Latest emerging markets loans news
-
China Forestry plants new $100m loan
China Forestry Group is back in the loan market with a $100m deal, after hiring two banks to run the transaction.
-
Loans in Brief: September 20, 2019
-
ChemChina seeks consent to amend old loan
China National Chemical Corp (ChemChina) is seeking lenders’ consent to amend terms of a $5.5bn dual-tranche loan sealed last year, as it undergoes a debt restructuring, according to bankers.
-
Lai Sun Development bags HK$3.6bn green loan
Lai Sun Development, a Hong Kong-listed property developer and investor, has sealed a hugely popular HK$3.6bn ($460m) four year green loan to finance the Hong Kong Ocean Park Marriott Hotel.
-
Wolong closes €150m loan with 14 lenders
China’s Wolong Electric Group has closed its €150m debut offshore borrowing with 14 lenders.
-
Olam returns for $2bn club loan
Singapore-based agriculture company Olam International has returned to the loan market for its annual refinancing.
-
Sukuk and bonds seduce Gulf borrowers as loans wither
Gulf borrowers are being increasingly lured by the attractive terms offered in bond and sukuk markets, much to the detriment of international lenders, many of which are disgruntled by the disappointing loan volumes in the region.
-
Cocobod tightens up annual facility
Ghana Cocoa Board (Cocobod) has closed its annual refinancing, securing a $1.3bn facility from a range of international lenders. The facility, Cocobod's second international borrowing this year, has tighter margins than last year's round, illustrating a healthy appetite for one of Africa's most frequent borrowers.
-
GoerTek makes comeback for $300m refinancing
Chinese acoustic components maker GoerTek is making a comeback to the loan market after a two-year break, seeking $300m for refinancing.
-
JA Solar beams $100m borrowing
China’s JA Solar Holdings, which was taken private last year, has returned to the offshore loan market, inviting banks to join a $100m facility.
Comment
-
Are you Sirius? Protecting retail investors from themselves
Sirius Minerals is in big trouble, and that means big losses ahead for the mainly retail investor base, who saw their shares dive 50% on Tuesday morning. Since the crisis, regulators have strained every nerve to keep complex, risky products out of retail hands — while retail investors have merrily piled into loss-making tech stocks and cryptocurrencies, and gambled on extractive industries. How much protection do they need?
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trial
Latest Issue
Read the magazine on your mobile device
Most Viewed: Syndicated Loans
Bank Profiles
Latest news by market and league table performance
Global Syndicated Loan Volume
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 281,090.79 | 775 | 11.17% |
| 2 | Bank of America Merrill Lynch | 262,220.47 | 804 | 10.42% |
| 3 | Citi | 161,552.26 | 479 | 6.42% |
| 4 | Wells Fargo Securities | 144,519.55 | 546 | 5.74% |
| 5 | MUFG | 128,529.79 | 736 | 5.11% |
Bookrunners of Middle East and Africa Loans
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | First Abu Dhabi Bank | 3,439.28 | 15 | 7.75% |
| 2 | Standard Chartered Bank | 3,038.82 | 11 | 6.85% |
| 3 | Sumitomo Mitsui Financial Group | 2,713.59 | 10 | 6.11% |
| 4 | Mizuho | 2,626.00 | 11 | 5.92% |
| 5 | Citi | 2,349.19 | 11 | 5.29% |
Bookrunners of European Leveraged Loans
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | BNP Paribas | 8,888.30 | 60 | 6.85% |
| 2 | Deutsche Bank | 8,575.51 | 45 | 6.61% |
| 3 | Credit Agricole CIB | 8,336.05 | 46 | 6.42% |
| 4 | JPMorgan | 7,620.98 | 38 | 5.87% |
| 5 | Goldman Sachs | 7,362.10 | 39 | 5.67% |
Bookrunners of European Marketed Syndicated Loans
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | BNP Paribas | 33,643.72 | 149 | 7.28% |
| 2 | Credit Agricole CIB | 33,397.69 | 144 | 7.23% |
| 3 | JPMorgan | 25,483.12 | 69 | 5.52% |
| 4 | Bank of America Merrill Lynch | 23,368.44 | 65 | 5.06% |
| 5 | SG Corporate & Investment Banking | 22,643.54 | 106 | 4.90% |
Syndicated Loan Revenue - EMEA
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 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% |
