GLOBAL SYNDICATED LOANS - Bloomberg Finance L.P. · 2020. 1. 2. · Credit Suisse 4 5.583 30,166 202 3 6.971 -1.388 Barclays 5 5.229 28,252 192 5 5.816 -0.587 Deutsche Bank 6 4.807

GLOBALSYNDICATEDLOANSLEAGUE TABLES

FY 2019

DATA SUBMISSIONS AND

QUERIES

Bloomberg’s global syndicated loans database consists of more than 54,000 active loan

tranches (and approximately 160,000 replaced or retired loans), covering nearly 40,000

unique borrowers across more than 200 countries and 100 different currencies.

LEAG<GO> for a full range of league tables

LOAN<GO> for Bloomberg’s syndicated loans product

Due to the dynamic nature of the Professional Service product, league table rankings may vary

between this release and data found on the Bloomberg Professional Service.

CONTENTS

1. Global market review

2. US market review

3. Canada market review

4. Latin America market

review

5. EMEA market review

6. Asia Pacific market

review

7. Table criteria

MANAGER RANKINGS

GLOBAL SYNDICATED LOANS

Contact EmailPhone

FY 2019

North America

Latin America

Europe / Middle East

Africa

Asia-Pacific

Ceres Ribeiro

Ceres Ribeiro

Nadine Ali

Venty Mulani

Jing Ying Yeo

+1 609 279 3137

+1 609 279 3137

+44 20 3525 8782

+971 4 4492387

+852 2974 3196

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

© 2019 Bloomberg Finance L.P. All rights reserved.

Bloomberg GlobalSyndicatedLoans|FY2019

BloombergLeagueTableReports Page1

GlobalSyndicatedLoansReviewFY2019totalGlobalLoansvolumedecreased14.74%toUSD4.4Trlnwhilethetotalnumberofdealsdecreased9.11%to8,164dealsyear-on-year.TotalGlobalBridgeLoansvolumedecreased10.51%year-on-yeartoUSD293.3Blnwhilethetotalnumberofdealsdecreased11.88%to141.BofASecuritiesrankedasthetopGlobalLoansbookrunnerforFY2019with9.63%ofcreditedmarketshare.Thebankactedasbookrunnerin1,270dealsovertheperiod.JPMorganandCitirankedsecondandthirdwith9.17%and5.70%ofcreditedmarketshare,respectively.

GlobalLoans(Bookrunner)

FY2019 FY2018

Firm Rank MktShare(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

BofASecurities 1 9.630 366,692 1,270 2 9.299 0.331

JPMorgan 2 9.174 349,315 1,214 1 10.236 -1.062

Citi 3 5.696 216,907 747 3 5.832 -0.136

WellsFargo 4 5.665 215,725 824 4 5.394 0.271

MitsubishiUFJFinancialGroupInc 5 3.621 137,884 453 9 3.062 0.559

Barclays 6 3.559 135,535 514 6 3.316 0.243

BNPParibas 7 3.220 122,624 549 8 3.075 0.145

RBCCapitalMarkets 8 2.730 103,944 447 7 3.273 -0.543

MorganStanley 9 2.727 103,828 289 15 1.935 0.792

HSBC 10 2.666 101,517 501 11 2.602 0.064

TOTAL 100% 3,807,842 6,616 100%

GlobalLoans:IndustryBreakdown

21%

14%

11%11%

9%

8%

7%

7%

6%

5% Industry Volume(USDMln) %OfTotal %YOYChange

Financials 922,171 21.1% -3.8%

ConsumerDiscretionary 613,679 14.1% -13.8%

Energy 493,507 11.3% -16.0%

Industrials 467,001 10.7% -23.3%

HealthCare 394,801 9.0% 1.1%

Materials 364,958 8.4% -5.1%

Technology 288,480 6.6% -32.2%

Communications 286,772 6.6% -27.5%

Utilities 258,015 5.9% -8.2%

ConsumerStaples 234,392 5.4% -26.6%

Government 38,551 0.9% -28.1%

GlobalLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

500500

1,0001,000

USDBln

USDBln

00

1,6001,600

1,0001,000

2,0002,000 DealC

ountDealC

ount

00

3,0003,000

DealCount Amount

GlobalBridgeLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

5050

100100

USDBln

USDBln

00

160160

2020

4040 DealC

ountDealC

ount

00

6060

DealCount Amount

GlobalSponsor-LedLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

100100

200200

USDBln

USDBln

00

300300

200200

400400 DealC

ountDealC

ount

00

600600

DealCount Amount

Sukuk&IslamicFinancing:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

1010

2020

USDBln

USDBln

00

3030

1010

2020 DealC

ountDealC

ount

00

3030

DealCount Amount



GlobalLoans(Bookrunner)FY2019 FY2018


BofASecurities 1 9.630 366,692 1,270 2 9.299 0.331

JPMorgan 2 9.174 349,315 1,214 1 10.236 -1.062

Citi 3 5.696 216,907 747 3 5.832 -0.136

WellsFargo 4 5.665 215,725 824 4 5.394 0.271


Barclays 6 3.559 135,535 514 6 3.316 0.243

BNPParibas 7 3.220 122,624 549 8 3.075 0.145


MorganStanley 9 2.727 103,828 289 15 1.935 0.792

HSBC 10 2.666 101,517 501 11 2.602 0.064

GoldmanSachs 11 2.519 95,933 419 5 3.583 -1.064

DeutscheBank 12 2.499 95,167 463 10 2.901 -0.402

MizuhoFinancial 13 2.331 88,759 355 13 1.978 0.353

BMOCapitalMarkets 14 2.189 83,347 452 16 1.900 0.289

CreditSuisse 15 1.870 71,196 374 12 2.167 -0.297

CreditAgricoleCIB 16 1.843 70,173 376 14 1.948 -0.105

TDSecurities 17 1.758 66,956 272 18 1.674 0.084

Scotiabank 18 1.748 66,554 282 19 1.660 0.088

SumitomoMitsuiFinancial 19 1.700 64,742 302 17 1.742 -0.042

BankofChina 20 1.563 59,513 337 20 1.340 0.223

TOTAL 100% 3,807,842 6,616 100%

GlobalLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 8.479 354,619 1,375 2 7.946 0.533

JPMorgan 2 8.154 341,038 1,309 1 8.896 -0.742

Citi 3 5.422 226,763 861 3 5.264 0.158

WellsFargo 4 5.128 214,482 895 4 4.770 0.358


Barclays 6 3.075 128,625 579 7 3.122 -0.047

HSBC 7 2.878 120,381 753 10 2.756 0.122

BNPParibas 8 2.778 116,185 792 8 3.064 -0.286



MorganStanley 11 2.377 99,408 309 16 1.876 0.501

DeutscheBank 12 2.316 96,855 542 11 2.715 -0.399

GoldmanSachs 13 2.290 95,765 459 5 3.333 -1.043

BankofChina 14 2.057 86,021 591 17 1.783 0.274



Scotiabank 17 1.723 72,044 339 19 1.651 0.072

TDSecurities 18 1.695 70,904 313 20 1.566 0.129

CreditSuisse 19 1.666 69,691 413 12 2.134 -0.468


TOTAL 100% 4,182,283 7,700 100%

GlobalSponsor-LedLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 7.015 37,898 202 4 6.067 0.948

