Top stories

  • EG Group ramps up acquisition spree with third deal

    UK petrol station operator EG Group has announced a third debt-financed acquisition, heaping further pressure on its credit metrics, which rating agencies have already warned are under strain.

    • 21 Feb 2018

  • Broadcom offer under pressure as Qualcomm sweetens NXP bid

    US chipmaker Qualcomm has improved its offer for NXP Semiconductors by 16%, leaving Broadcom “evaluating its options” over its $121bn hostile bid for Qualcomm and putting the possibility of a record-breaking syndicated financing on shaky ground.

    • 21 Feb 2018
  • Turkey’s Ziraat bank launches $1bn refi

    Ziraat Bank has launched a $1bn loan to refinance a facility signed in April last year with pricing in line with Akbank’s new loan.

    • 21 Feb 2018
  • VPBank Finance's $200m borrowing open in general

    VPBank Finance is tapping international loan market liquidity for an up to $200m three year facility, which has two lenders at the helm.

    • 21 Feb 2018
  • Milbank hires two levfin lawyers from Shearman & Sterling

    As Europe’s leveraged finance markets return to growth, Milbank, Tweed, Hadley & McCloy has added Apostolos Gkoutzinis and Rebecca Marques as partners to its leveraged finance and capital markets team.

    • 20 Feb 2018
  • Temenos likely to borrow for £1.4bn swoop on Fidessa

    Temenos, the Swiss banking software company, is in advanced discussions about an all cash offer for Fidessa, the UK trading technology firm, for around £1.4bn, which is likely to involve some debt issuance.

    • 20 Feb 2018
  • Astorg's SGG seeks debt to buy First Names as levloans swell

    SGG Group, the corporate and investor services firm based in Luxembourg and owned by Astorg, will fund its acquisition of UK peer First Names in the leveraged loan market, which has already enjoyed its busiest January ever in EMEA.

    • 20 Feb 2018
  • MidEast trade finance experts see opportunities in shifting political climate

    Politics – a hardening of the US attitude to Iran, tensions with Turkey, the Qatari crisis – may be closing some doors for trade in the Middle East, but experts are convinced it is opening others, with China's One Belt, One Road initiative pushing countries like China, India and Russia towards the region.

    • 19 Feb 2018
  • REWE reaches €1bn in Schuldschein market

    German supermarket group REWE has doubled its initial target size of €500m, and become the first corporate in 2018 to place a €1bn Schuldschein loan.

    • 19 Feb 2018
  • Itiviti targets hot lev loan market with second lien

    In stark contrast with a mute high yield bond market, leveraged loan investors were expecting more than €5bn of new deals on Monday, including a $725m-equivalent deal from Swedish trade technology provider Itiviti, which includes a triple-C rated second lien.

    • 19 Feb 2018
  • Leonardo homes in on cheaper revolver

    Leonardo, the Italian defence company, has agreed a €1.8bn five year revolver 25bp cheaper than the facility it is replacing, making it the latest crossover borrower to negotiate better terms for itself in a refinancing.

    • 19 Feb 2018
  • Broadcom's $100bn megaloan structure and spread emerge

    Details have emerged of Broadcom’s record-breaking $100bn financing package for its acquisition of chipmaker Qualcomm. It is paying 100bp over Libor for the biggest two tranches.

    • 19 Feb 2018
  • Photos from the Syndicated Loan and Leveraged Finance Awards 2017

    GlobalCapital revealed the winners of its Syndicated Loan and Leveraged Finance Awards 2017 at its 15th Annual Loans Dinner on Wednesday. Banks and borrowers from all over the EMEA region attended the dinner at the new venue of Gibson’s Hall in Bishopsgate, London.

    • 12 Feb 2018
  • Rate rises on horizon credited for Euro PP surge

    The euro private placement market is seeing volumes rise to the highs reached in 2013-2015 as corporates push ahead with funding in the hope of beating European Central Bank interest rate rises expected later this year.

    • 15 Feb 2018
  • CEE loan pipeline heats up with PXFs

    Deal flow in Central and Eastern Europe (CEE) is picking up, according to international loan bankers, with more pre-export finance facilities from Russia and some anticipated event driven transactions in the rest of the region.

    • 15 Feb 2018

The GlobalCapital View logo   Comment

  • Keep Qatar and carry on

    Ever since six Arab countries led by Saudia Arabia and the UAE ostracised Qatar last summer, banks have been agonising over the feud.

    • 08 Feb 2018

more comment

   Loan Ranger

  • Loan Ranger: Christmas spirits

    The holiday season kicked off at the Loan Syndicate Managers’ Forum’s carol concert in London last week and, as usual, Canon David Parrott delighted the crowd with another lively sermon — though one banker risked life and limb by questioning the quality of the drinks served at the Commerzbank reception...

    • 19 Dec 2016

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 28,625.39 115 10.40%
2 JPMorgan 24,763.63 101 9.00%
3 Citi 16,964.50 59 6.16%
4 Wells Fargo Securities 16,553.79 82 6.01%
5 Deutsche Bank 13,938.61 36 5.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,359.72 13 13.34%
2 SG Corporate & Investment Banking 7,508.63 11 10.70%
3 Goldman Sachs 5,773.27 11 8.23%
4 Citi 4,606.54 14 6.57%
5 Credit Agricole CIB 3,259.14 12 4.64%

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 28,625.39 115 10.40%
2 JPMorgan 24,763.63 101 9.00%
3 Citi 16,964.50 59 6.16%
4 Wells Fargo Securities 16,553.79 82 6.01%
5 Deutsche Bank 13,938.61 36 5.06%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UOB 388.89 1 11.11%
1 Sumitomo Mitsui Financial Group 388.89 1 11.11%
1 Standard Chartered Bank 388.89 1 11.11%
1 Mizuho 388.89 1 11.11%
1 Mitsubishi UFJ Financial Group 388.89 1 11.11%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 1,565.51 5 8.52%
2 Citi 1,439.08 6 7.83%
3 Credit Suisse 1,240.24 4 6.75%
4 Deutsche Bank 1,035.28 3 5.63%
5 ING 1,017.89 3 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,359.72 13 13.34%
2 SG Corporate & Investment Banking 7,508.63 11 10.70%
3 Goldman Sachs 5,773.27 11 8.23%
4 Citi 4,606.54 14 6.57%
5 Credit Agricole CIB 3,259.14 12 4.64%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2016
1 HSBC 35.45 69 6.71%
2 BNP Paribas 31.67 78 5.99%
3 ING 31.21 74 5.90%
4 Citi 22.60 36 4.27%
5 Deutsche Bank 21.89 32 4.14%