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 366,250.51 1051 10.82%
2 Bank of America Merrill Lynch 336,343.24 1074 9.94%
3 Citi 197,261.10 592 5.83%
4 Wells Fargo Securities 188,512.55 699 5.57%
5 MUFG 141,180.47 908 4.17%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 5,917.05 18 8.13%
2 HSBC 5,291.43 13 7.27%
3 JPMorgan 4,763.03 12 6.54%
4 Mizuho 4,566.75 13 6.28%
5 Sumitomo Mitsui Financial Group 4,470.55 9 6.14%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 16,684.16 83 7.43%
2 Credit Agricole CIB 13,287.71 61 5.92%
3 Deutsche Bank 12,890.62 50 5.74%
4 Goldman Sachs 12,767.85 54 5.68%
5 UniCredit 11,414.29 66 5.08%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 43,227.81 174 7.03%
2 JPMorgan 38,825.76 78 6.31%
3 Credit Agricole CIB 33,071.14 158 5.38%
4 UniCredit 32,419.68 146 5.27%
5 SG Corporate & Investment Banking 31,394.84 122 5.10%

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%