Latest investment grade loans news

  • Green Loan Principles revision adds US trade body and revolvers

    The Green Loan Principles have been updated to include input from US industry body the Loan Syndications and Trading Association (LSTA), with the green lending framework now including language about revolving credit facilities.

    • 02:00 PM
  • Freenet widens pricing after strong SSD run

    European borrowers that flit between public and private debt have been choosing the Schuldschein market because of its comparatively tight pricing in the last few months but this week Freenet, the German telcoms firm, sweetened the terms it was offering investors.

    • 06 Dec 2018
  • Tritax Big Box signs debut US PP

    Tritax Big Box, the London listed industrial real estate investment trust, has sold £400m worth of 10 and 12 year US private placement notes, during the Brexit whirlwind that caused sterling bond markets to falter.

    • 06 Dec 2018
  • UK PP investors fear losing ground as Brexit uncertainty looms

    UK investors that buy US private placements often struggle to compete with North American investors on price, but their disadvantage could be made worse by Brexit, if, as expected, sterling bond spreads widen.

    • 28 Nov 2018
  • Rheinmetall targets KNDS as defence sector under fire

    Germany’s Rheinmetall is in talks to buy a stake in Dutch defence company KNDS, as the European defence sector tries to shelter from the fallout of Brexit.

    • 28 Nov 2018
  • ‘Expect size’ with Faurecia Schuldschein

    French car parts supplier Faurecia has launched a Schuldschein expected to reach a size around €400m to €500m, as attractive euro and dollar spread ranges are planted to attract a wide group of lenders.

    • 27 Nov 2018
  • EDF goes green with amend and extend revolver

    France’s EDF has extended and amended its €4bn revolving credit facility to link it to environmental, social and governance (ESG) standards, as green-centric loans continue to gain traction among borrowers.

    • 27 Nov 2018
  • PP specialist leaves BNP Paribas

    The head of BNP Paribas’ EMEA unrated debt capital markets team has left the bank.

    • 26 Nov 2018
  • US PP market rolls on through Brexit corporate chaos

    The US private placement market (US PP) processed two sterling transactions last week, when TSB was forced to pull its prospective covered bond and VW had to pay elevated new issue concessions to access the sterling bond market. US PP agents believe this once again demonstrates the US PP market’s comparative stability against public markets.

    • 22 Nov 2018
  • Commercial banks tighten grip on SSD as market internationalises

    UniCredit will likely become the first commercial bank to finish a year in the top two arrangers in the Schuldschein market. As the market internationalises, many believe commercial banks are well placed to challenge the Landesbanks’ grip on deal flow.

    • 22 Nov 2018

Investment grade loans news archive

Comment

The GlobalCapital View logo

  • The alarm bells are going off across the City

    Between sleeping and waking, there is a middle phase: you realise it’s time to get up, but can’t quite bear to admit you need to get out of bed. London’s debt capital markets teams are in that zone. Brexit’s alarm has sounded, but few are eager to haul themselves into the cold air of Frankfurt or Paris.

    • 22 Nov 2018

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Capital markets data from GlobalCapital


all loans league tables

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 437,447.77 1266 10.86%
2 Bank of America Merrill Lynch 391,915.03 1262 9.73%
3 Citi 248,091.66 723 6.16%
4 Wells Fargo Securities 224,698.02 835 5.58%
5 MUFG 178,471.81 1027 4.43%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 6,612.85 15 7.24%
2 HSBC 6,299.76 16 6.90%
3 Sumitomo Mitsui Financial Group 6,070.55 12 6.65%
4 Citi 6,061.47 20 6.64%
5 Standard Chartered Bank 5,727.55 25 6.27%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,012.51 88 7.60%
2 JPMorgan 16,881.55 58 6.75%
3 Deutsche Bank 15,679.29 58 6.27%
4 Credit Agricole CIB 14,083.69 66 5.63%
5 Goldman Sachs 13,902.00 61 5.56%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,952.57 194 6.54%
2 JPMorgan 46,108.71 102 6.43%
3 UniCredit 39,106.98 168 5.45%
4 Credit Agricole CIB 36,670.04 182 5.11%
5 SG Corporate & Investment Banking 35,773.91 138 4.99%

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%