BofASecurities 2 6.798 36,728 218 2 7.258 -0.460

GoldmanSachs 3 6.111 33,016 197 1 7.315 -1.204

CreditSuisse 4 5.583 30,166 202 3 6.971 -1.388

Barclays 5 5.229 28,252 192 5 5.816 -0.587

DeutscheBank 6 4.807 25,970 177 6 5.306 -0.499

WellsFargo 7 3.569 19,283 89 15 2.357 1.212

Citi 8 3.414 18,447 132 10 2.974 0.440


KohlbergKravisRoberts&Co 10 3.060 16,535 107 14 2.361 0.699

MorganStanley 11 3.046 16,459 115 7 4.310 -1.264

AntaresCapitalLP 12 3.000 16,207 231 12 2.667 0.333

BNPParibas 13 2.774 14,986 106 16 2.147 0.627


Jefferies 15 2.530 13,671 129 9 4.279 -1.749

UBS 16 2.322 12,546 104 11 2.880 -0.558

HSBC 17 1.917 10,357 69 18 2.111 -0.194

CreditAgricoleCIB 18 1.837 9,923 75 23 1.034 0.803

Natixis 19 1.676 9,056 65 21 1.208 0.468

SunTrustRobinsonHumphrey 20 1.433 7,744 76 19 1.973 -0.540

TOTAL 100% 540,287 1,314 100%

GlobalSponsor-LedLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 6.796 38,461 222 2 6.947 -0.151

JPMorgan 2 6.117 34,620 210 4 5.816 0.301

GoldmanSachs 3 5.731 32,432 207 1 7.161 -1.430

CreditSuisse 4 5.297 29,977 207 3 6.909 -1.612

Barclays 5 5.153 29,162 197 5 5.504 -0.351

DeutscheBank 6 4.642 26,273 186 6 5.192 -0.550

WellsFargo 7 3.350 18,961 100 14 2.403 0.947

Citi 8 3.297 18,659 142 10 2.929 0.368


MorganStanley 10 3.065 17,343 117 9 4.043 -0.978


BNPParibas 12 2.709 15,330 135 16 2.185 0.524



Jefferies 15 2.558 14,476 136 7 4.149 -1.591

UBS 16 2.425 13,725 104 11 2.682 -0.257

HSBC 17 1.944 11,001 81 17 2.176 -0.232


Natixis 19 1.509 8,540 78 22 1.096 0.413

INGGroep 20 1.456 8,238 92 21 1.255 0.201

TOTAL 100% 565,944 1,412 100%



GlobalBridgeLoans(Bookrunner)FY2019 FY2018


MorganStanley 1 19.860 46,236 11 11 2.828 17.032


JPMorgan 3 10.786 25,111 16 1 17.959 -7.173

Barclays 4 9.676 22,526 7 9 3.412 6.264

GoldmanSachs 5 5.981 13,925 11 2 13.081 -7.100


Citi 7 5.009 11,661 14 4 7.865 -2.856

BofASecurities 8 4.951 11,527 10 3 8.452 -3.501

BNPParibas 9 2.903 6,759 13 8 3.466 -0.563

CreditSuisse 10 2.733 6,364 7 17 1.233 1.500

SocieteGenerale 11 1.488 3,465 5 22 0.688 0.800

HSBC 12 1.267 2,951 10 13 2.169 -0.902

Natixis 13 1.245 2,899 7 19 1.093 0.152

UniCredit 14 0.952 2,215 9 15 1.286 -0.334

StandardCharteredBank 15 0.912 2,123 5 18 1.223 -0.311

Nordea 16 0.703 1,637 5 36 0.357 0.346

CIBC 17 0.700 1,630 2 - - 0.700


MizuhoFinancial 19 0.655 1,526 4 16 1.279 -0.624

INGGroep 20 0.655 1,526 8 25 0.621 0.034

TOTAL 100% 232,813 90 100%

GlobalBridgeLoans(MandatedLeadArranger)FY2019 FY2018



MorganStanley 2 15.224 38,966 12 10 3.176 12.048

JPMorgan 3 10.658 27,280 23 1 14.868 -4.210

Barclays 4 7.329 18,759 10 12 2.685 4.644

Citi 5 6.815 17,441 22 7 4.296 2.519

BofASecurities 6 5.414 13,857 16 3 8.463 -3.049

GoldmanSachs 7 5.196 13,299 16 2 11.459 -6.263

HSBC 8 4.044 10,351 20 9 3.855 0.189

BNPParibas 9 2.612 6,686 27 6 4.559 -1.947



CreditSuisse 12 1.291 3,303 9 13 2.290 -0.999

INGGroep 13 1.261 3,226 15 19 1.166 0.095

SocieteGenerale 14 1.244 3,183 10 17 1.352 -0.108

SiamCommercialBankPCL 15 1.189 3,044 1 97 0.007 1.182

Commerzbank 16 1.151 2,945 10 25 0.816 0.335

Natixis 17 1.146 2,934 11 18 1.233 -0.087

BancoSantander 18 1.101 2,818 10 23 0.879 0.222


UniCredit 20 0.828 2,120 10 15 1.774 -0.946

TOTAL 100% 255,944 128 100%

GlobalIslamicFinancing(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount PrevRank PrevMktShare(%) MktShareChg(%)

DubaiIslamicBank 1 12.049 2,727 14 1 8.806 3.243

InternationalIslamicTradeFinanceCorp/The

2 9.034 2,044 9 - - 9.034

EmiratesNBDPJSC 3 6.799 1,538 14 20 2.053 4.746

HSBC 4 6.037 1,366 6 6 4.592 1.445

SambaCapital 5 5.180 1,172 4 23 1.652 3.528

Al-RajhiBanking&InvestmentCorp 6 4.730 1,070 4 21 1.812 2.918

ArabNationalBank 7 4.289 970 3 21 1.812 2.477

FirstAbuDhabiBankPJSC 8 3.909 885 9 4 4.925 -1.016

NationalCommercialBank 9 3.758 850 2 - - 3.758

BanqueSaudiFransi 10 3.515 795 2 17 2.925 0.590

StandardCharteredBank 11 3.409 771 5 5 4.670 -1.261

NoorBank 12 3.147 712 6 8 4.381 -1.234

AbuDhabiIslamicBank 13 2.930 663 5 7 4.537 -1.607

MashreqbankPSC 14 2.737 619 7 3 5.298 -2.561

CIMB 15 2.257 511 3 32 0.541 1.716

AbuDhabiCommercialBank 16 2.216 501 3 27 0.926 1.290

BanqueMisrSAE 17 2.056 465 3 44 0.140 1.916

GulfInternationalBankBSC 18 2.026 458 2 - - 2.026

ICICI 19 1.989 450 2 - - 1.989

BankABC 20 1.565 354 2 37 0.402 1.163

TOTAL 100% 22,630 59 100%

GlobalIslamicFinancing(MandatedLeadArranger)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)



