Russian market-opener MDM finalising pricing

Arrangers of a $175m facility for MDM Bank, the Russian privately-owned lender, are fine-tuning details on fees and tickets this week as the deal nears launch in early September. The five lead banks, mandated on Tuesday, will be testing the loan market’s appetite for Russian bank risk in the first such syndication this year. Read on for more analysis on the pricing and timing, and the market’s reaction.

  • 26 Aug 2009
Structured as an A/B loan under the IFC’s umbrella facilities, the $175m one year ‘B’ tranche will come to market as soon as the borrower and its bank and supranational lenders agree on the final terms and syndication strategy in a conference call on Wednesday afternoon. The IFC ...

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 4,347 16 18.54
2 Morgan Stanley 2,420 6 10.32
3 BNP Paribas 2,402 10 10.25
4 Goldman Sachs 2,096 5 8.94
5 Bank of America Merrill Lynch (BAML) 2,086 9 8.90

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 51,387.38 167 10.62%
2 JPMorgan 44,557.52 134 9.21%
3 Wells Fargo Securities 38,189.39 113 7.89%
4 Bank of America Merrill Lynch 36,645.21 121 7.57%
5 Credit Suisse 31,939.48 103 6.60%