Indian Oil plans to tap old demand for $300m loan

Indian Oil Corp has launched a $300m loan into general syndication, giving the four bookrunners a chance to sell down part of their stake in the underwritten deal. They are hoping to appeal to lenders that got under-allocated the last time the company came to the market, and are pitching the deal with the same return.

  • 17 Jul 2012

The five year deal is offering lead arrangers, which must commit more than $15m, an all-in return of 235bp. That is the same level it offered on a $250m deal that it closed in April, and bankers think that those banks that got less than they hope for ...

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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 %
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  • Today
1 Citi 2,454.09 9 13.89%
2 JPMorgan 1,441.26 6 8.16%
3 SG Corporate & Investment Banking 1,292.64 1 7.32%
3 Rabobank 1,292.64 1 7.32%
5 Bank of America Merrill Lynch 1,226.20 5 6.94%