2 6.940 2,044 9 - - 6.940

HSBC 3 5.606 1,651 10 2 4.847 0.759

SambaCapital 4 4.461 1,314 6 18 2.157 2.304



NationalCommercialBank 7 3.657 1,077 5 36 0.862 2.795

BanqueSaudiFransi 8 3.589 1,057 5 9 2.591 0.998


NoorBank 10 3.246 956 11 16 2.359 0.887

FirstAbuDhabiBankPJSC 11 2.858 842 11 22 2.000 0.858


MashreqbankPSC 13 2.011 592 10 8 2.757 -0.746



Industrial&CommBankofChina 16 1.691 498 3 17 2.167 -0.476

BankofChina 17 1.648 485 2 21 2.037 -0.389

KuveytTurkKatilimBankasiAS 18 1.614 475 2 - - 1.614

TCZiraatBankasi 19 1.548 456 2 - - 1.548

TurkiyeGarantiBankasiAS 19 1.548 456 2 105 0.017 1.531

TOTAL 100% 29,455 68 100%



GlobalGreenUoPLoans(Bookrunner)FY2019 FY2018


SumitomoMitsuiFinancial 1 7.275 2,944 14 7 4.348 2.927

MitsubishiUFJFinancialGroupInc 2 7.169 2,901 12 1 10.118 -2.949

BNPParibas 3 7.080 2,865 12 4 6.565 0.515


MizuhoFinancial 5 4.351 1,761 9 - - 4.351

StandardCharteredBank 6 3.642 1,474 5 47 0.304 3.338

Natixis 7 2.929 1,185 8 13 2.246 0.683

BankofChina 8 2.880 1,165 6 25 1.072 1.808


Oversea-ChineseBankingCorp 10 2.460 996 4 47 0.304 2.156

DBSGroup 11 2.451 992 4 47 0.304 2.147

UnitedOverseasBank 12 2.321 939 3 47 0.304 2.017

GoldmanSachs 13 2.274 920 1 - - 2.274

BancoSantander 14 2.035 823 5 3 8.160 -6.125

IntesaSanpaolo 15 2.013 815 3 18 1.692 0.321

INGGroep 16 1.897 768 7 5 6.127 -4.230

DeutscheBank 17 1.696 686 2 - - 1.696

UniCredit 18 1.665 674 4 14 2.041 -0.376

BofASecurities 19 1.655 670 3 11 2.403 -0.748

ANZBankingGroup 20 1.591 644 6 - - 1.591

TOTAL 100% 40,470 98 100%

GlobalGreenUoPLoans(MandatedLeadArranger)FY2019 FY2018



BNPParibas 2 5.315 3,580 34 6 4.310 1.005


Oversea-ChineseBankingCorp 4 3.847 2,591 22 55 0.372 3.475



INGGroep 7 3.614 2,435 33 2 5.900 -2.286

DBSGroup 8 3.562 2,399 18 38 0.737 2.825


BancoSantander 10 2.737 1,843 21 5 4.333 -1.596

BankofChina 11 2.550 1,717 18 19 1.383 1.167

Natixis 12 2.320 1,562 15 11 2.329 -0.009

CaixaBank 13 2.296 1,546 11 16 1.591 0.705

BancoBilbaoVizcayaArgentaria 14 2.202 1,483 12 9 2.359 -0.157

UnitedOverseasBank 15 2.144 1,444 9 55 0.372 1.772


HSBC 17 1.763 1,188 17 15 1.813 -0.050

Rabobank 18 1.474 993 16 10 2.345 -0.871


KeyBancCapitalMarkets 20 1.303 878 11 22 1.320 -0.017

TOTAL 100% 67,356 180 100%



GlobalAcquisitionLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 8.933 84,649 270 1 11.441 -2.508

BofASecurities 2 7.720 73,151 308 2 8.431 -0.711

MorganStanley 3 7.002 66,349 121 12 2.757 4.245

Barclays 4 6.627 62,794 186 5 4.970 1.657


WellsFargo 6 4.457 42,232 171 4 5.285 -0.828

GoldmanSachs 7 4.160 39,421 180 3 6.368 -2.208

Citi 8 3.888 36,841 159 6 4.575 -0.687

BNPParibas 9 3.793 35,940 150 10 3.184 0.609

CreditSuisse 10 3.457 32,760 188 11 2.817 0.640

DeutscheBank 11 2.768 26,225 172 7 3.551 -0.783




HSBC 15 1.745 16,540 93 16 2.000 -0.255


TDSecurities 17 1.679 15,909 60 22 1.210 0.469


Jefferies 19 1.315 12,465 98 17 1.620 -0.305

Scotiabank 20 1.222 11,582 36 19 1.470 -0.248

TOTAL 100% 947,558 1,468 100%

GlobalAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 8.144 80,477 287 1 10.323 -2.179

BofASecurities 2 6.835 67,549 325 2 7.924 -1.089

MorganStanley 3 5.920 58,502 122 13 2.638 3.282


Barclays 5 5.307 52,445 197 5 4.622 0.685

WellsFargo 6 4.456 44,036 187 4 4.755 -0.299

GoldmanSachs 7 3.870 38,243 192 3 5.884 -2.014

Citi 8 3.499 34,577 179 7 3.830 -0.331

BNPParibas 9 3.057 30,212 195 9 3.402 -0.345

CreditSuisse 10 2.976 29,409 195 11 2.961 0.015


DeutscheBank 12 2.713 26,807 187 10 3.320 -0.607


HSBC 14 2.289 22,620 122 12 2.678 -0.389


TDSecurities 16 1.542 15,235 67 24 1.176 0.366


Scotiabank 18 1.367 13,513 46 18 1.464 -0.097


Jefferies 20 1.336 13,200 104 16 1.575 -0.239

TOTAL 100% 988,220 1,604 100%

GlobalInstitutionalLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 8.216 47,725 238 2 7.550 0.666

GoldmanSachs 2 7.774 45,153 243 1 8.134 -0.360

BofASecurities 3 6.581 38,227 239 5 6.773 -0.192

CreditSuisse 4 6.177 35,879 229 3 7.142 -0.965

Barclays 5 6.003 34,869 211 4 7.058 -1.055

DeutscheBank 6 5.579 32,403 205 6 6.119 -0.540

MorganStanley 7 4.485 26,053 152 7 5.294 -0.809

WellsFargo 8 4.301 24,984 123 12 2.532 1.769


Citi 10 3.646 21,178 145 9 4.288 -0.642

Jefferies 11 2.688 15,616 120 10 3.893 -1.205

BNPParibas 12 2.526 14,671 107 18 1.940 0.586



UBS 15 2.325 13,506 99 11 2.915 -0.590

HSBC 16 2.024 11,757 81 17 1.977 0.047




Macquarie 20 1.312 7,619 70 14 2.055 -0.743

TOTAL 100% 580,854 1,279 100%

GlobalInstitutionalLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 7.725 45,718 240 3 7.157 0.568

GoldmanSachs 2 7.367 43,597 238 1 8.126 -0.759

BofASecurities 3 6.738 39,872 238 5 6.417 0.321

CreditSuisse 4 5.901 34,920 227 2 7.333 -1.432

Barclays 5 5.824 34,464 205 4 6.811 -0.987

DeutscheBank 6 5.395 31,928 204 6 5.960 -0.565

MorganStanley 7 4.609 27,276 152 7 5.030 -0.421


WellsFargo 9 3.826 22,642 125 12 2.506 1.320

Citi 10 3.626 21,458 146 9 4.210 -0.584

Jefferies 11 2.759 16,325 127 10 3.805 -1.046

BNPParibas 12 2.436 14,415 113 16 1.992 0.444

UBS 13 2.405 14,235 99 11 2.815 -0.410



HSBC 16 2.079 12,304 86 19 1.946 0.133

BMOCapitalMarkets 17 1.952 11,554 135 17 1.984 -0.032



Macquarie 20 1.298 7,678 72 15 2.038 -0.740

TOTAL 100% 591,781 1,341 100%



USLoansReviewFY2019totalUSLoansvolumedecreased16.37%toUSD2.4Trlnwhilethetotalnumberofdealsdecreased13.95%to3,762dealsyear-on-year.TotalUSLeveragedLoansvolumedecreased28.12%year-on-yeartoUSD981.5Blnwhilethetotalnumberofdealsdecreased19.44%to2,313.BofASecuritiesrankedasthetopUSLoansbookrunnerforFY2019with14.54%ofcreditedmarketshare.Thebankactedasbookrunnerin1,118dealsovertheperiod.JPMorganandWellsFargorankedsecondandthirdwith13.59%and9.47%ofcreditedmarketshare,respectively.

