Petropavlovsk reduces exposure to subsidiary’s debt

A subsidiary of Petropavlovsk has refinanced a $204m loan, with the Russia-focused gold mining company using the exercise to reduce its balance sheet exposure to the debt.

  • By Mike Turner
  • 25 Sep 2018

Hong Kong listed IRC has raised around $240m from a “leading Russian bank”, according to the parent firm.

The funds will go towards repaying an existing bilateral facility from Industrial and Commercial Bank of China plus, associated fees and other financings.

This includes repaying a $30m bridge loan to Petropavlovsk, ...

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 449,612.92 1304 10.70%
2 Bank of America Merrill Lynch 407,428.17 1306 9.70%
3 Citi 256,394.78 746 6.10%
4 Wells Fargo Securities 230,857.01 856 5.50%
5 MUFG 185,006.91 1048 4.40%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Sumitomo Mitsui Financial Group 6,650.55 13 7.03%
2 Citi 6,641.47 21 7.02%
3 JPMorgan 6,612.85 15 6.99%
4 HSBC 6,299.76 16 6.66%
5 Mizuho 5,728.41 17 6.06%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,416.85 91 7.59%
2 JPMorgan 16,386.55 57 6.40%
3 Deutsche Bank 15,760.57 59 6.16%
4 Credit Agricole CIB 14,532.27 68 5.68%
5 Goldman Sachs 14,155.41 61 5.53%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 48,411.81 205 6.53%
2 JPMorgan 46,311.15 105 6.25%
3 UniCredit 40,595.43 182 5.48%
4 SG Corporate & Investment Banking 38,348.83 146 5.17%
5 Credit Agricole CIB 38,097.35 189 5.14%

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%