Investec doubles loan to $600m

South African bank Investec signed a $600m syndicated loan on Wednesday, double the initial launch amount, making it the second successful bank financing to come out of the country this month after Standard Bank’s $1bn loan.

  • By Bianca Boorer
  • 06 Sep 2017

The bank launched the deal at $300m in June, and since then commitments have poured in with more than $700m coming from 30 banks. All the banks were accommodated by scaling back on the ticket sizes.

Bank of America Merrill Lynch and Commerzbank coordinated the deal. BAML also acted ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 280,920.77 948 10.87%
2 JPMorgan 242,452.80 885 9.38%
3 Citi 169,334.62 530 6.55%
4 Wells Fargo Securities 136,167.12 642 5.27%
5 Barclays 103,623.11 429 4.01%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,666.99 10 15.51%
2 Citi 3,086.50 9 13.06%
3 First Abu Dhabi Bank 2,644.31 11 11.19%
4 JPMorgan 1,496.41 4 6.33%
5 SG Corporate & Investment Banking 1,375.20 5 5.82%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,227.31 60 7.02%
2 BNP Paribas 13,525.21 72 6.24%
3 Goldman Sachs 12,507.36 48 5.77%
4 Deutsche Bank 11,531.87 64 5.32%
5 HSBC 11,159.39 69 5.14%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 31,971.88 102 6.87%
2 HSBC 31,940.18 140 6.87%
3 Bank of America Merrill Lynch 29,065.55 82 6.25%
4 BNP Paribas 24,679.63 135 5.30%
5 SG Corporate & Investment Banking 22,195.55 122 4.77%

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%