• 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
  • 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
  • Porsche halves its spread on €280m Schuldschein return

    Porsche has launched a Schuldschein, priced at about half the spreads on its previous €1.1bn offering in March 2016.

    • 02:00 PM
  • Saudi Arabia launches financing plan

    Saudi Arabia has sent out a request for proposals to refinance its $10bn syndicated loan signed in 2016. The sovereign has also requested ideas for a dollar bond issue and a possible export credit agency (ECA) backed financing.

    • 12:15 PM
  • Ollerenshaw survives Barclays cull

    A new role for Simon Ollerenshaw was announced internally at Barclays on Monday.

    • 11:00 AM
  • Shenzhen Sunway beams debut financing into syndication

    Shenzhen Sunway Communications has reached out to lenders for an up to $250m borrowing, marking its debut in the overseas loan market.

    • 10:00 AM
  • China Houze sets out for $60m loan with IFC umbrella

    China Houze Group, a non-bank financial company, has embarked on its maiden offshore loan syndication with the help of International Finance Corp.

    • 09:15 AM
  • 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
  • Survey shines light on 3.29m index tally

    The Index Industry Association on Monday revealed that its members administered about 3.29m indices around the world, with more than 95% of those referencing equities.

    • 22 Jan 2018
  • 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
  • IndusInd Bank out for biggest offshore borrowing

    Indian lender IndusInd Bank has sent invitations for a $500m borrowing, its largest from the overseas syndicated loan market.

    • 22 Jan 2018
  • AerCap flies in for $600m syndication

    AerCap Holdings, one of the largest aircraft leasing companies in the world, has approached banks for a $600m four year revolver, with three lenders co-ordinating the syndication process.

    • 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
  • PFC $300m five year hits general syndication

    A $300m five year facility for Indian state-owned company Power Finance Corp (PFC), which mandated three banks for the financing in October, is now open to retail participation.

    • 19 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
  • 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
  • HeidelbergCement seals cheaper revolver

    Germany’s HeidelbergCement, rated Baa3/BBB-/BBB-, has signed a new €3bn-equivalent multi-currency revolving credit facility, refinancing debt early to lock in better terms.

    • 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
  • EG Group launches jumbo syndication

    UK petrol station operator EG Group launched a jumbo leveraged loan facility on Thursday, totalling €3.5bn-equivalent, to finance its acquisition of Esso sites in Italy and Germany. Bank meetings are due to be wrapped up by the end of this week.

    • 18 Jan 2018
  • Lenders prepare for covenant battle

    Investment grade loans bankers are trying to hold firm against what they claim is an attempt by borrowers to aggressively loosen deal terms, as the market prepares for a spate of merger and acquisition financing.

    • 18 Jan 2018
  • Carillion collapse rumbles through private debt markets

    The Schuldschein and US PP markets pride themselves on rigorous credit analysis, but both were caught flat-footed when UK outsourcing firm Carillion fell into liquidation this week. The likelihood of private debt investors getting their money back is slim, and the knock-on effects on both markets are being disputed, write Nell Mackenzie and Silas Brown.

    • 18 Jan 2018
  • Risk transfer deal transfers risk

    Risk managers are already turned on to the benefits of balance sheet CLOs — if arrangers and investors in this intensely private market are to be believed, almost every large institution in Europe has been looking at issuing these deals. But they still leave a nasty taste in some mouths.

    • 18 Jan 2018
  • EQT Credit signs largest deal as alternatives power on

    Institutional investors are playing a bigger role in alternative asset classes, a BlackRock survey showed on Thursday, increasing the chance of larger deals. EQT Credit’s latest investment was a case in point.

    • 18 Jan 2018
  • Investec’s UK branch wins big demand for $300m loan despite Steinhoff fall

    Investec Bank plc, the South African bank’s UK branch, is expected to sign a loan to refinance a $300m facility signed in 2015.

