Aabar follows Mubadala into refi market

Abu Dhabi investment firm Aabar Investments has approached banks to refinance a $2bn-equivalent facility that is due to mature in May. The deal comes a fortnight after Abu Dhabi’s state-run investment vehicle Mubadala approached the market for a $2bn refinancing.

  • 20 Feb 2013

Aabar is targeting tight, relationship-level pricing, said three senior loans bankers, who added that terms are still being negotiated.

“Aabar is a bit more challenging than Mubadala,” said a senior loans banker. “It has a slightly smaller banking group.”

However, Aabar’s deal should still get done, said all ...

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 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,505.59 4 23.86%
2 SG Corporate & Investment Banking 1,292.64 1 20.48%
2 Rabobank 1,292.64 1 20.48%
4 BNP Paribas 598.25 2 9.48%
5 TD Securities Inc 241.54 1 3.83%