Aban taps lenders for $1.5bn loan

Aban Offshore, an Indian oil drilling company, is in the market for a $1.5bn loan as it seeks to refinance some of its debt.

  • By Rashmi Kumar
  • 09 Jul 2013

SBI Capital Markets is the sole bookrunner, and is targeting only domestic banks at this stage for a standby letter of credit. Once the financing is guaranteed by an SBLC, it will launch into syndication targeting all Asia Pacific lenders, according to a banker.

Syndication is tentatively scheduled ...

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.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 18.96
2 BNP Paribas 1,434 4 13.55
3 Goldman Sachs 1,392 3 13.15
4 Barclays 1,097 2 10.37
5 Morgan Stanley 1,094 2 10.34

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,289.20 61 11.16%
2 JPMorgan 16,621.17 45 10.15%
3 Wells Fargo Securities 16,128.82 45 9.85%
4 Bank of America Merrill Lynch 14,599.47 49 8.91%
5 Barclays 11,857.73 40 7.24%