Latest Saudi mega loan puts lending limits on trial

Saudi Arabia’s newfound zeal for international loans is testing lenders’ credit limits for the country, as banks prepare to digest an up to $50bn financing for Saudi Aramco.

  • By Mike Turner
  • 03 Oct 2018

Loans bankers reckon the Saudi oil major could raise the eye watering amount to buy a majority stake in compatriot petrochemical firm Sabic. 

“A lot of [the debt] is likely going to be short term,” said one senior loans banker. 

This implies loans, which work well for acquisitions by providing ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 192,301.26 504 11.50%
2 Bank of America Merrill Lynch 171,983.09 541 10.28%
3 Citi 105,674.73 310 6.32%
4 Wells Fargo Securities 94,434.80 349 5.65%
5 Mizuho 78,122.55 349 4.67%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,711.00 8 10.22%
2 First Abu Dhabi Bank 2,701.46 10 10.18%
3 Citi 1,786.67 6 6.73%
4 MUFG 1,499.82 6 5.65%
5 Sumitomo Mitsui Financial Group 1,489.50 4 5.61%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 5,767.46 29 6.76%
2 BNP Paribas 5,717.79 39 6.70%
3 Deutsche Bank 5,679.95 31 6.66%
4 JPMorgan 5,537.01 25 6.49%
5 Goldman Sachs 4,305.16 24 5.05%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 23,615.79 92 7.83%
2 BNP Paribas 22,783.99 94 7.56%
3 Bank of America Merrill Lynch 17,426.11 50 5.78%
4 JPMorgan 15,739.03 45 5.22%
5 UniCredit 13,730.87 76 4.55%

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%