    • 18 Jan 2018
  • EG Group oils acquisition plans with jumbo syndication

    UK petrol station operator EG Group launched a jumbo leveraged loan facility on Thursday totalling €3.5bn-equivalent to finance its acquisition of Esso sites in Italy and Germany, with bank meetings due to wrap up by the end of this week.

    • 18 Jan 2018
  • GKN claims Melrose’s takeover bid ‘misleading’

    UK engineering group GKN slapped down the claims made in a hostile takeover bid by industrial conglomerate Melrose on Thursday, leaving loans bankers facing a long wait before they find out if debt will be needed to fund the deal.

    • 18 Jan 2018
  • LMA consults with US PP investors about new documents

    The Loan Market Association is consulting with US private placement investors about creating European PP documentation that is more similar to what they are used to — in the hope that the lenders will be more drawn to European companies as a consequence.

    • 18 Jan 2018
  • Indian lenders woo FIs with overseas push

    Axis Bank’s presence in the top group of a recent loan for Oman’s Bank Sohar has once again put the focus on Indian lenders’ efforts to expand their overseas balance sheets. Banks from the south Asian country see FIG deals as a safe gateway to business in unfamiliar geographies — and are keen to step up their game. Shruti Chaturvedi reports.

    • 18 Jan 2018
  • Pan Brothers spins $150m three year deal

    Three bookrunners have kicked off primary distribution of an up to $150m revolver for Indonesian garment maker Pan Brothers.

    • 18 Jan 2018
  • Cineworld launches $6.6bn financing package for Regal takeover

    On Wednesday, Cineworld launched a $4bn term loan and £1.7bn rights issue to back its acquisition of Regal, the second biggest cinema operator in the US.

    • 17 Jan 2018
  • Two South African corporates expected to launch loans

    Two large South African corporates are due to refinance some loans in the coming weeks, according to bankers close to the deals, who expect activity in the country to be high this quarter.

    • 17 Jan 2018
  • HeidelbergCement seals cheaper revolver

    Germany’s HeidelbergCement (Baa3/BBB-/BBB-) has signed a new €3bn-equivalent multicurrency revolver, with the company refinancing debt early to lock in better terms.

    • 17 Jan 2018
  • Lenders gleeful 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, with lenders confident that the market will be able to provide financing almost no matter what the terms.

    • 17 Jan 2018
  • Carillion loan was hedged in HSBC CLO

    HSBC hedged part of its lending to Carillion in a synthetic CLO, Metrix 2015-1, with the latter company’s liquidation announcement on Monday triggering a credit event in the portfolio.

    • 17 Jan 2018
  • ZhengTong Auto winds up $380m loan with 19 on board

    Luxury auto dealership China ZhengTong Auto Services has wrapped up its latest borrowing at $380m.

    • 17 Jan 2018
  • Deutsche strengthens Asia loan origination with hire

    Deutsche Bank has beefed up its debt origination team in Asia with the addition of an experienced loans banker.

    • 17 Jan 2018
  • Carillion: unhappy in its own way

    Carillion filed for compulsory liquidation on Monday, prompting floods of columnists to rush to display their hours-old knowledge of the UK outsourcing sector and denounce the firm’s borrowing strategy. But what the case proves is that each collapsing company is unhappy in its own way.

    • 16 Jan 2018
  • 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
  • High grade loans bankers dig in for covenant battle

    Investment grade loans bankers are trying to hold firm over what they claim is an attempt by borrowers to aggressively loosen deal terms, as the market prepares for a spate of M&A activity.

    • 16 Jan 2018
  • Muoio readies exit from Jefferies levfin as Ramesh joins

    Tom Muoio, head of European leverage finance capital markets at Jefferies, who was appointed six years ago, will be leaving the bank, as former HSBC leveraged finance director Bala Ramesh joins the team.

