L&T opens up $370m deal in general

Indian conglomerate Larsen & Toubro launched its $370m five year amortising loan into general syndication on September 9, pricing the deal at 125bp over dollar Libor.

  • By Rashmi Kumar
  • 09 Sep 2013

Australia and New Zealand Bank, Bank of Tokyo Mitsubishi-UFJ, HSBC, Mizuho Bank, Royal Bank of Scotland and Sumitomo Mitsui Banking Corp are the bookrunners, and are offering lenders two levels to join.

Lead arrangers committing $25m and above earn an all-in of 154bp, while co-arrangers chipping in ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 33,499.81 106 11.84%
2 JPMorgan 26,026.16 75 9.20%
3 Wells Fargo Securities 25,325.15 70 8.95%
4 Bank of America Merrill Lynch 23,157.33 74 8.18%
5 Barclays 17,494.57 59 6.18%