• Mashreqbank on a roll with African bank loans

    Dubai's Mashreqbank is adding a deal for Nigeria's Access Bank to the string of loans to African financial institutions it has arranged.

    • 23 Feb 2018
  • Tata Steel loan shrinks to $1.7bn after successful bond

    India's Tata Steel, which mandated a group of 21 lenders last month for a new loan, has shrunk the size of the fundraising following a blowout bond issuance.

    • 23 Feb 2018
  • Foreign bankers sceptical as IRFC eyes Japanese for 10 year loan

    Indian Railway Finance Corp has turned heads in the loan market with its request for up to $250m of 10 year money. While some market participants balked at the idea of 10 year commercial loans, those at the firm’s main target audience — Japanese banks — think the deal is worth a look. Shruti Chaturvedi reports.

    • 22 Feb 2018
  • Turkey’s Ziraat bank launches $1bn refi

    Ziraat Bank launched a $1bn loan to refinance a facility signed in April last year, with pricing in line with Turkish peer Akbank’s new loan.

    • 21 Feb 2018
  • VPBank Finance’s $200m borrowing opens in general

    VPBank Finance is tapping international loan market liquidity for an up to $200m three year facility, which has two lenders at the helm.

    • 21 Feb 2018
  • ECA financing on the rise in the Middle East

    Demand for export credit agency financing is growing among firms operating in the Middle East as banks clamp down on lending amid low oil prices over recent years.

    • 20 Feb 2018
  • IRFC has 'fingers crossed' for $250m 10 year loan

    Indian Railway Finance Corp has approached offshore lenders for a financing of up to $250m-equivalent in Japanese yen. But the company may struggle to generate demand from maturity-shy Japanese lenders, said a banker familiar with the deal.

    • 20 Feb 2018
  • MidEast trade finance experts see opportunities in political climate

    A hardening of the US attitude to Iran, tensions with Turkey and the Qatari crisis may be closing some doors for trade in the Middle East but experts are convinced it is opening others, with China's One Belt, One Road initiative pushing countries such as China, India and Russia towards the region.

    • 19 Feb 2018
  • Türk Eximbank seeks $300m loan, outside Akbank

    Türk Eximbank is in the market for a $300m loan to refinance debt and support exporters.

    • 19 Feb 2018
  • CEE loan pipeline heats up with PXFs

    Deal flow in Central and Eastern Europe (CEE) is picking up, according to international loan bankers, with more pre-export finance facilities from Russia and some anticipated event driven transactions in the rest of the region.

    • 15 Feb 2018
  • Bank Sohar’s $300m loan to be oversubscribed

    Bank Sohar, the Omani bank, is expected to sign an oversubscribed three year loan for $300m by the end of February. Demand for the facility has been high from international banks despite the country’s rising budget deficit.

    • 14 Feb 2018
  • EM investors turn picky as volatility bites

    The recent bout of volatility has claimed its first victim in the emerging markets after Russia’s State Transport Leasing Company (GTLK) postponed its proposed seven year dollar bond.

    • 14 Feb 2018
  • Dubai Holding’s telecom business seeks $572m refi

    Investment holding company Dubai Holding’s telecom business — Emirates International Telecommunications (EIT) — is looking to refinance a previous facility with a Dh2.1bn ($572m) club loan.

    • 13 Feb 2018
  • Lenovo plugs in for $1bn new money borrowing

    Chinese smartphone and laptop maker Lenovo Group has approached lenders in the offshore loan market for a $1bn fundraising.

    • 13 Feb 2018
  • Yildiz Holding restructures $1bn loan

    Turkish food giant Yıldız Holding has restructured the equivalent of $1bn in short term loans into one long term syndicated loan, as part of its efforts to facilitate its growth plans for this year.

    • 12 Feb 2018
  • Top Glove loan cruises to oversubscription

    A $310m two-part borrowing to support Malaysian surgical glove maker Top Glove Corp’s acquisition of Aspion is oversubscribed, with a handful of banks committing to the deal.

    • 12 Feb 2018
  • Golden Eagle hunts for $500m facility with five

    Chinese department store operator Golden Eagle International Trading is back in the overseas loan market after a gap of three years for a $500m financing.

    • 09 Feb 2018
  • Keep Qatar and carry on

    Ever since six Arab countries led by Saudia Arabia and the UAE ostracised Qatar last summer, banks have been agonising over the feud.

    • 08 Feb 2018
  • Banks stick by Qatar on QNB funding despite Gulf spat

    Qatar National Bank (QNB) has signed a $3.5bn loan with 21 international banks, with one of those also selling over $2.3bn of MTNs for the issuer, showing that banks’ jitters about supporting Qatari entities in the wake of the dispute between the sultanate and six other Arab states have partly been assuaged. Bianca Boorer and Virginia Furness report.