    • 16 Jan 2018
  • GEMS Education loan roadshow attracts crowd

    Dubai’s GEMS Education hosted a roadshow last week for a $1.25bn loan, which attracted a mix of local and international banks.

    • 16 Jan 2018
  • Trio launches syndication for Xinjiang Goldwind

    A $300m debut international loan for Chinese wind turbine manufacturer Xinjiang Goldwind Science & Technology has entered primary syndication, after two lenders joined in the senior phase.

    • 16 Jan 2018
  • Bank Sohar seeks $300m in general syndication

    Oman’s Bank Sohar has enlisted three lenders to arrange a $300m new money borrowing.

    • 16 Jan 2018
  • Crédit Agricole veteran Sodhi promoted to global DCM corporates head

    Crédit Agricole has named Atul Sodhi as head of global debt capital markets corporates, for which he will relocate from Hong Kong to Paris.

    • 16 Jan 2018
  • Schuldschein market unfazed as Carillion sinks

    There has been little immediate impact on the broader Schuldschein market after the breakdown of talks between the UK government and Carillion’s creditors over the weekend, which has led to the UK building and services company going into liquidation.

    • 15 Jan 2018
  • Trafigura Pte launches $4.5bn revolving credit facility

    Trafigura’s Singaporean entity Trafigura Pte launched a $4.5bn revolving credit facility on Monday to refinance two loans taken out over the last two years.

    • 15 Jan 2018
  • Villiers to lead UK and Nordic corporate banking for MUFG

    MUFG has appointed Holly Villiers to a new role heading corporate banking for UK, Ireland and the Nordic countries.

    • 15 Jan 2018
  • Updated: Tata Steel mandates 21 for up to $2.16bn six year loan

    India's Tata Steel has lined up a group of 21 lenders for an up to $2.16bn six year loan, which will be launched into primary syndication in a couple of weeks, said bankers close to the deal.

    • 15 Jan 2018
  • VW places €600m SSD with single investor

    Volkswagen Financial Services has raised €600m through a Schuldschein placed with a single investor. The benchmark, which took the market by surprise, left many with more questions than answers.

    • 12 Jan 2018
  • Altran adds to early signs of expected LBO big bang

    Market participants hoping for a surge of large leveraged buyout financings in 2018 have been rewarded already by the arrival of seveal deals. One of them is the funding to finance French engineering services firm Altran's purchase of its peer Aricent.

    • 12 Jan 2018
  • Trans Media tunes in for $301m fundraising

    A $301m-equivalent five year refinancing for Trans Media Corpora has been launched into general syndication by five mandated lead arrangers and bookrunners.

    • 12 Jan 2018
  • Yes Bank makes quick comeback for new loan

    India’s Yes Bank is extending a fundraising spree that began last year, and is back in the overseas loan market for the third time since August 2017.

    • 12 Jan 2018
  • Euro lev loan bankers upbeat after bumper start to year

    With issuers already lining up €6bn of new deals in January, leveraged loan bankers are confident that the European market is set for another booming year in 2018.

    • 11 Jan 2018
  • REWE brings first Schuldschein benchmark this year

    German supermarket group REWE International has become the first company to launch a Schuldschein deal at benchmark size this year, a sign that German blue chips may be busy in the market this year.

    • 11 Jan 2018
  • Optimism in Euro PP market as heavier weights return

    Euro private placement issuance has dwindled in the past few years as larger companies have found cheaper funding elsewhere. But a flurry of chunky transactions late in 2017, including two from prestigious family holding companies, has led some to dream big for the year ahead.

    • 11 Jan 2018
  • Telefonica Deutschland launches Schuldschein using blockchain

    Telefonica Deutschland launched a €200m Schuldschein on Thursday, which included a €50m one year tranche that was placed using blockchain technology.

    • 11 Jan 2018
  • TowerBrook funds Bosal unit buyout with private EQT loan

    Bosal, the Dutch manufacturer of industrial equipment, is selling its tow bar division to private equity firm TowerBrook. EQT has provided the financing for the acquisition.