USLoans(Bookrunner)

FY2019 FY2018


BofASecurities 1 14.544 324,106 1,118 2 13.920 0.624

JPMorgan 2 13.593 302,907 1,047 1 14.405 -0.812

WellsFargo 3 9.472 211,081 803 3 8.682 0.790

Citi 4 7.825 174,387 544 4 7.610 0.215


Barclays 6 4.445 99,045 388 6 4.520 -0.075

MorganStanley 7 3.991 88,928 244 11 2.800 1.191

GoldmanSachs 8 3.123 69,598 322 5 5.006 -1.883


DeutscheBank 10 2.485 55,372 291 7 3.240 -0.755

TOTAL 100% 2,228,463 3,303 100%

USLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

200200

400400

600600

800800

USDBln

USDBln

00

1,0001,000

200200

400400

600600

800800

1,0001,000

1,2001,200

DealC

ountDealC

ount

00

1,4001,400

DealCount Amount

Financials20%

ConsumerDiscretionary15%

HealthCare13%

Energy10%

Industrials9%

Technology9%

Communications7%

Materials6%

ConsumerStaples6%

Others5%

USLeveragedFinance:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

200200

400400

USDBln

USDBln

00

600600

USHighYieldCorporateBonds

USLeveragedLoans

USLoans:IndustryBreakdown

USLoans:IndustryBreakdown

Industry Volume(USDMln) %OfTotal %YOYChange

Financials 470,000 19.8% -5.7%


HealthCare 300,482 12.7% 22.5%

Energy 228,813 9.7% -20.6%

Industrials 221,302 9.3% -23.1%

Technology 215,527 9.1% -34.2%


Materials 145,656 6.1% -3.6%


Utilities 109,267 4.6% -7.2%

Government 2,837 0.1% -53.2%

20%

15%

13%10%

9%

9%

7%

6%

6%

5%



USLoans(Bookrunner)FY2019 FY2018


BofASecurities 1 14.544 324,106 1,118 2 13.920 0.624

JPMorgan 2 13.593 302,907 1,047 1 14.405 -0.812

WellsFargo 3 9.472 211,081 803 3 8.682 0.790

Citi 4 7.825 174,387 544 4 7.610 0.215


Barclays 6 4.445 99,045 388 6 4.520 -0.075

MorganStanley 7 3.991 88,928 244 11 2.800 1.191

GoldmanSachs 8 3.123 69,598 322 5 5.006 -1.883


DeutscheBank 10 2.485 55,372 291 7 3.240 -0.755

USBancorp 11 2.306 51,390 273 14 1.991 0.315


CreditSuisse 13 2.236 49,833 284 10 2.875 -0.639

BNPParibas 14 2.025 45,129 182 12 2.243 -0.218


HSBC 16 1.805 40,229 149 16 1.669 0.136

PNCFinancialServicesGroupInc 17 1.762 39,265 210 18 1.516 0.246



Scotiabank 20 1.048 23,349 91 22 0.935 0.113

TOTAL 100% 2,228,463 3,303 100%

USLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 13.709 311,432 1,149 2 12.800 0.909

JPMorgan 2 12.759 289,846 1,076 1 13.253 -0.494

WellsFargo 3 9.061 205,830 849 3 8.141 0.920

Citi 4 7.808 177,362 574 4 7.538 0.270


Barclays 6 4.403 100,018 383 6 4.420 -0.017

MorganStanley 7 3.774 85,730 243 11 2.687 1.087

GoldmanSachs 8 3.135 71,222 324 5 4.998 -1.863


DeutscheBank 10 2.466 56,008 298 8 3.181 -0.715

USBancorp 11 2.390 54,287 303 13 2.141 0.249


CreditSuisse 13 2.020 45,884 287 10 2.935 -0.915

BNPParibas 14 1.996 45,341 196 12 2.440 -0.444


HSBC 16 1.898 43,114 160 16 1.950 -0.052




Scotiabank 20 1.183 26,877 102 20 1.073 0.110

TOTAL 100% 2,271,676 3,522 100%

USLoans-NewMoney(Bookrunner)FY2019 FY2018


BofASecurities 1 13.186 131,203 748 2 13.403 -0.217

JPMorgan 2 11.481 114,232 701 1 13.639 -2.158

WellsFargo 3 8.065 80,248 522 3 8.411 -0.346

Citi 4 6.449 64,168 339 5 6.291 0.158


MorganStanley 6 6.119 60,889 167 11 2.618 3.501

Barclays 7 5.171 51,449 265 6 5.188 -0.017

GoldmanSachs 8 3.642 36,241 237 4 6.367 -2.725

CreditSuisse 9 2.705 26,914 208 9 2.703 0.002


DeutscheBank 11 2.209 21,978 210 8 3.203 -0.994



BNPParibas 14 1.745 17,359 129 17 1.642 0.103

USBancorp 15 1.617 16,088 181 18 1.442 0.175


HSBC 17 1.571 15,633 96 15 1.722 -0.151


PNCFinancialServicesGroupInc 19 1.303 12,961 133 19 1.365 -0.062

Jefferies 20 1.294 12,875 113 16 1.645 -0.351

TOTAL 100% 995,010 2,520 100%

USLoans-NewMoney(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 11.833 120,478 770 2 12.106 -0.273

JPMorgan 2 10.432 106,218 726 1 12.176 -1.744

WellsFargo 3 7.805 79,473 554 3 7.761 0.044


Citi 5 5.949 60,573 365 5 5.914 0.035

MorganStanley 6 5.525 56,257 166 11 2.455 3.070

Barclays 7 5.179 52,732 267 6 4.990 0.189

GoldmanSachs 8 3.746 38,143 242 4 6.360 -2.614


CreditSuisse 10 2.296 23,377 211 10 2.635 -0.339


DeutscheBank 12 2.185 22,246 217 8 3.169 -0.984


HSBC 14 1.851 18,851 107 12 2.322 -0.471

BNPParibas 15 1.807 18,395 138 16 1.939 -0.132

USBancorp 16 1.614 16,436 199 19 1.503 0.111




Jefferies 20 1.340 13,643 122 18 1.635 -0.295

TOTAL 100% 1,018,173 2,700 100%



USInvestmentGradeLoans(Bookrunner)FY2019 FY2018


BofASecurities 1 16.584 189,298 471 2 16.309 0.275

JPMorgan 2 16.359 186,734 436 1 19.313 -2.954

Citi 3 11.477 131,010 272 3 11.314 0.163

WellsFargo 4 9.267 105,781 343 4 9.943 -0.676


MorganStanley 6 5.031 57,432 53 13 2.084 2.947

Barclays 7 4.880 55,701 122 6 3.940 0.940


USBancorp 9 2.245 25,623 118 10 2.458 -0.213

BNPParibas 10 2.243 25,604 72 9 3.157 -0.914

HSBC 11 2.185 24,944 65 14 1.873 0.312

DeutscheBank 12 1.732 19,766 51 12 2.096 -0.364



GoldmanSachs 15 1.580 18,031 46 5 4.844 -3.264

Scotiabank 16 1.474 16,823 57 16 1.355 0.119


TDSecurities 18 1.185 13,523 52 18 1.080 0.105

CreditSuisse 19 0.947 10,812 26 23 0.510 0.437


TOTAL 100% 1,141,466 846 100%

USInvestmentGradeLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 15.440 176,834 449 1 17.525 -2.085

