‘Tight’ Cocobod loan to close by September

Ghana Cocoa Board, known as Cocobod, is likely to close its annual loan refinancing in September, and bankers expect it to have tight margins.

  • By Mariam Meskin
  • 09 Jul 2019

The loan has been launched at $1.3bn, though Cocobod has not yet decided if it will raise more if the deal is oversubscribed.

Cocobod confirmed that Ghana International Bank, MUFG, Natixis, Nedbank, Rabobank and Société Générale were underwriting the deal, which is likely to close by mid-September.

Cocobod signed a $1.3bn ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 208,497.35 553 11.27%
2 Bank of America Merrill Lynch 187,534.33 591 10.14%
3 Citi 115,328.79 345 6.23%
4 Wells Fargo Securities 101,733.60 377 5.50%
5 MUFG 99,613.32 569 5.38%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Sumitomo Mitsui Financial Group 3,299.26 7 9.41%
2 Standard Chartered Bank 3,013.82 10 8.60%
3 First Abu Dhabi Bank 2,953.95 12 8.43%
4 BNP Paribas 2,737.23 6 7.81%
5 Citi 2,083.52 9 5.94%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,589.28 27 6.64%
2 Goldman Sachs 5,310.66 28 6.31%
3 Credit Agricole CIB 4,996.05 29 5.93%
4 BNP Paribas 4,989.41 40 5.93%
5 Deutsche Bank 4,671.96 29 5.55%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 27,275.91 109 7.92%
2 Credit Agricole CIB 25,517.00 104 7.41%
3 JPMorgan 21,834.93 53 6.34%
4 Bank of America Merrill Lynch 21,222.68 53 6.16%
5 SG Corporate & Investment Banking 16,639.52 78 4.83%

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%