Reliance Industries launches $1bn loan for capex purposes

India’s Reliance Industries launched a $1bn credit facility into syndication yesterday (Thursday). The deal will be one of the largest offshore loans from an Indian borrower so far this year, falling second only to Bharti’s $7.5bn loan financing its acquisition of Zain’s African businesses.

  • 08 Jul 2010
Fourteen mandated lead arrangers have signed up to the deal already: Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Barclays Capital, BNP Paribas, Citigroup, Crédit Agricole CIB, DBS Bank, DnB NOR Bank, Export Development Canada, HSBC, Intesa Sanpaolo, Mizuho, SMBC and Standard Chartered Bank — leaving bankers ...

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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 %
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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%