    • 08 Feb 2018
  • Mezz gains popularity amid rising valuations

    Leverage finance bankers are bracing themselves for a rise in mezzanine financing in Asia, buoyed by talk that part of the HK$32bn loan to back a record-breaking Hong Kong property deal will be financed with junior debt.

    • 08 Feb 2018
  • GlobalCapital Loan Awards 2017: the full results

    GlobalCapital revealed the winners of its 2017 Loan Awards at its annual Loans and Leveraged Finance Awards Dinner at Gibson Hall in London on February 7. The full results are below: GlobalCapital congratulates all the winners and nominees.

    • 07 Feb 2018
  • QNB signs $3.5bn loan with 21 banks at lower pricing

    Qatar National Bank has signed a $3.5bn loan with 21 international banks, showing that banks' jitters about supporting Qatari entities in the wake of the dispute between the sultanate and six other Arab states have partly been assuaged.

    • 07 Feb 2018
  • Sabic in talks with banks about loan financing

    Saudi Basic Industries Corp (Sabic), a diversified chemicals producer, is looking to raise a large syndicated loan with international banks, according to sources close to the potential deal.

    • 07 Feb 2018
  • China Taiping picks one for HK$500m club

    State-owned insurer China Taiping Insurance Holdings is raising a HK$500m loan from the offshore market, according to sources.

    • 07 Feb 2018
  • Kosmos Energy refis $1.5bn RBL

    US oil and gas company Kosmos Energy, which operates in Africa, has refinanced a reserve-based lending facility signed in 2015.

    • 06 Feb 2018
  • Digi Communications adds five banks to bridge loan

    Digi Communications’ Hungarian subsidiary has refinanced part of a €200m bridge loan provided by Citigroup and ING in October last year, which was used to fund the acquisition of a subsidiary of fellow Hungarian communications company Invitel.

    • 06 Feb 2018
  • QNB to increase loan due to oversubscription

    Qatar National Bank is expected to increase its loan to around $3.25bn, after it received commitments exceeding its launch amount.

    • 05 Feb 2018
  • Terms emerge for Indorent’s $100m syndicated loan

    Pricing details are out for a $100m facility for car rental service provider CSM Corporatama, better known as Indorent.

    • 05 Feb 2018
  • Indorent revs up $100m syndicated loan

    Car rental service provider CSM Corporatama, better known as Indorent, has reached out to lenders for a $100m syndicated loan, said bankers who received a preliminary email asking them to attend a roadshow.

    • 02 Feb 2018
  • Unclear future for Russian issuance as US sanctions talk returns

    Some of the wealthiest and most influential businesspeople in the Russian Federation received an expected, but still unpleasant, piece of news on Monday with the publication of a US Treasury Department list that is expected to precede new sanctions, write Sam Kerr and Bianca Boorer.

    • 01 Feb 2018
  • EU law to steer markets to green future

    Europe’s financial system turned a corner this week, as the European Commission declared it would introduce legislation to redirect markets towards sustainability and equip them to face the threat of climate change, writes Jon Hay.

    • 01 Feb 2018
  • Barclays cuts hit EMEA levfin head, ECM vice-chair, other senior bankers

    The round of redundancies at Barclays Investment Bank has hit more senior figures, including the head of EMEA leveraged finance, a vice-chairman in ECM, the COO of EMEA banking, as well as other managing directors across the origination businesses.

    • 01 Feb 2018
  • Yunnan Energy fires up $200m three year bullet

    Yunnan Provincial Energy Investment Group is out with its first borrowing in the international loan market.

    • 01 Feb 2018

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 30,623.58 125 9.68%
2 JPMorgan 28,965.03 121 9.16%
3 Citi 22,140.67 74 7.00%
4 Wells Fargo Securities 18,669.11 90 5.90%
5 Deutsche Bank 16,124.80 46 5.10%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UOB 388.89 1 11.11%
1 Sumitomo Mitsui Financial Group 388.89 1 11.11%
1 Standard Chartered Bank 388.89 1 11.11%
1 Mizuho 388.89 1 11.11%
1 Mitsubishi UFJ Financial Group 388.89 1 11.11%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 1,659.34 6 7.12%
2 ING 1,631.78 5 7.00%
3 Goldman Sachs 1,565.51 5 6.72%
4 Deutsche Bank 1,532.98 4 6.58%
5 Citi 1,439.08 6 6.17%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9,857.42 14 13.05%
2 SG Corporate & Investment Banking 7,833.35 12 10.37%
3 Goldman Sachs 5,773.27 11 7.65%
4 Citi 4,606.54 14 6.10%
5 BNP Paribas 4,132.76 19 5.47%

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%