Latest investment grade loans news

  • Commercial banks prepared for length in Schuldschein market

    Increasing numbers of commercial banks are investing in seven year Schuldschein loans, as attractive pricing and allocation is luring the lenders further along the credit curve.

    • 22 Jun 2017
  • Andritz doubles target in lengthy Schuldschein offering

    Andritz, the Austrian machinery maker, raised €400m in a dual tranche Schuldschein transaction this week. The large size — with tenors of seven and 10 years — illustrates commercial banks' growing willingness to lend for long.

    • 20 Jun 2017
  • Amazon uses rating-sensitive bridge for Whole Foods takeover

    Amazon is using a rating-sensitive bridge facility for its $13.7bn acquisition of Whole Foods, in the US loan market’s second largest transaction of 2017.

    • 19 Jun 2017
  • Fresenius looks for refi after Moody’s upgrade

    Fresenius Medical Care (FMC) — the dialysis specialist 30% owned by healthcare group Fresenius — is looking to refinance loan facilities, a month after Moody’s upgraded the firm to investment grade

    • 08 Jun 2017
  • Schuldschein taps ground with B. Braun hit

    German medical firm B. Braun sold what some are calling the tightest six year loan in Schuldschein history this week, even as it more than doubled the €150m initial target. However, some Schuldschein bankers believe German issuers have reached the pricing floor.

    • 08 Jun 2017
  • Schuldschein taps ground after B. Braun hit

    B. Braun sold the tightest corporate six year loan in Schuldschein history this week. And more, the German medical firm more than doubled the €150m initial target. But, some Schuldschein bankers believe German issuers have reached the market's pricing floor.

    • 08 Jun 2017
  • Fresenius looks for refi after Moody's upgrade

    Fresenius Medical Care (FMC) — the US subsidiary of German global healthcare group Fresenius — is looking to refinance loan facilities, a month after Moody's upgraded the firm to investment grade.

    • 08 Jun 2017
  • Evonik looks for reaction on loan refi

    German chemicals firm Evonik is in talks with banks to refinance a €1.75bn revolving credit facility.

    • 07 Jun 2017
  • Apple joins riot of issuers in corporate bond market

    The European corporate bond market is again packed to bursting on Wednesday, with six new issues, among which Apple is likely to be one of the most sought after names. This week is building up to a huge total, as LVMH has already raised €4.5bn and Anheuser-Busch InBev £2.25bn.

    • 17 May 2017
  • Qiagen squeezes into Schuldschein market

    Dutch biotechnology firm Qiagen has launched a tightly priced €150m dual currency Schuldschein, with investors treating the Germany-headquartered firm as a domestic issuer.

    • 11 May 2017

Investment grade loans news archive

Comment

The GlobalCapital View logo

  • Time to end the German home bias in Schuldschein

    A German company, of implied investment grade, can waltz into the Schuldschein market, expecting shrinking margins, and a bulging order book. A foreign issuer’s journey is more complicated, and much more costly. For the Schuldschein to be the cosmopolitan darling of international private placement markets — German issuers must lose their home advantage.

    • 06 Jun 2017

more comment

Capital markets data from GlobalCapital


all loans league tables

Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Jun 2017
1 Bank of America Merrill Lynch 152,023.83 542 10.73%
2 JPMorgan 131,970.16 468 9.31%
3 Citi 95,638.59 284 6.75%
4 Wells Fargo Securities 76,462.12 373 5.40%
5 Deutsche Bank 66,070.01 232 4.66%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Jun 2017
1 HSBC 3,237.06 6 25.64%
2 Citi 2,251.69 5 17.84%
3 JPMorgan 1,463.08 3 11.59%
4 First Abu Dhabi Bank 949.00 5 7.52%
5 Standard Chartered Bank 812.06 5 6.43%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Goldman Sachs 10,231.82 32 7.84%
2 JPMorgan 8,649.53 32 6.63%
3 Deutsche Bank 7,504.04 42 5.75%
4 BNP Paribas 7,457.95 38 5.72%
5 Credit Suisse 6,678.77 32 5.12%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Jun 2017
1 Deutsche Bank 22,181.26 60 8.33%
2 Bank of America Merrill Lynch 20,693.49 47 7.77%
3 HSBC 20,036.65 67 7.52%
4 BNP Paribas 12,693.54 67 4.77%
5 SG Corporate & Investment Banking 12,553.14 65 4.71%

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%