    • 11 Jan 2018
  • Adnoc to tap Japanese lenders for $3bn

    Abu Dhabi National Oil Co (Adnoc) is due to sign a $3bn loan with four lenders — three of which are Japanese — next week, after borrowing $6bn from the international market in November last year.

    • 11 Jan 2018
  • India to be a bright spot for loan syndications in first quarter

    Indian loan activity has got off to a steady start, with a large borrowing for companies under the Tata Group, including Tata Steel, due to be mandated shortly. Lacklustre credit demand from Indian firms may become a thing of the past as market participants are betting on a pick-up in momentum from the country this year. Shruti Chaturvedi reports.

    • 11 Jan 2018
  • China Water Affairs sails in for $200m five year

    China Water Affairs has returned to the international loan market after two years for a $200m fundraising.

    • 11 Jan 2018
  • LBO loans and roses: Flamingo seeks €300m loan

    Private equity firm Sun European Partners is merging its portfolio business Flamingo with Afriflora, the world’s largest exporter of roses to Europe, and funding it with an all-leveraged loan deal.

    • 10 Jan 2018
  • REWE brings first Schuldschein benchmark this year

    German retail group REWE International has become the first company to launch a Schuldschein at benchmark size this year, a sign that German blue chips may be active in the market this year.

    • 10 Jan 2018
  • US private placements to get green bug

    The trend for green debt issuance is set to touch the US private placement (PP) market this year, bringing yet another segment of the debt capital markets within its ambit.

    • 10 Jan 2018
  • Telkom hunts for €1bn acquisition financing

    Telekomunikasi Indonesia (Telkom) has asked banks to submit bids for a €1bn financing to support its M&A activities, said a banker whose firm is in the race for the mandate.

    • 10 Jan 2018
  • KKR, Barings close private debt funds

    KKR closed fundraising for a $2.24bn global private credit fund on Monday that will target private junior and mezzanine corporate debt as well as asset-backed financing, while on Tuesday Barings said it had closed a $1.85bn fund that will invest in private senior secured middle market loans.

    • 09 Jan 2018
  • QNB’s loan underwrite shows only partial market confidence

    Qatar National Bank (QNB) launched a $3bn loan on Monday, the first real test of the market since Qatar’s Gulf Cooperation Council (GCC) neighbours severed diplomatic ties with the sovereign. Nine banks have agreed to underwrite the full amount ahead of general syndication, showing initial fears have subsided. But the test is not over — will Qatar’s other relationship banks step up?

    • 09 Jan 2018
  • Investcorp hires Rothschild senior adviser for new credit funds business

    Investcorp has hired Phil Yeates as managing director and head of European credit funds, after he had spent 24 years at Rothschild.

    • 09 Jan 2018
  • Investors offered €5bn levloan pipeline in borrower’s market

    The list of European leveraged loan deals for January is rapidly growing, with multi-billion offerings in euros, sterling and dollars as borrowers seek low margins. But some buyers believe the market is becoming too hot, too fast.

    • 09 Jan 2018
  • Oman Gas to sign $1bn club loan

    Oman Gas Co, Oman’s midstream natural gas transportation company, is expected to sign a $1bn loan with a club of banks.

    • 09 Jan 2018
  • Taqa prices out banks on $1.25bn loan

    Abu Dhabi Energy Co (Taqa) has signed a $1.25bn loan with a small club as some banks were deterred by the deal’s tight pricing.

    • 09 Jan 2018
  • Jacquet Metal Service enters Schuldschein market for second helping

    Jacquet Metal Service, the French steel construction and distribution company, has launched its second Schuldschein, aiming it at Asian and European commercial banks.

    • 09 Jan 2018
  • GEA hopes ratings will pull institutions to Schuldschein return

    GEA Group, a maker of equipment for the food processing industry in Düsseldorf, has launched a €150m dual tranche Schuldschein, hoping to attract a wide variety of investors.

