closed at double that amount, repeating the same feat that the borrower achieved in 2017.

Investec is paying 120bp over Libor for the deal, inside the 155bp margin of the 2017 outing.

The latest loan comes with a one year ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 301,936.72 832 10.90%
2 Bank of America Merrill Lynch 260,879.45 871 9.41%
3 Citi 164,004.94 495 5.92%
4 Wells Fargo Securities 144,846.02 567 5.23%
5 MUFG 113,207.50 646 4.08%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,471.92 10 7.34%
2 Standard Chartered Bank 3,339.74 12 7.06%
3 JPMorgan 3,173.44 8 6.71%
4 Mizuho 2,818.52 8 5.96%
5 Sumitomo Mitsui Financial Group 2,575.67 5 5.44%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 13,554.26 61 7.13%
2 Deutsche Bank 11,901.17 45 6.26%
3 Credit Agricole CIB 11,825.01 52 6.22%
4 Goldman Sachs 10,865.30 45 5.71%
5 UniCredit 10,484.86 60 5.51%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.56%
2 BNP Paribas 32,284.10 130 6.51%
3 UniCredit 26,992.47 123 5.44%
4 SG Corporate & Investment Banking 26,569.73 97 5.36%
5 Credit Agricole CIB 23,807.36 111 4.80%

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%