Aramco to provide first test of Saudi appetite after Khashoggi

Saudi Arabia is mired in international controversy but its national energy company, Saudi Aramco, is said to have been sounding out the syndicated loan market for a deal to finance a $5bn petrochemicals plant. With even larger deals on the horizon, lenders appear to be supportive of the borrower despite the highly charged political situation. Mariam Meskin reports.

  • By Mariam Meskin
  • 22 Nov 2018

Aramco and French oil major Total signed an agreement in October to build a $9bn petrochemical complex in Saudi Arabia, as part of the government’s Vision 2030 project, which aims to diversify the Kingdom’s economy beyond crude oil. The project will cost ...

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 181,382.53 483 11.16%
2 Bank of America Merrill Lynch 169,338.67 528 10.42%
3 Citi 103,232.86 301 6.35%
4 Wells Fargo Securities 93,136.26 343 5.73%
5 Mizuho 77,122.67 341 4.74%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,711.00 8 10.72%
2 First Abu Dhabi Bank 2,481.46 9 9.81%
3 Citi 1,786.67 6 7.06%
4 MUFG 1,499.82 6 5.93%
5 Sumitomo Mitsui Financial Group 1,489.50 4 5.89%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 5,789.90 38 7.24%
2 Credit Agricole CIB 5,356.91 28 6.70%
3 Deutsche Bank 5,287.08 28 6.61%
4 JPMorgan 5,144.14 22 6.43%
5 Goldman Sachs 4,189.40 23 5.24%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 22,991.03 88 8.00%
2 BNP Paribas 22,856.10 93 7.96%
3 Bank of America Merrill Lynch 17,816.23 50 6.20%
4 UniCredit 13,146.65 71 4.58%
5 Deutsche Bank 13,089.86 49 4.56%

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%