BofASecurities 2 15.160 173,634 474 2 15.094 0.066

Citi 3 11.448 131,121 286 3 11.138 0.310

WellsFargo 4 8.925 102,223 361 4 9.229 -0.304


Barclays 6 4.935 56,525 126 7 3.796 1.139

MorganStanley 7 4.653 53,288 51 14 2.026 2.627


USBancorp 9 2.487 28,482 137 10 2.691 -0.204

HSBC 10 2.439 27,937 68 12 2.467 -0.028

BNPParibas 11 2.232 25,562 73 8 3.494 -1.262


GoldmanSachs 13 1.815 20,791 46 5 4.750 -2.935

Scotiabank 14 1.773 20,304 66 16 1.493 0.280

DeutscheBank 15 1.725 19,756 54 13 2.116 -0.391



TDSecurities 18 1.273 14,575 63 18 1.107 0.166



TOTAL 100% 1,145,332 875 100%

USInvestmentGradeLoans-NewMoney(Bookrunner)FY2019 FY2018


BofASecurities 1 16.834 78,760 288 2 17.355 -0.521

JPMorgan 2 15.373 71,927 256 1 20.345 -4.972


MorganStanley 4 9.929 46,454 33 12 1.921 8.008

Citi 5 9.448 44,205 145 4 9.262 0.186

WellsFargo 6 8.177 38,258 206 3 11.398 -3.221

Barclays 7 6.337 29,648 65 6 4.599 1.738


GoldmanSachs 9 2.128 9,957 28 5 8.629 -6.501

HSBC 10 1.973 9,230 37 13 1.657 0.316

BNPParibas 11 1.841 8,614 40 10 2.010 -0.169

USBancorp 12 1.695 7,932 65 15 1.387 0.308

DeutscheBank 13 1.324 6,196 28 11 1.986 -0.662

CreditSuisse 14 1.224 5,727 12 23 0.399 0.825

Scotiabank 15 1.143 5,348 30 14 1.516 -0.373


TDSecurities 17 0.988 4,624 30 20 0.803 0.185




TOTAL 100% 467,870 533 100%

USInvestmentGradeLoans-NewMoney(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 14.657 68,152 289 2 16.117 -1.460

JPMorgan 2 13.699 63,697 264 1 17.789 -4.090


MorganStanley 4 9.063 42,141 31 13 1.870 7.193

Citi 5 8.733 40,609 153 5 8.460 0.273

WellsFargo 6 7.795 36,246 215 3 10.352 -2.557

Barclays 7 6.439 29,939 68 6 4.178 2.261


GoldmanSachs 9 2.744 12,759 28 4 8.546 -5.802

HSBC 10 2.606 12,119 39 10 3.019 -0.413

BNPParibas 11 2.107 9,798 40 11 2.859 -0.752

USBancorp 12 1.750 8,139 75 16 1.467 0.283

Scotiabank 13 1.664 7,737 37 15 1.549 0.115



DeutscheBank 16 1.375 6,392 31 12 2.145 -0.770


TDSecurities 18 1.122 5,216 40 20 0.868 0.254


KeyBancCapitalMarkets 20 0.615 2,860 32 23 0.503 0.112

TOTAL 100% 464,988 553 100%



USInstitutionalLoans(Bookrunner)FY2019 FY2018


GoldmanSachs 1 7.633 36,046 197 1 7.998 -0.365

JPMorgan 2 7.520 35,516 197 2 7.606 -0.086

BofASecurities 3 7.176 33,889 219 4 7.266 -0.090

Barclays 4 6.309 29,797 183 5 7.229 -0.920

CreditSuisse 5 6.109 28,850 196 3 7.421 -1.312

WellsFargo 6 5.119 24,176 122 12 2.831 2.288

DeutscheBank 7 5.077 23,975 165 6 6.088 -1.011

MorganStanley 8 4.853 22,920 138 7 5.490 -0.637


Citi 10 4.008 18,928 130 9 4.500 -0.492

Jefferies 11 3.158 14,915 113 10 4.295 -1.137



UBS 14 2.427 11,462 86 11 2.949 -0.522



BNPParibas 17 1.569 7,410 56 19 1.476 0.093

HSBC 18 1.518 7,167 48 20 1.372 0.146

Macquarie 19 1.514 7,148 67 15 2.204 -0.690

GolubCapitalLLC 20 1.366 6,453 62 26 0.748 0.618

TOTAL 100% 472,271 1,090 100%

USInstitutionalLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 7.404 35,664 218 5 6.873 0.531

GoldmanSachs 2 7.186 34,614 192 1 8.110 -0.924

JPMorgan 3 7.035 33,885 197 3 7.208 -0.173

Barclays 4 6.135 29,553 175 4 7.011 -0.876

CreditSuisse 5 5.834 28,102 194 2 7.644 -1.810

MorganStanley 6 4.995 24,060 137 7 5.326 -0.331

DeutscheBank 7 4.950 23,843 164 6 5.957 -1.007

RBCCapitalMarkets 8 4.762 22,936 136 8 4.704 0.058

WellsFargo 9 4.533 21,834 124 12 2.803 1.730

Citi 10 4.106 19,778 131 9 4.414 -0.308

Jefferies 11 3.229 15,553 119 10 4.205 -0.976


UBS 13 2.531 12,191 87 11 2.840 -0.309




BNPParibas 17 1.539 7,415 59 18 1.551 -0.012

Macquarie 18 1.496 7,208 69 16 2.169 -0.673

HSBC 19 1.481 7,136 47 20 1.366 0.115


TOTAL 100% 481,683 1,144 100%

USInstitutionalLoans-NewMoney(Bookrunner)FY2019 FY2018


GoldmanSachs 1 6.810 19,002 146 2 6.415 0.395

BofASecurities 2 6.434 17,951 149 5 5.891 0.543

CreditSuisse 3 6.405 17,871 155 3 6.286 0.119

Barclays 4 5.781 16,131 140 1 7.724 -1.943

JPMorgan 5 5.348 14,922 136 4 6.130 -0.782


DeutscheBank 7 4.390 12,248 120 6 5.581 -1.191


Jefferies 9 4.215 11,762 98 8 4.712 -0.497

MorganStanley 10 3.692 10,301 95 9 4.614 -0.922

Citi 11 3.657 10,202 91 10 3.667 -0.010


WellsFargo 13 3.086 8,610 73 15 2.602 0.484

UBS 14 2.959 8,256 73 12 3.447 -0.488


Macquarie 16 2.411 6,727 61 17 2.295 0.116



BNPParibas 19 1.770 4,939 46 19 1.529 0.241

CitizensFinancialGroupInc 20 1.635 4,561 72 21 1.292 0.343

TOTAL 100% 279,016 913 100%

USInstitutionalLoans-NewMoney(MandatedLeadArranger)FY2019 FY2018


GoldmanSachs 1 6.214 17,879 147 2 6.509 -0.295

CreditSuisse 2 6.140 17,665 154 3 6.078 0.062

BofASecurities 3 6.125 17,621 149 6 5.467 0.658

Barclays 4 5.810 16,716 139 1 7.691 -1.881

JPMorgan 5 5.708 16,421 144 4 5.840 -0.132


Jefferies 7 4.310 12,400 104 8 4.782 -0.472


DeutscheBank 9 4.202 12,091 119 5 5.518 -1.316

MorganStanley 10 3.490 10,040 94 9 4.419 -0.929

Citi 11 3.308 9,517 92 10 3.611 -0.303

UBS 12 3.172 9,125 75 12 3.351 -0.179


WellsFargo 14 2.974 8,558 75 16 2.505 0.469


Macquarie 16 2.359 6,786 63 17 2.286 0.073




BNPParibas 20 1.728 4,971 49 19 1.459 0.269

TOTAL 100% 287,713 961 100%



USLeveragedLoans(Bookrunner)FY2019 FY2018


BofASecurities 1 11.222 102,645 542 1 11.022 0.200

JPMorgan 2 10.498 96,024 514 2 9.924 0.574

WellsFargo 3 9.223 84,367 366 3 6.705 2.518

GoldmanSachs 4 5.527 50,554 272 4 5.812 -0.285

Barclays 5 4.630 42,348 264 5 5.564 -0.934

CreditSuisse 6 4.202 38,439 257 6 5.338 -1.136

Citi 7 4.153 37,987 243 7 4.722 -0.569

DeutscheBank 8 3.873 35,428 238 8 4.676 -0.803


MorganStanley 10 3.309 30,267 185 10 3.856 -0.547




Jefferies 14 1.815 16,604 134 12 2.750 -0.935



UBS 17 1.647 15,068 104 14 1.952 -0.305


BNPParibas 19 1.611 14,732 87 20 1.424 0.187


TOTAL 100% 914,709 2,025 100%

USLeveragedLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 11.162 104,625 553 1 10.037 1.125

