Emirates Airlines loan syndication takes flight

Dubai’s Emirates Airlines is syndicating a 12 year loan, less than six months after wooing bond investors to print a sukuk inside fair value.

  • By Mike Turner
  • 15 Aug 2018

Abu Dhabi Commercial Bank is running the loan syndication process, which is due to wrap up by the end of September, according to a source close to the transaction.

The deal has been pre-funded, with the proceeds used for aircraft that have already been delivered, said the source.

Loans bankers ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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.

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 390,645.81 1117 10.72%
2 Bank of America Merrill Lynch 365,040.13 1161 10.02%
3 Citi 214,322.69 641 5.88%
4 Wells Fargo Securities 203,612.30 748 5.59%
5 MUFG 153,181.73 953 4.20%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 6,053.14 19 7.64%
2 HSBC 5,691.43 14 7.18%
3 JPMorgan 5,279.69 14 6.66%
4 Sumitomo Mitsui Financial Group 4,870.55 10 6.15%
5 Mizuho 4,566.75 13 5.76%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 18,969.91 86 8.04%
2 Deutsche Bank 14,910.43 52 6.32%
3 JPMorgan 14,866.89 48 6.30%
4 Credit Agricole CIB 13,287.71 61 5.63%
5 Goldman Sachs 12,612.80 55 5.35%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 45,589.37 178 7.11%
2 JPMorgan 43,572.44 88 6.79%
3 Credit Agricole CIB 33,071.14 158 5.15%
4 UniCredit 32,917.16 149 5.13%
5 SG Corporate & Investment Banking 32,145.89 124 5.01%

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%