Latest leveraged/non-investment grade loans news

  • Dia denies endorsing LetterOne’s debt restructuring plan, but mulls rights issue

    Spanish supermarket group Distribuidora Internacional de Alimentación revealed a new scheme to solve its financial troubles on Wednesday, away from the potential debt cut and cash injection recently suggested by its largest single shareholder LetterOne.

    • 12 Dec 2018
  • HDFC swings into Samurai loan market

    Housing Development Finance Corp is taking the Samurai loan route for its second syndicated financing of the year.

    • 12 Dec 2018
  • Anta mandates six for €2.2bn acquisition loan

    Anta Sports Products has mandated six banks for a €2.2bn loan to back the €4.6bn acquisition of Finnish sports brand Amer Sports Oyj.

    • 11 Dec 2018
  • New EQT direct lending fund four times bigger

    Private equity firm EQT closed its largest direct lending fund on Monday, as market participants forecast a busy year for the market in 2019.

    • 10 Dec 2018
  • GlobalCapital Asia capital markets awards 2018: Loans

    GlobalCapital Asia has spent the last two months talking to banks and their clients in a bid to determine the most impressive capital markets transactions and advisers across Asia ex-Japan in 2018. We are pleased to begin our awards announcements in the loan market.

    • 10 Dec 2018
  • Brexit anxiety kills refi loan from Vue

    Cinema operator Vue International cancelled its £833m-equivalent leveraged loan offering amid increasing investor aversion to sterling risk, as the UK government and Parliament descended into a full-blown clash over the conditions for separation from the European Union.

    • 06 Dec 2018
  • Launches galore from Dongying, Dianchi and Laos bank

    Loans syndicate bankers in Asia are keeping busy until the end of the year with new deal launches from across the region.

    • 06 Dec 2018
  • Education loans in spotlight amid sector, financial challenges

    Three Chinese education companies have ventured out for new loans, adding a dash of diversity to the syndication market. But they come at a time when lenders are increasingly conservative about the sector, owing to stricter regulations and amid concerns around borrowers’ financial performance, writes Pan Yue.

    • 06 Dec 2018
  • Dongying pours out $200m two-tranche financing

    Dongying Fangyuan Nonferrous Metals and Dongying Lufang Metals Material have approached retail lenders for a joint borrowing of $200m.

    • 06 Dec 2018
  • Corp defaults to rise, says Moody’s

    Defaults among borrowers with speculative grade ratings are set to dive at the start of next year, but only for a while, Moody’s said in an outlook report for non-financial corporates this week.

    • 05 Dec 2018

Leveraged/non-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 440,258.99 1275 10.83%
2 Bank of America Merrill Lynch 395,781.42 1269 9.74%
3 Citi 248,870.97 726 6.12%
4 Wells Fargo Securities 226,713.26 844 5.58%
5 MUFG 181,541.37 1031 4.47%

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 19,103.54 89 7.62%
2 JPMorgan 16,881.55 58 6.73%
3 Deutsche Bank 15,679.29 58 6.25%
4 Credit Agricole CIB 14,083.69 66 5.62%
5 Goldman Sachs 13,902.00 61 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 47,043.60 195 6.55%
2 JPMorgan 46,108.71 102 6.42%
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 4.98%

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%