JPMorgan 2 9.818 92,032 522 2 9.368 0.450

WellsFargo 3 8.827 82,739 384 3 6.345 2.482

GoldmanSachs 4 5.284 49,530 273 4 5.940 -0.656

Barclays 5 4.534 42,496 254 6 5.473 -0.939

Citi 6 4.309 40,388 254 7 4.724 -0.415

CreditSuisse 7 4.056 38,021 259 5 5.526 -1.470

DeutscheBank 8 3.843 36,022 241 8 4.577 -0.734


MorganStanley 10 3.333 31,241 184 10 3.706 -0.373




Jefferies 14 1.852 17,361 141 12 2.675 -0.823



UBS 17 1.718 16,105 105 15 1.877 -0.159


BNPParibas 19 1.642 15,392 93 19 1.480 0.162

FifthThirdBancorp 20 1.457 13,661 128 23 1.343 0.114

TOTAL 100% 937,369 2,145 100%

USLeveragedLoans-NewMoney(Bookrunner)FY2019 FY2018


BofASecurities 1 8.965 40,347 376 1 9.724 -0.759

JPMorgan 2 7.932 35,697 377 2 8.556 -0.624

WellsFargo 3 7.657 34,460 247 4 5.704 1.953

GoldmanSachs 4 5.645 25,405 203 5 5.177 0.468

Barclays 5 4.747 21,365 196 3 6.234 -1.487

CreditSuisse 6 4.703 21,165 195 6 4.825 -0.122

Citi 7 4.060 18,270 171 9 4.209 -0.149


DeutscheBank 9 3.483 15,676 179 8 4.548 -1.065



MorganStanley 12 2.967 13,353 128 10 3.508 -0.541

Jefferies 13 2.861 12,875 113 11 3.238 -0.377




UBS 17 2.085 9,383 85 15 2.429 -0.344


Macquarie 19 1.636 7,362 67 19 1.591 0.045

BNPParibas 20 1.616 7,274 69 22 1.405 0.211

TOTAL 100% 450,021 1,651 100%

USLeveragedLoans-NewMoney(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 8.473 39,567 383 1 8.414 0.059

