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 441,758.99 1278 10.84%
2 Bank of America Merrill Lynch 397,544.19 1274 9.75%
3 Citi 250,435.88 731 6.14%
4 Wells Fargo Securities 227,294.53 846 5.58%
5 MUFG 179,646.80 1032 4.41%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 6,612.85 15 7.22%
2 HSBC 6,299.76 16 6.88%
3 Sumitomo Mitsui Financial Group 6,070.55 12 6.63%
4 Citi 6,061.47 20 6.62%
5 Standard Chartered Bank 5,727.55 25 6.25%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,345.59 90 7.61%
2 JPMorgan 16,881.55 58 6.64%
3 Deutsche Bank 15,679.29 58 6.17%
4 Credit Agricole CIB 14,093.65 67 5.55%
5 Goldman Sachs 13,902.00 61 5.47%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 47,555.97 198 6.55%
2 JPMorgan 46,108.71 102 6.36%
3 UniCredit 39,353.09 170 5.42%
4 Credit Agricole CIB 36,680.00 183 5.06%
5 SG Corporate & Investment Banking 35,773.91 138 4.93%

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%