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  • Saudi Arabia seeks $10bn loan, new bond and ECA debt

    Saudi Arabia has requested proposals to refinance its $10bn syndicated loan, signed in 2016. It has also asked for ideas for a dollar bond issue and a possible export credit agency-backed financing, as part of a new financing plan.

    • 12:15 PM
  • Healthcare provider Capio takes bank loan to A&E

    Swedish healthcare company Capio has given its revolving credit facility a shot in the arm by amending and extending it, increasing it by 45% to €343m-equivalent and extending its maturity by 2.5 years.

    • 02:15 PM
  • HIG Capital taps direct lender for Beinbauer stake

    HIG Capital has acquired a controlling stake in German manufacturing firm Beinbauer Group. The fund used financing from direct lender Beechbrook Capital, with both borrower and lender praising the flexibility of the evolving direct lending market.

    • 22 Jan 2018
  • UCB extends revolver to back of its debt queue

    UCB, the Belgian pharmaceutical company has amended and extended its €1bn revolving credit facility early, pushing the maturity of its only commercial bank loan to the far end of its debt profile.

    • 02:00 PM
  • Big loan tickets up for grabs as Sanofi announces M&A

    Investment grade loans bankers are ready to stump up big tickets for bridge loans, and deals are coming their way. Sanofi, the French pharmaceutical group, has announced an $11.6bn debt-financed acquisition of Bioverativ, the blood disorder treatment company, and banks are set to launch at least one other M&A loan into syndication this week.

    • 22 Jan 2018
  • Investec’s UK branch more than doubles loan at $450m

    Investec plc, the South African bank’s UK branch, has signed a loan for $450m — growing to more than double its launch amount of $200m after being three times subscribed.

    • 22 Jan 2018
  • Alloheim launches €600m lev loan for Nordic buyout

    On Friday, the German private nursing care group Alloheim Senioren-Residenzen announced a new leveraged loan offering to fund its buyout by Nordic Capital. The deal is the third to be lined up to close in February, as hopes build of a surge of merger and acquisition driven borrowing.

    • 19 Jan 2018
  • Saudi Electricity scores its largest loan for $2.6bn

    Saudi Electricity Co (SEC) has signed its biggest ever syndicated loan, for $2.6bn, with a club of eight banks, after tapping the same banks for $1.75bn last year. The loan is an unsecured one year bridge facility.

    • 19 Jan 2018
  • African sovereigns set for loan spree

    Emerging market loans bankers are predicting African sovereign issuance will blossom this year, after Kenya led the way with a $1bn transaction last year.

    • 18 Jan 2018
  • US loan covenants sink to weakest level on record

    Moody’s Investors Service said on Thursday that quality of covenants in the US leveraged loan market have dropped to their weakest ever level.

    • 18 Jan 2018
  • Lenders joyful as jumbo M&A season begins

    Investment grade loans bankers are licking their lips as a spate of big UK M&A transactions gathered pace this week, but jumbo acquisitions rarely go smoothly and lenders have already had to adjust expectations after GKN batted away an offer from Melrose.

    • 18 Jan 2018

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  • Carillion: the insouciance of Schuldschein

    The UK building and services company had borrowed Schuldschein loans, which are unlikely to be paid in full — and the Schuldschein market couldn’t care less.

    • 16 Jan 2018

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  • 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 7,282.75 28 13.99%
2 Wells Fargo Securities 5,816.74 24 11.18%
3 JPMorgan 4,440.83 17 8.53%
4 Citi 4,099.27 13 7.88%
5 BMO Capital Markets 2,540.39 5 4.88%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 767.18 3 9.30%
1 BNP Paribas 767.18 3 9.30%
3 UniCredit 735.89 2 8.92%
4 Santander 467.33 2 5.66%
4 SG Corporate & Investment Banking 467.33 2 5.66%

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 7,282.75 28 13.99%
2 Wells Fargo Securities 5,816.74 24 11.18%
3 JPMorgan 4,440.83 17 8.53%
4 Citi 4,099.27 13 7.88%
5 BMO Capital Markets 2,540.39 5 4.88%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,140.74 13 10.18%
2 First Abu Dhabi Bank 4,461.18 18 8.84%
3 Citi 3,695.25 11 7.32%
4 Sumitomo Mitsui Financial Group 3,682.12 11 7.29%
5 Standard Chartered Bank 3,647.08 20 7.23%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 30,388.71 99 8.58%
2 BNP Paribas 22,584.97 136 6.38%
3 Deutsche Bank 18,200.29 101 5.14%
4 Goldman Sachs 18,063.20 75 5.10%
5 HSBC 16,143.35 101 4.56%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 767.18 3 9.30%
1 BNP Paribas 767.18 3 9.30%
3 UniCredit 735.89 2 8.92%
4 Santander 467.33 2 5.66%
4 SG Corporate & Investment Banking 467.33 2 5.66%

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%