JPMorgan 2 7.673 35,835 389 2 7.963 -0.290

WellsFargo 3 7.525 35,142 261 4 5.478 2.047

GoldmanSachs 4 5.271 24,617 208 5 5.307 -0.036

Barclays 5 4.787 22,357 195 3 6.226 -1.439

CreditSuisse 6 4.531 21,159 197 6 4.761 -0.230


Citi 8 3.846 17,963 184 9 4.133 -0.287

DeutscheBank 9 3.371 15,744 182 8 4.400 -1.029



Jefferies 12 2.921 13,643 122 11 3.252 -0.331

MorganStanley 13 2.797 13,062 127 10 3.263 -0.466


UBS 15 2.263 10,570 89 15 2.355 -0.092




FifthThirdBancorp 19 1.707 7,970 107 25 1.039 0.668

Macquarie 20 1.589 7,421 69 20 1.571 0.018

TOTAL 100% 467,004 1,750 100%



USLBOLoans(Bookrunner)FY2019 FY2018


Barclays 1 6.991 10,884 75 2 7.305 -0.314

CreditSuisse 2 6.986 10,878 74 4 6.548 0.438


BofASecurities 4 5.589 8,703 65 6 5.403 0.186

DeutscheBank 5 5.302 8,256 67 7 5.082 0.220

Jefferies 6 4.500 7,006 55 1 7.571 -3.071

GoldmanSachs 7 4.458 6,941 52 3 6.744 -2.286




Citi 11 3.461 5,388 38 14 2.941 0.520

JPMorgan 12 3.180 4,952 38 12 3.560 -0.380

UBS 13 3.159 4,919 42 9 3.963 -0.804

Macquarie 14 3.052 4,752 40 16 2.512 0.540

MorganStanley 15 2.208 3,437 28 10 3.790 -1.582


BNPParibas 17 2.030 3,160 22 21 1.164 0.866


Nomura 19 1.873 2,917 23 17 1.968 -0.095


TOTAL 100% 155,700 389 100%

USLBOLoans(MandatedLeadArranger)FY2019 FY2018


Barclays 1 7.362 11,701 76 3 6.843 0.519

CreditSuisse 2 6.947 11,042 77 4 6.330 0.617


BofASecurities 4 5.940 9,441 65 7 4.686 1.254

DeutscheBank 5 5.102 8,109 66 6 5.173 -0.071

Jefferies 6 4.626 7,353 59 1 7.601 -2.975

GoldmanSachs 7 4.504 7,159 55 2 6.901 -2.397


UBS 9 3.657 5,812 44 10 3.839 -0.182



Citi 12 3.316 5,270 36 14 2.834 0.482

JPMorgan 13 3.227 5,129 40 12 3.205 0.022

Macquarie 14 2.989 4,752 40 16 2.488 0.501

MorganStanley 15 2.179 3,464 29 11 3.793 -1.614


Nomura 17 1.904 3,026 25 18 1.820 0.084

BNPParibas 18 1.832 2,913 21 25 0.938 0.894



TOTAL 100% 158,946 401 100%



USLoans(AdministrativeAgent)FY2019 FY2018


JPMorgan 1 25.645 598,478 633 1 29.109 -3.464

BofASecurities 2 20.231 472,137 557 2 17.852 2.379

WellsFargo 3 9.024 210,598 370 4 8.236 0.788

Citi 4 8.759 204,408 171 3 8.267 0.492

MorganStanley 5 5.549 129,498 72 7 3.198 2.351

CreditSuisse 6 3.884 90,647 121 5 4.597 -0.713

Barclays 7 3.107 72,501 67 6 3.486 -0.379

DeutscheBank 8 1.960 45,733 58 9 2.271 -0.311


GoldmanSachs 10 1.501 35,026 54 8 2.975 -1.474

BNPParibas 11 1.398 32,629 41 14 1.120 0.278



USBancorp 14 1.244 29,039 99 16 1.048 0.196


Jefferies 16 1.047 24,428 68 10 1.659 -0.612

SunTrustRobinsonHumphrey 17 0.962 22,441 80 19 0.829 0.133

AntaresCapitalLP 18 0.740 17,270 142 20 0.812 -0.072


TDSecurities 20 0.623 14,544 20 23 0.516 0.107

TOTAL 100% 2,333,682 3,731 100%

USLoans-NewMoney(AdministrativeAgent)FY2019 FY2018


JPMorgan 1 20.630 219,512 442 1 25.713 -5.083

BofASecurities 2 18.778 199,811 405 2 19.224 -0.446

MorganStanley 3 10.321 109,825 60 8 2.584 7.737

WellsFargo 4 7.172 76,313 258 3 7.084 0.088

Citi 5 5.935 63,149 106 4 6.070 -0.135

CreditSuisse 6 5.476 58,269 100 5 5.124 0.352

Barclays 7 4.222 44,923 49 7 4.727 -0.505

GoldmanSachs 8 2.512 26,733 48 6 5.014 -2.502


Jefferies 10 1.807 19,231 63 9 2.186 -0.379




DeutscheBank 14 1.193 12,691 44 11 1.660 -0.467



USBancorp 17 0.977 10,396 72 19 0.790 0.187


CortlandCapitalMarketServicesLLC 19 0.731 7,781 26 27 0.393 0.338

UBS 20 0.697 7,419 33 15 1.310 -0.613

TOTAL 100% 1,064,059 2,873 100%

USLeveragedLoans(AdministrativeAgent)FY2019 FY2018


JPMorgan 1 19.411 188,515 309 1 19.956 -0.545

BofASecurities 2 17.842 173,271 289 2 16.982 0.860

WellsFargo 3 8.754 85,014 178 4 6.877 1.877

CreditSuisse 4 8.364 81,232 117 3 9.434 -1.070

Citi 5 4.658 45,241 73 8 3.508 1.150

Barclays 6 4.170 40,498 57 5 6.035 -1.865

MorganStanley 7 3.957 38,427 62 6 5.639 -1.682

DeutscheBank 8 3.799 36,898 51 7 4.245 -0.446

GoldmanSachs 9 3.143 30,526 51 10 3.350 -0.207

Jefferies 10 2.515 24,428 68 9 3.446 -0.931







UBS 17 1.215 11,798 39 12 1.782 -0.567



USBancorp 20 0.832 8,075 28 25 0.432 0.400

TOTAL 100% 971,169 2,296 100%

USLeveragedLoans-NewMoney(AdministrativeAgent)FY2019 FY2018


JPMorgan 1 17.436 86,212 244 1 17.921 -0.485

BofASecurities 2 11.991 59,289 206 2 14.940 -2.949

CreditSuisse 3 11.015 54,464 98 3 10.071 0.944

WellsFargo 4 7.852 38,825 131 5 5.810 2.042

Citi 5 4.772 23,593 53 9 3.378 1.394

GoldmanSachs 6 4.507 22,283 46 8 3.565 0.942

Barclays 7 4.424 21,873 43 4 7.682 -3.258

Jefferies 8 3.889 19,231 63 6 4.315 -0.426

MorganStanley 9 3.793 18,754 50 7 3.693 0.100




DeutscheBank 13 2.066 10,213 38 10 2.896 -0.830

KeyBancCapitalMarkets 14 1.697 8,390 79 14 1.977 -0.280


UBS 16 1.500 7,419 33 12 2.585 -1.085

CortlandCapitalMarketServicesLLC 17 1.424 7,039 24 20 0.776 0.648



BNPParibas 20 0.804 3,977 15 19 0.796 0.008

TOTAL 100% 494,458 1,883 100%



USAcquisitionLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 11.275 66,679 192 1 13.388 -2.113

MorganStanley 2 9.163 54,191 76 10 3.073 6.090

BofASecurities 3 8.603 50,880 241 2 11.641 -3.038


Barclays 5 6.881 40,694 142 5 6.182 0.699

WellsFargo 6 6.266 37,060 149 4 8.182 -1.916

Citi 7 4.790 28,328 114 6 5.152 -0.362

GoldmanSachs 8 3.937 23,282 112 3 8.576 -4.639

CreditSuisse 9 3.586 21,207 130 9 3.145 0.441



DeutscheBank 12 2.591 15,325 118 8 3.733 -1.142




Jefferies 16 1.634 9,666 76 13 2.263 -0.629

BNPParibas 17 1.503 8,889 55 15 1.642 -0.139

HSBC 18 1.264 7,477 37 16 1.637 -0.373


UBS 20 1.229 7,269 60 17 1.577 -0.348

TOTAL 100% 591,406 870 100%

USAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 9.981 59,444 198 1 11.634 -1.653


BofASecurities 3 8.405 50,060 251 2 11.240 -2.835

MorganStanley 4 8.346 49,705 75 11 2.891 5.455

Barclays 5 7.034 41,894 143 5 5.887 1.147

WellsFargo 6 6.180 36,809 157 4 7.523 -1.343

GoldmanSachs 7 4.195 24,986 115 3 8.515 -4.320

Citi 8 4.078 24,290 116 7 4.509 -0.431


CreditSuisse 10 2.965 17,658 135 10 3.081 -0.116


DeutscheBank 12 2.515 14,979 119 8 3.629 -1.114


BNPParibas 14 2.004 11,936 57 15 2.190 -0.186


HSBC 16 1.815 10,808 38 13 2.370 -0.555

Jefferies 17 1.737 10,348 82 14 2.245 -0.508


UBS 19 1.415 8,430 63 18 1.521 -0.106

USBancorp 20 1.252 7,459 47 22 1.150 0.102

TOTAL 100% 595,584 898 100%

USGreenUoPLoans(Bookrunner)FY2019 FY2018


MitsubishiUFJFinancialGroupInc 1 25.052 818 6 1 13.821 11.231

KeyBancCapitalMarkets 2 12.832 419 5 3 8.747 4.085

SumitomoMitsuiFinancial 3 11.644 380 3 11 4.275 7.369

CreditAgricoleCIB 4 6.711 219 3 8 6.416 0.295

Nomura 5 5.237 171 1 - - 5.237

ZBN.A. 6 4.715 154 3 - - 4.715

INGGroep 7 4.013 131 3 4 8.099 -4.086

Citi 8 3.433 112 2 9 5.812 -2.379

BayernLB 9 2.880 94 1 12 3.144 -0.264

CITGroup 10 2.673 87 1 - - 2.673

NorddeutscheLandesbankGZ 11 2.226 73 1 - - 2.226

Rabobank 11 2.226 73 1 - - 2.226

CIBC 13 2.176 71 1 - - 2.176

HSBC 13 2.176 71 1 13 2.598 -0.422

BancoSantander 15 2.147 70 1 2 11.501 -9.354

JPMorgan 15 2.147 70 1 5 7.667 -5.520

MizuhoFinancial 15 2.147 70 1 - - 2.147

WellsFargo 18 1.286 42 1 14 2.578 -1.292

BNPParibas 19 1.034 34 1 15 1.485 -0.451

NYGreenBank 19 1.034 34 1 - - 1.034

TOTAL 100% 3,265 15 100%

USGreenUoPLoans(MandatedLeadArranger)FY2019 FY2018


KeyBancCapitalMarkets 1 15.661 878 11 3 9.457 6.204




INGGroep 5 5.144 288 6 5 7.576 -2.432

CITGroup 6 5.076 284 2 - - 5.076

NorddeutscheLandesbankGZ 7 4.132 232 6 24 0.851 3.281

MizuhoFinancial 8 4.125 231 4 13 2.873 1.252

Citi 9 3.941 221 3 9 3.759 0.182

ZBN.A. 10 3.523 197 5 20 1.314 2.209

CIBC 11 3.208 180 2 25 0.800 2.408

FederalFarmCreditBank 12 2.944 165 3 - - 2.944

Rabobank 13 2.433 136 5 16 2.169 0.264

HSBC 14 2.404 135 5 11 3.060 -0.656

BNPParibas 15 2.375 133 4 18 1.921 0.454

SiemensAG 16 2.200 123 3 - - 2.200

BayernLB 17 1.678 94 1 14 2.734 -1.056

NYGreenBank 18 1.474 83 2 - - 1.474

Nomura 19 1.323 74 2 - - 1.323

BancoSantander 20 1.251 70 1 2 10.003 -8.752

TOTAL 100% 5,603 31 100%



CanadaLoansReviewFY2019totalCanadaLoansvolumedecreased3.81%toCAD352.8Blnwhilethetotalnumberofdealsincreased3.50%to651dealsyear-on-year.TotalCanadaLoans-NewMoneyvolumedecreased6.23%year-on-yeartoCAD83.3Blnwhilethetotalnumberofdealsincreased1.91%to374.TDSecuritiesrankedasthetopCanadaLoansbookrunnerforFY2019with16.36%ofcreditedmarketshare.Thebankactedasbookrunnerin147dealsovertheperiod.RBCCapitalMarketsandCIBCrankedsecondandthirdwith16.17%and15.83%ofcreditedmarketshare,respectively.

