Latest leveraged/non-investment grade loans news

  • Turk Eximbank make quick comeback for €300m

    Turk Eximbank, which wrapped up a €412m refinancing in March, has turned its attention to the Asian loan market for a fresh money €300m borrowing.

    • 23 Jun 2017
  • Times Property builds $160m dual currency loan

    Chinese real estate developer Times Property has hit the loan syndications market for a dual currency financing, about two months after issuing an offshore bond.

    • 23 Jun 2017
  • Nord Anglia tightens amid commitments rush

    International schools operator Nord Anglia has tightened pricing and accelerated the deadline on its $1.22bn-equivalent euro term loan, while up to six leveraged loans are due to close syndication at the end of the week.

    • 23 Jun 2017
  • GLP, Hutchison M&A loans keep bankers on their toes

    The Asian M&A market is heating up, providing loans bankers with some welcome relief following a relatively quiet first half. Promising opportunities from the potential spin-off of Hutchison Global Communications (HGC) and the sale of Singapore’s Global Logistic Properties have set the stage for more activity. Shruti Chaturvedi reports.

    • 22 Jun 2017
  • Dunlop signs £45m direct lending deal with Permira for buyout

    Permira Debt Managers has sole-financed Liberty Hall Capital Partners’ $135m acquisition of UK aircraft tyre company Dunlop with a £45m loan, after closing its third direct lending fund at €2.1bn this week.

    • 21 Jun 2017
  • CVC buys two TMT firms, Blackstone agrees Celanese JV

    CVC flexed its buyout muscles again this week, buying two European tech companies for more than €1bn, while Blackstone has agreed to a joint venture for its recently acquired cigarette filter making business Rhodia Acetow with a unit of US chemicals firm Celanese.

    • 20 Jun 2017
  • Indo FIs line up syndicated loans totalling $700m

    Two Indonesian financial institutions, Bank Negara Indonesia (BNI) and Adira Dinamika Multi Finance, are scheduled to hit the loan market in July.

    • 20 Jun 2017
  • REC Solar exercises greenshoe, allots $330m loan

    High-end solar panel maker REC Solar has tasted success with its first Asian syndicated loan attracting enough demand for it to raise $330m after exercising a $25m greenshoe.

    • 20 Jun 2017
  • Safetykleen launches another LBO to red hot market

    Safetykleen Europe, the surface treatment and chemical application services provider, has led a group of smaller new money deals to market this week. It held a bank meeting on Wednesday in London for its €455m seven year term loan ‘B’, backing Apax’s buyout from Warburg Pincus.

    • 19 Jun 2017
  • Dongying Lufang smelts $200m refinancing

    Dongying Lufang Metals Material HK has rolled out a $200m syndicated deal with two mandated lead arrangers and bookrunners. It is looking to refinance a one year loan from last year that falls due soon.

    • 19 Jun 2017

Leveraged/non-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%