Top stories

  • Starwood keeps A&E ticking over

    London-listed Starwood European Real Estate Finance has added two years to the maturity of its sterling revolving credit facility, as Western European loans bankers get settled in for months of amend and extend exercises running up to year end.

    • 09 Oct 2018
  • Newlon Housing returns to US PP market

    Newlon Housing Trust, a north and east London housing association rated A3 by Moody's, has returned to the US private placement market, raising £135m.

    • 09 Oct 2018
  • CBD Aviation lands secured loan

    Ireland’s CDB Aviation has signed a $700m secured portfolio financing facility from eight banks, as the company looks to diversify its funding sources.

    • 09 Oct 2018

  • Aramco and Total plot $9bn complex

    Saudi Aramco and oil major Total on Monday signed an engineering and design contract to build a $9bn petrochemical complex on Saudi Arabia’s east coast.

    • 08 Oct 2018
  • Russia’s UMMC gets debut loan

    Russia’s Ural Mining and Metallurgical Company (UMMC) has signed its debut syndicated loan, as lenders remain resolute that sanctions have not made the country a no-go zone.

    • 09 Oct 2018
  • Southern Electric hits road with dollar and sterling PP

    GlobalCapital understands UK utility company Scottish and Southern Electric (SSE) is roadshowing in the US private placement (US PP) market for £400m ($528m) equivalent offer across dollars and sterling.

    • 08 Oct 2018
  • UPL launches $3bn loan for Arysta acquisition

    India’s UPL Corp has launched a $3bn five year term loan into general syndication to support its acquisition of Arysta LifeScience.

    • 04 Oct 2018
  • CapitaLand raises S$300m sustainability borrowing

    CapitaLand has raised a S$300m ($218m) sustainability-linked loan from DBS, the first of its kind from Asia’s real estate sector.

    • 04 Oct 2018
  • Botswana diamond sector wins dollar loan backing

    Botswana’s diamond industry has received a $125m boost, after a trio of commercial and state-linked lenders have signed a joint risk loan guaranty agreement.

    • 04 Oct 2018
  • Schuldschein market posts largest quarter since 2008

    The Schuldschein market processed €8.3bn of deals in the third quarter — more than in the whole first half of 2018 — as rising interest rates and higher spreads in the bond market have brought borrowers back.

    • 03 Oct 2018
  • Jumbo hangover leaves spare cash

    October’s deal pipeline in the European leveraged debt markets is increasingly looking like a mismatch between supply and demand.

    • 03 Oct 2018
  • Latest Saudi mega loan puts lending limits on trial

    Saudi Arabia’s newfound zeal for international loans is testing lenders’ credit limits for the country, as banks prepare to digest an up to $50bn financing for Saudi Aramco.

    • 03 Oct 2018
  • PLN attracts 13 for maiden loan outing

    Indonesian power company Perusahaan Listrik Negara has closed its debut offshore loan after exercising part of the greenshoe option.

    • 03 Oct 2018
  • IFC to unveil Operating Principles to guide impact investing

    Work to clarify thinking about impact in investment – meaning its effects on society or the environment – is going on apace. The International Finance Corp will launch next week at the World Bank/IMF annual meetings in Bali a set of Operating Principles for Impact Management, which are designed to complement the framework for analysing impact produced by the Impact Management Project.

    • 03 Oct 2018
  • Barclays delighted with sustainable incubator programme

    Barclays is on the verge of signing up for four more years of its partnership with the Unreasonable Group, a company that supports high-achieving entrepreneurs leading businesses that solve social or environmental problems.

    • 03 Oct 2018
  • Tritax finds storage for sterling loan

    UK REIT Tritax Big Box has signed a £250m short term facility, as the large logistics warehouse investor looks to make acquisitions.

