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  • Uralkali gets $850m despite new US sanctions

    Russian potash company Uralkali signed a $850m pre-export finance facility with 11 banks on Wednesday, showing that investor appetite for the country remains strong despite the US enforcing more sanctions.

    • 17 Aug 2017
  • Neuberger Berman calls for global HY funds to incorporate euro levloans

    A growing number of European high yield borrowers are replacing their bonds with leveraged loan debt. This week, investment management company Neuberger Berman decided to add leveraged loans into its bond strategy, and said more investors should follow suit to avoid missing new speculative grade issuance.

    • 17 Aug 2017
  • Lev loan market prepares for more retail asset stripping

    The number of highly leveraged retailers including clauses in loans that allow them to strip out valuable collateral into separate subsidiaries, out of reach of secured lenders, has reached “extreme” levels, according to loan market sources.

    • 16 Aug 2017
  • China-CEE Fund to pony up for acquisition of Invitel with €130m loan

    Hungary’s second largest corporate communications provider Invitel is due to sign a €130m syndicated loan facility at the end of the month to fund its change in ownership from Mid Europa Partners to China-CEE Investment Cooperation Fund.

    • 16 Aug 2017
  • Saudi Electricity Co taps loan market for $1.75bn

    Saudi Electricity Co (SEC), the largest utility company in the Middle East and North Africa, signed its largest international syndicated loan of $1.75bn on Wednesday with eight banks.

    • 16 Aug 2017
  • Akbank scores another $1.2bn with new Asian lenders

    Akbank, one of Turkey’s largest banks, has secured another $1.2bn facility for this year with the same number of banks as its facility in March but with new Asian lenders on board and tighter pricing.

    • 16 Aug 2017
  • CVC’s AR ups leverage at no extra cost

    AR Packaging, the Swedish maker of packaging for food, increased its LBO loans with a dividend recapitalisation deal on Tuesday. The move follows a trend of loan borrowers taking on more leverage ahead of new European Central Bank guidance on leverage limits.

    • 15 Aug 2017
  • Stada’s €5bn LBO to heat up post-summer pipeline

    The European leveraged finance markets are licking their lips in anticipation of a new €2.5bn deal backing Bain and Cinven’s takeover of Stada Arzneimittel, the German generic drug manufacturer.

    • 12 Jul 2017
  • Grünenthal, Oiltanking enjoy blossoming Schuldschein market

    Two further Schuldschein deals at least doubled in size this week after Lonza's bumper earlier deal, as the market eclipsed its issuance level for the whole of 2016.

    • 10 Aug 2017
  • Holland & Barrett still at till with LBO financing

    All eyes in the leveraged loan market this week were trained on UK health food retailer Holland & Barrett.

    • 10 Aug 2017
  • EuroChem to sign loan to refi $325m of bond

    Russian fertiliser company EuroChem is due to sign a loan in three weeks’ time to refinance $325m of a $500m bond it launched in June as well as previous loan facilities.

    • 10 Aug 2017

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  • Abu Dhabi boycott scenario leaves no one crying

    The spat between Qatar and its GCC neighbours has reared its ugly head in the capital markets, with the possibility of Abu Dhabi informally boycotting Qatari-owned banks on the table. But neither side is likely to really feel the pinch.

    • 15 Aug 2017

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   Loan Ranger

  • Loan Ranger: Christmas spirits

    The holiday season kicked off at the Loan Syndicate Managers’ Forum’s carol concert in London last week and, as usual, Canon David Parrott delighted the crowd with another lively sermon — though one banker risked life and limb by questioning the quality of the drinks served at the Commerzbank reception...

    • 19 Dec 2016

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 245,537.97 839 10.73%
2 JPMorgan 219,169.87 785 9.58%
3 Citi 148,096.80 459 6.47%
4 Wells Fargo Securities 118,810.14 573 5.19%
5 Barclays 95,051.53 385 4.15%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,458.91 116 7.05%
2 Deutsche Bank 26,902.99 90 6.66%
3 Bank of America Merrill Lynch 24,997.04 70 6.19%
4 BNP Paribas 21,217.62 120 5.25%
5 Credit Agricole CIB 19,454.23 112 4.82%

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 245,537.97 839 10.73%
2 JPMorgan 219,169.87 785 9.58%
3 Citi 148,096.80 459 6.47%
4 Wells Fargo Securities 118,810.14 573 5.19%
5 Barclays 95,051.53 385 4.15%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 3,571.16 8 16.74%
2 Citi 3,053.17 8 14.31%
3 First Abu Dhabi Bank 2,548.48 9 11.95%
4 JPMorgan 1,463.08 3 6.86%
5 SG Corporate & Investment Banking 1,375.20 5 6.45%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,887.75 55 6.77%
2 BNP Paribas 12,922.24 69 6.29%
3 Goldman Sachs 11,801.80 45 5.75%
4 Deutsche Bank 11,123.41 61 5.42%
5 Bank of America Merrill Lynch 10,782.14 44 5.25%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,458.91 116 7.05%
2 Deutsche Bank 26,902.99 90 6.66%
3 Bank of America Merrill Lynch 24,997.04 70 6.19%
4 BNP Paribas 21,217.62 120 5.25%
5 Credit Agricole CIB 19,454.23 112 4.82%

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%