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 31,493.03 52 14.94%
2 Bank of America Merrill Lynch 24,429.51 69 11.59%
3 Mizuho 9,935.55 34 4.71%
4 Citi 9,808.84 32 4.65%
5 MUFG 9,041.37 66 4.29%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 MUFG 766.21 2 8.47%
1 First Abu Dhabi Bank 766.21 2 8.47%
1 BNP Paribas 766.21 2 8.47%
1 Abu Dhabi Commercial Bank PJSC 766.21 2 8.47%
5 Standard Chartered Bank 409.06 1 4.52%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 484.94 3 17.32%
1 BNP Paribas 484.94 3 17.32%
3 SG Corporate & Investment Banking 194.57 2 6.95%
3 HSBC 194.57 2 6.95%
5 Natixis 174.13 2 6.22%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 6,160.68 5 15.90%
2 Deutsche Bank 3,400.72 4 8.77%
3 Commerzbank Group 2,532.05 5 6.53%
4 Citi 2,513.95 6 6.49%
5 BNP Paribas 1,742.18 7 4.49%

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%