    • 02 Oct 2018
  • Carlyle guides $1.8bn leveraged loan for Nep Group in borrower-friendly market

    Nep Group, a US producer of broadcast programmes, gave price talk below 400bp for all first lien loans in the financing for its buyout by Carlyle, a further sign that margins have tightened in the leveraged loan market.

    • 02 Oct 2018
  • PDO extends tenor on existing loan

    Petroleum Development Oman (PDO) has completed an amend and extend on its syndicated loan, stretching out the tenor of its first international deal.

    • 02 Oct 2018
  • Uniper cuts lenders with early refi

    Germany’s Uniper has refinanced its syndicated credit facility early, with the energy group joining a growing trend of borrowers trimming the number of banks in its lending group.

    • 01 Oct 2018
  • CME group launches Sofr swap clearing and Sonia futures

    Chicago Mercantile Exchange (CME) Group on Monday released clearing for OTC swaps based on the secured overnight financing rate (Sofr), the preferred benchmark to replace dollar Libor.

    • 01 Oct 2018
  • Ghana deputy finance minister cools century bond talk

    Ghana is not preparing to issue 100 year bonds this year, according to deputy finance minister Charles Adu Boahen, but has not ruled them out for 2019, although the nation is looking at different opportunities to raise long term capital.

    • 28 Sep 2018

The GlobalCapital View logo   Comment

  • Cash on the blockchain: banks must catch up

    A reliable way to settle fiat currency transactions on blockchain is the biggest obstacle holding back the financial services industry from realising the benefits of blockchain. More and more organisations are coming up with solutions, so where are the banks?

    • 11 Sep 2018
  • 10 things that changed in 10 years that had nothing to do with Lehman

    Imagining capital markets and investment banking in 2018 without the global financial crisis is a big leap. The chaos and turmoil of 2008 deeply scarred traders, bankers and regulators and defined the intellectual imperatives for the changes that followed — the wholesale revamp of prudential and markets regulation, the bailouts, the reorganisations, the new monetary tools and new ways of seeing the world. But the past 10 years haven’t all been about the crisis.

    • 11 Sep 2018

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   Loan Ranger

  • Loan Ranger: wintry chill

    Last week began with a cheery festive glow but soon changed to a cold chill once discussion turned to the challenges facing the market in 2017.

    • 12 Dec 2016

more Loan Ranger


Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 364,464.18 1046 10.84%
2 Bank of America Merrill Lynch 334,196.00 1065 9.94%
3 Citi 195,851.99 583 5.82%
4 Wells Fargo Securities 187,651.25 696 5.58%
5 MUFG 140,476.30 902 4.18%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 43,227.81 174 7.06%
2 JPMorgan 38,825.76 78 6.34%
3 Credit Agricole CIB 33,071.14 158 5.40%
4 UniCredit 32,366.25 145 5.29%
5 SG Corporate & Investment Banking 31,330.98 120 5.12%

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 364,464.18 1046 10.84%
2 Bank of America Merrill Lynch 334,196.00 1065 9.94%
3 Citi 195,851.99 583 5.82%
4 Wells Fargo Securities 187,651.25 696 5.58%
5 MUFG 140,476.30 902 4.18%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,291.43 13 7.47%
2 Citi 4,999.84 14 7.06%
3 JPMorgan 4,763.03 12 6.72%
4 Mizuho 4,566.75 13 6.45%
5 Sumitomo Mitsui Financial Group 4,158.05 8 5.87%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 16,684.16 83 7.43%
2 Credit Agricole CIB 13,287.71 61 5.92%
3 Deutsche Bank 12,890.62 50 5.74%
4 Goldman Sachs 12,767.85 54 5.68%
5 UniCredit 11,414.29 66 5.08%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 43,227.81 174 7.06%
2 JPMorgan 38,825.76 78 6.34%
3 Credit Agricole CIB 33,071.14 158 5.40%
4 UniCredit 32,366.25 145 5.29%
5 SG Corporate & Investment Banking 31,330.98 120 5.12%

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%