Syndicated Loans

Covid-19

Other news

  • Aircraft lessors under spotlight in PP market

    Aircraft lessors under spotlight in PP market

    Aircraft lessors have become popular borrowers in the US private placement market but coronavirus pandemic has thrown up a whole new magnitude of risk for the industry and many will be looking to amend the terms of their deals. Many market participants predict that the conversations between borrowers and investors will be tricky.

  • Russian firms eye up loans as Covid-19, oil war raise pressure

    Russian firms eye up loans as Covid-19, oil war raise pressure

    Russian commodity and metals companies are rethinking financing plans and talking to bankers about loans amid the drastic change in outlook due to Covid-19 and the oil price war. But bankers say borrowers insistent on pre-coronavirus terms on their deals must lower their expectations.

  • El Corte Inglés grabs short-term funding

    El Corte Inglés grabs short-term funding

    Spain’s El Corte Inglés has signed a €1.311bn short-term revolving credit facility, with the department store returning to the loan market twice in quick succession to make sure it has the cash to ride out the next year.

  • Glencore receives loans on pre-crisis terms

    Glencore receives loans on pre-crisis terms

    Glencore, the Swiss-headquartered commodity trading and mining group, has agreed $14.625bn of loans, becoming one of the last in Europe to lock in pre-crisis terms.

  • Shell builds cash pile again with $12bn revolver

    Shell builds cash pile again with $12bn revolver

    Royal Dutch Shell has signed a $12bn credit line, three months after securing a similarly sized deal, as the Anglo-Dutch oil major builds up its cash pile in the face of plunging oil demand and prices.

  • Imperial Tobacco signs new RCF, no plans for drawdown

    Imperial Tobacco signs new RCF, no plans for drawdown

    The UK's Imperial Brands, formerly Imperial Tobacco, has signed a new €3.5bn three year multi-currency revolving credit facility, slightly increasing its main bank line, despite not having plans to draw down.

  • Home a-loan: lenders learn to love WFH

    Home a-loan: lenders learn to love WFH

    The loans market has been one part of the capital markets that has perhaps unsurprisingly taken to working from home easier than most. Some loans bankers even see a world after the pandemic where one or two days a week working out of the office becomes the norm.

  • Never miss an opportunity for good PR

    Never miss an opportunity for good PR

    Standard Chartered’s announcement that it was allocating $1bn to help companies deal with coronavirus, or transition towards making essential medical kit, makes a virtue of doing what most banks are up to anyway. There’s nothing wrong with a bit of good news in these troubled times, but Stan Chart’s competition might feel they’ve missed a trick.

  • Moody’s increases South Africa’s pain with final downgrade

    Moody’s increases South Africa’s pain with final downgrade

    Moody’s downgraded South Africa on Friday, removing the battered sovereign’s final investment grade rating. Sentiment among investors and bankers was split, with some confident that borrowers will be able to lean on their relationship lenders if needed, and others worried about the economic hit which is heading the country’s way.

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Global Syndicated Loan Volume

Rank Lead Manager Amount $bn No of issues Share %
1 93.01 307 11.04%
2 87.97 274 10.44%
3 62.40 172 7.41%
4 40.80 172 4.84%
5 38.56 375 4.58%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
1 9.11 38 6.62%
2 7.52 36 5.46%
3 7.39 29 5.37%
4 7.38 42 5.36%
5 6.01 35 4.37%