    • 09 Jan 2018
  • Trans Media plans new loan outing

    Trans Media Corpora, the TV broadcasting arm of Indonesian conglomerate CT Corp, is due to launch a new borrowing into general syndication soon, according to two bankers working on the transaction.

    • 09 Jan 2018
  • VietinBank taps loan market for new $100m financing

    Vietnamese state-owned VietinBank is back in the loan market with a $100m fundraising, this time with one lender at the helm.

    • 09 Jan 2018
  • Mangla Group sets up €1.2bn Catalan lending fund

    India’s real estate firm Mangla Group has joined with a Catalonian pro-independence business lobby, Cercle Català de Negocis (CCN), to establish a new property-backed direct lending fund aimed at businesses in Catalonia and the Balearic islands.

    • 08 Jan 2018
  • Scope claims that troubled issuers will put SSD investors off

    Scope Ratings, a rating agency in Berlin, has warned that Schuldschein issuance may fall as a consequence of the 2017 credit difficulties of international borrowers Carillion and Steinhoff International.

    • 08 Jan 2018
  • QNB confidently launches $3bn loan

    Qatar National Bank has launched a $3bn loan with nine banks underwriting the facility.

    • 08 Jan 2018
  • ChemChina's $5.5bn refi heads into general

    A $5.5bn senior secured loan to refinance China National Chemical Corp’s (ChemChina) outstanding debt has been launched into general syndication by 16 mandated lead arrangers and bookrunners.

    • 08 Jan 2018
  • Regional Capital Markets Awards Part I: Loans

    In the first instalment of our 2017 awards, we present the full write-ups of the winners for Best Investment Grade Syndicated Loan, Best High Yield Syndicated Loan, Best Leveraged/Acquisition Finance, Best Loan and Best Loans House.

    • 07 Jan 2018
  • Lev loan first deals: Dexko, Planasa

    While the high yield bond pipeline has yet to reveal its first roadshow of 2018, two leveraged loan borrowers announced new deals on Friday. They are trailer supplier Dexko Global and Planasa, the Spanish berry producer.

    • 05 Jan 2018
  • Tata Motors' £640m refi heavily oversubscribed

    The response to Tata Motors' £640m ($839m) refinancing has been phenomenal, with the loan generating commitments exceeding $1bn, said bankers close to the situation.

    • 05 Jan 2018
  • Two PXFs join Russia pipeline

    Siberian Coal Energy Co (Suek) and Russian Copper Co are expected to sign pre-export finance facilities after launching their deals before the end of 2017.

    • 04 Jan 2018
  • Competition for Russian loans to ramp up despite new sanctions

    International banks are expecting competition in the Russian loan market to heat up even further than it did over the course of last year, regardless of the onset of further sanctions from the US. Bianca Boorer reports.

    • 04 Jan 2018
  • German blue chips mull Schuldschein comeback

    The Schuldschein pipeline is filling up fast, and German blue chips, mostly absent last year, are considering returning with benchmark deals, bankers said this week. If so, the Schuldschein market will look to add these chunky transactions to a repeat of last year’s heavy deal flow.

    • 04 Jan 2018
  • German blue chips mull Schuldschein comeback

    The Schuldschein pipeline is filling up fast, and there are rumours that German blue chips, mostly absent last year, are considering returning with benchmark transactions. If that is the case, the Schuldschein market will look to add these chunky transactions to a repeat of last year’s heavy deal flow.

    • 04 Jan 2018
  • Gulf crisis deters Chinese banks from Doha Bank loan extension

    Qatar’s Doha Bank extended a $575m loan that was scheduled to mature at the end of last year but it did not extend the whole amount as the deal's Chinese lenders pulled out.

