Ramaphosa set for re-election, banks hope to get back to deals

Opinion polls indicate that South Africa’s incumbent African National Congress party and president, Cyril Ramaphosa, will win the country’s hotly contested general election, held on Wednesday, with a reduced majority. Bankers expect financing business to return to normal soon, after pausing in the run-up to the election.

  • By Mariam Meskin
  • 09 May 2019

Most market analysts who spoke to GlobalCapital expected Ramaphosa to win re-election, with some predicting that the ANC might have a weakened majority. Final results are likely to be announced later this week, though some polls suggest the ANC’s majority may slide to 55%-58%.

Experts have said the ANC’s majority falling towards 50% could ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 138,787.29 332 12.35%
2 Bank of America Merrill Lynch 117,371.05 372 10.45%
3 Citi 71,619.82 220 6.38%
4 Mizuho 59,243.78 290 5.27%
5 Wells Fargo Securities 57,627.24 214 5.13%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 First Abu Dhabi Bank 2,380.35 7 11.15%
2 Standard Chartered Bank 1,909.62 6 8.94%
3 Citi 1,760.09 5 8.24%
4 Trade and Development Bank 1,125.64 2 5.27%
4 Standard Bank 1,125.64 2 5.27%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 3,728.01 21 7.15%
2 Credit Agricole CIB 3,101.01 16 5.94%
3 Goldman Sachs 3,092.70 16 5.93%
4 BNP Paribas 2,926.68 24 5.61%
5 Citi 2,758.74 10 5.29%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 12,891.73 34 6.67%
2 BNP Paribas 12,285.93 60 6.36%
3 UniCredit 11,196.47 58 5.79%
4 Citi 9,580.75 37 4.96%
5 Deutsche Bank 8,945.44 35 4.63%

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%