Angola takes $2bn of Chinese funding

Angola has signed a $2bn loan from China Development Bank, putting more debt onto the sovereign balance sheet as the country’s oil company seeks to borrow from commercial lenders.

  • By Mike Turner
  • 11 Oct 2018

The Angolan ministry of finance and state-owned China Development Bank signed the financing on Tuesday, according to Angolan state press.

The funds will be used mainly to support exports.

As of September, Angola owed China around $23bn, according to finance minister Archer Mangueira said. 

The financing comes at a time ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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%