‘First test’ loan for Sonangol as oil price improves

Sonangol, the Angolan national oil and gas company, has entered the loan market after a two year absence, following a rise in oil prices.

  • By Silas Brown
  • 10 Oct 2018

Sonangol has mandated Standard Chartered to arrange the term loan, according to two loan bankers.

One of those loan bankers said Sonangol usually takes dollar term loans with an amortising structure, which he thought likely to be the structure of the new loan.

“It is still ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 440,258.99 1275 10.83%
2 Bank of America Merrill Lynch 395,781.42 1269 9.74%
3 Citi 248,870.97 726 6.12%
4 Wells Fargo Securities 226,713.26 844 5.58%
5 MUFG 181,541.37 1031 4.47%

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 7.24%
2 HSBC 6,299.76 16 6.90%
3 Sumitomo Mitsui Financial Group 6,070.55 12 6.65%
4 Citi 6,061.47 20 6.64%
5 Standard Chartered Bank 5,727.55 25 6.27%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,103.54 89 7.62%
2 JPMorgan 16,881.55 58 6.73%
3 Deutsche Bank 15,679.29 58 6.25%
4 Credit Agricole CIB 14,083.69 66 5.62%
5 Goldman Sachs 13,902.00 61 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 47,043.60 195 6.55%
2 JPMorgan 46,108.71 102 6.42%
3 UniCredit 39,106.98 168 5.45%
4 Credit Agricole CIB 36,670.04 182 5.11%
5 SG Corporate & Investment Banking 35,773.91 138 4.98%

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%