Latest leveraged/non-investment grade loans news

  • Paiho Shih returns for $120m refi

    Taiwan’s Paiho Shih Holdings has returned to the offshore loan market, seeking a $120m refinancing loan through KGI Bank.

    • 11:30 AM
  • Tata Motors closes $237.6m loan for bond buyback

    India’s Tata Motors has closed the senior syndication of an offshore loan worth $237.6m, helping the company fund the buyback of bonds due in 2020.

    • 16 Aug 2018
  • CLO resets needed to build ‘runway’ for downturn

    Tom Majewski, chief executive of US CLO equity investment firm Eagle Point, said on Tuesday that the firm was focused on resetting existing CLOs in which it held majority equity positions, in order to improve the arbitrage in the structures and also build “runway” for the company to benefit when the loan market eventually suffers a downturn.

    • 15 Aug 2018
  • US investors peek at Europe’s levfin debt to grab spread growth on similar risk

    Recent cash flows from funds buying European corporate bonds and loans with speculative grade ratings have increased with support from US investors, as markets get ready for the second half of the year.

    • 15 Aug 2018
  • Digital China launches $100m into general

    Chinese information technology company Digital China Group is tapping the offshore loan market for a $100m deal.

    • 14 Aug 2018
  • US levfin volumes jump after strong earnings season

    Both the US high yield and leveraged loan markets absorbed a flurry of deals at the end of last week after second quarter results painted a strong picture for corporate earnings.

    • 13 Aug 2018
  • MMI launches $205m refi into general

    Singaporean hard-drive manufacturer MMI International is seeking a $205m loan, mainly to refinance an old borrowing sealed in 2015.

    • 13 Aug 2018
  • Pan Jit International seeks $190m borrowing

    Taiwanese semiconductor producer Pan Jit International and its subsidiary Pan Jit Asia International are seeking a $190m-equivalent borrowing in two currencies.

    • 10 Aug 2018
  • BIDV closes $150m refi

    Joint Stock Commercial Bank for Investment and Development of Vietnam has closed an offshore borrowing worth $150m. After the company deciding not to exercise a greenshoe option, lenders faced a large scale-back.

    • 09 Aug 2018
  • Wider spreads here to stay, say leverage finance investors

    Buyers of speculative grade debt in Europe have entered August with renewed confidence and the hope that spreads can hold their recent widening during the second half of the year.

    • 08 Aug 2018

Leveraged/non-investment grade loans news archive

Comment

The GlobalCapital View logo

  • China loans reflect bond market fears

    The slow pace of the loan market means it often gives comfort to bond bankers in times of volatility. But for those bankers with heavy pipelines of Chinese offshore bonds, a glance at the outlook for loans now paints a scary picture.

    • 26 Jul 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 301,936.72 832 10.90%
2 Bank of America Merrill Lynch 260,879.45 871 9.41%
3 Citi 164,004.94 495 5.92%
4 Wells Fargo Securities 144,846.02 567 5.23%
5 MUFG 113,207.50 646 4.08%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,471.92 10 7.34%
2 Standard Chartered Bank 3,339.74 12 7.06%
3 JPMorgan 3,173.44 8 6.71%
4 Mizuho 2,818.52 8 5.96%
5 Sumitomo Mitsui Financial Group 2,575.67 5 5.44%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 13,554.26 61 7.13%
2 Deutsche Bank 11,901.17 45 6.26%
3 Credit Agricole CIB 11,825.01 52 6.22%
4 Goldman Sachs 10,865.30 45 5.71%
5 UniCredit 10,484.86 60 5.51%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.56%
2 BNP Paribas 32,284.10 130 6.51%
3 UniCredit 26,992.47 123 5.44%
4 SG Corporate & Investment Banking 26,569.73 97 5.36%
5 Credit Agricole CIB 23,807.36 111 4.80%

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%