    • 04 Jan 2018
  • Shelved Ant-MoneyGram deal casts cloud over China M&A

    Asia’s leveraged finance bankers started the year hopeful that volumes would pick up. However, US regulators have already undermined those hopes, blocking Ant Financial’s high-profile acquisition of local firm MoneyGram, calling into question the chances of further outbound deals from China. Shruti Chaturvedi reports.

    • 04 Jan 2018
  • Chow Tai Fook rolls out $1.3bn five year fundraising

    Activity in the Hong Kong loan market has made a robust start to the year, with a big loan for Chow Tai Fook entering syndication.

    • 04 Jan 2018
  • Theme for 2018: Radical US tax reform could change the corporate landscape

    Economic conditions are ripe for the mergers and acquisitions that drive capital markets. Into this mix comes a potential US tax reform more radical than any for decades. This is bound to tilt boardroom decisions about strategy — if nothing else, US CEOs could suddenly have more cash back at HQ than they know what to do with. Jon Hay and Sam Kerr report.

    • 03 Jan 2018
  • Refresco UK plant sale seen as way to save Cott leveraged buyout

    Refresco’s $1.25bn acquisition of Cott’s drinks bottling business raises monopoly concerns, the UK Competition and Markets Authority (CMA) said this week. But market sources see a quick fix ahead.

    • 03 Jan 2018
  • Citi’s Drury wins ‘inch by inch’ fight for ECM supremacy

    Citi finished 2017 in its highest ever position in the EMEA league tables, leading from the front in ECM. David Rothnie asks whether it can topple JP Morgan.

    • 03 Jan 2018
  • Two more PXFs join Russia deal pipeline

    Siberian Coal Energy Co (Suek) and Russian Copper Co are expected to sign pre-export finance facilities after launching their deals before the end of 2017.

    • 03 Jan 2018
  • South Africa’s MTN Group heads to Taipei for NDR

    South African telecommunications company MTN Group is holding a non-deal roadshow in Taipei this month.

    • 03 Jan 2018
  • Tata Steel and Jio-RComm loans in spotlight

    India’s Tata Steel has issued indicative pricing for a borrowing totalling $2.15bn, which will mainly refinance debt at its Singaporean and Dutch units.

    • 03 Jan 2018
  • Relief, but no MiFID II boom for Schuldschein

    Whether MiFID II will affect the Schuldschein market is often discussed in Frankfurt. As collections of bilateral loans, Schuldscheine are exempt from the regulation — leading some to predict a boon for the asset class. But the optimism in some quarters is overdone.

    • 02 Jan 2018
  • EQT helps Abac Capital with Catalan Metalcaucho

    Sweden-based EQT has provided funding to Abac, a private equity firm in Catalonia, to invest further in local portfolio company Metalcaucho, which makes spare parts for cars. This was despite political unrest in the region.

    • 02 Jan 2018
  • Premium Schuldschein? Institutional lenders ready their pitch

    Institutional lenders have participated in the Schuldschein market for decades. But as the market heats up, their offering of long-dated lending with a need for financial covenants has become less sought after. Now the institutions are working out ways to return.

    • 02 Jan 2018
  • Schuldschein market limbers up for busiest first quarter

    Bankers are predicting the busiest first quarter on record, as the year ahead looks set to reflect the momentum of the last.

    • 02 Jan 2018
  • Russia’s Mechel to further restructure $1bn PXF

    Russian mining and metals producer Mechel has successfully obtained sufficient support from its lenders to go ahead with further restructuring a $1bn syndicated loan facility.

    • 02 Jan 2018
  • Isbank leasing launches loan

    Is Financal Kiralama (Is Leasing), Isbank’s leasing arm, is expected to sign a $75m loan which it has mandated Bank ABC to arrange.

    • 02 Jan 2018
  • NTPC fires up 10yr loan in primary

    A $350m-equivalent yen denominated borrowing for Indian power financier National Thermal Power Corp (NTPC) has entered primary syndication, testing the market’s appetite for a 10 year maturity.

    • 02 Jan 2018

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%