CanadaLoans(Bookrunner)

FY2019 FY2018

Firm Rank MktShare(%) Volume(CADMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

TDSecurities 1 16.359 57,231 147 1 17.508 -1.149


CIBC 3 15.828 55,376 140 5 13.768 2.060


Scotiabank 5 13.654 47,768 143 3 14.887 -1.233

NationalBankFinancialInc 6 10.401 36,389 135 6 9.592 0.809

JPMorgan 7 3.175 11,106 15 7 3.281 -0.106

HSBC 8 2.118 7,409 40 8 2.317 -0.199

Citi 9 1.506 5,269 12 9 1.813 -0.307

DesjardinsCapitalMarkets 10 1.059 3,703 20 12 0.623 0.436

TOTAL 100% 349,852 638 100%

CanadaLoans-NewMoney(Bookrunner)

FY2019 FY2018



TDSecurities 2 16.136 13,441 70 1 17.758 -1.622

Scotiabank 3 15.175 12,641 81 3 15.159 0.016

CIBC 4 14.956 12,458 68 5 10.281 4.675



HSBC 7 2.208 1,839 29 7 2.912 -0.704


Citi 9 1.098 915 5 9 1.924 -0.826

MitsubishiUFJFinancialGroupInc 10 0.775 646 3 12 1.019 -0.244

TOTAL 100% 83,296 374 100%

Energy29%

Materials13%

Financials12%

Industrials10%


Utilities9%

Government7%

ConsumerStaples6%

Others6%

CanadaLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

5050

100100

CADBln

CADBln

00

140140

100100

200200

300300

DealC

ountDealC

ount

00

400400

DealCount Amount

CanadaLoans:IndustryBreakdown

29%

13%

12%10%

9%

9%

7%

6%

6%

CanadaLoans:BookrunnerRankingsHistory

TDSecurities

RBCCapitalMarkets

CIBC

BMOCapitalMarkets

Scotiabank

NationalBankFinancialInc

10

MarketShare(%

)

0

20

2019 2018 2017



CanadaLoans(MandatedLeadArranger)FY2019 FY2018



CIBC 2 15.689 54,949 163 5 13.539 2.150

TDSecurities 3 15.616 54,693 161 1 16.787 -1.171


Scotiabank 5 14.075 49,297 166 4 14.578 -0.503


JPMorgan 7 2.717 9,515 16 7 3.036 -0.319

HSBC 8 2.508 8,785 43 8 2.731 -0.223

Citi 9 1.547 5,418 14 9 1.654 -0.107

BofASecurities 10 1.384 4,848 17 10 1.293 0.091


WellsFargo 12 0.688 2,409 12 14 0.586 0.102


INGGroep 14 0.427 1,495 7 17 0.291 0.136

BNPParibas 15 0.380 1,332 5 15 0.539 -0.159

ATBFinancial 16 0.372 1,302 12 18 0.256 0.116

ExportDevelopmentCanada 17 0.344 1,206 3 16 0.524 -0.180


Rabobank 19 0.248 867 3 29 0.075 0.173

SocieteGenerale 20 0.230 805 5 22 0.158 0.072

TOTAL 100% 350,249 640 100%

CanadaLoans-NewMoney(MandatedLeadArranger)FY2019 FY2018



CIBC 2 16.677 13,957 80 5 10.461 6.216

Scotiabank 3 15.530 12,998 94 4 14.230 1.300



TDSecurities 6 10.627 8,894 77 1 17.620 -6.993


HSBC 8 1.868 1,564 28 7 3.203 -1.335

WellsFargo 9 1.340 1,121 8 14 0.667 0.673

BofASecurities 10 1.199 1,003 6 21 0.317 0.882

Citi 11 0.968 810 5 9 1.865 -0.897

JPMorgan 12 0.924 773 5 8 1.964 -1.040

DesjardinsCapitalMarkets 13 0.802 672 12 11 1.105 -0.303

INGGroep 14 0.707 592 5 20 0.348 0.359


ATBFinancial 16 0.556 466 8 13 0.749 -0.193


Rabobank 18 0.462 387 2 33 0.053 0.409


KohlbergKravisRoberts&Co 20 0.281 235 2 - - 0.281

TOTAL 100% 83,693 376 100%

CanadaLoans(AdministrativeAgent)FY2019 FY2018



CIBC 2 16.213 56,992 84 4 14.448 1.765

TDSecurities 3 16.138 56,729 87 3 14.934 1.204

Scotiabank 4 15.147 53,243 100 2 18.354 -3.207



JPMorgan 7 3.656 12,853 5 7 4.614 -0.958

HSBC 8 1.334 4,691 28 8 1.517 -0.183

BofASecurities 9 1.167 4,103 5 9 1.452 -0.285



ATBFinancial 12 0.387 1,362 5 17 0.136 0.251

Barclays 13 0.345 1,213 2 - - 0.345


SocieteGenerale 15 0.152 535 1 - - 0.152

AntaresCapitalLP 16 0.138 484 11 11 0.299 -0.161

BNPParibas 17 0.126 441 1 - - 0.126

WellsFargo 18 0.112 394 2 12 0.252 -0.140

USBancorp 19 0.109 382 1 19 0.059 0.050

BankofNewYorkMellon 20 0.061 216 1 - - 0.061

TOTAL 100% 351,520 645 100%

CanadaLoans-NewMoney(AdministrativeAgent)FY2019 FY2018


TDSecurities 1 20.095 17,073 49 3 11.910 8.185



Scotiabank 4 13.458 11,434 59 2 20.713 -7.255


CIBC 6 12.683 10,776 42 6 7.046 5.637


HSBC 8 1.991 1,692 22 9 2.717 -0.726


SocieteGenerale 10 0.630 535 1 - - 0.630

DesjardinsCapitalMarkets 11 0.494 419 8 14 0.528 -0.034

Barclays 12 0.465 395 1 - - 0.465

AntaresCapitalLP 13 0.428 364 10 10 1.207 -0.779

BofASecurities 14 0.389 331 2 11 1.057 -0.668

ATBFinancial 15 0.388 330 3 16 0.423 -0.035

BankofNewYorkMellon 16 0.254 216 1 - - 0.254

CreditAgricoleCIB 17 0.248 211 1 - - 0.248

BankofIreland 18 0.159 136 1 15 0.458 -0.299

Macquarie 19 0.125 106 1 - - 0.125

KeyBancCapitalMarkets 20 0.119 101 1 - - 0.119

TOTAL 100% 84,964 381 100%



LatinAmericaLoansReviewFY2019creditedLatinAmericaBorrower Loansvolumeincreased15.38% toUSD59.5Blnwhiledealcountdecreased 7.70% to115offerings year-on-year.

BofASecurities rankedasthetopLatinAmericaBorrower Loansunderwriter forFY2019with7.51%marketshare.The bankunderwrote 15deals over theperiod.Scotiabank andJPMorgan rankedsecondandthirdwith6.37%and6.29% market share,respectively.

LatinAmericaBorrower Loans:Administrative Agent

FY2019 FY2018



BancoBilbaoVizcayaArgentaria 2 12.739 7,723 17 3 12.649 0.090


Citi 4 11.143 6,756 7 7 5.773 5.370

Scotiabank 5 8.036 4,872 15 2 14.992 -6.956


Natixis 7 3.528 2,139 8 19 0.776 2.752


BancoSantander 9 3.251 1,971 4 4 7.496 -4.245

JPMorgan 10 3.193 1,936 3 23 0.393 2.800

TOTAL 100% 60,630 114 100%

LatinAmericaBorrowerLoans:LargestDealsbyCountryofFY2019

Borrower Industry Volume(USDMln) Date

PetroleosMexicanos Energy 5,500 06/28/2019

PetrobrasGlobalTradingBV Energy 3,250 03/27/2019

ValeSA Materials 3,000 12/23/2019

AmericaMovilSABdeCV Communications 2,500 08/12/2019

PetroleosMexicanos Energy 2,500 06/28/2019

AliancaTransportadoraDeGasParticipacoesSA Financials 2,450 05/23/2019

MillicomInternationalCellularSA Communications 1,650 02/20/2019

OrbiaAdvanceCorpSABdeCV Materials 1,500 06/21/2019

InfraestructuraEnergeticaNovaSABdeCV Utilities 1,500 02/11/2019

CemexSABdeCV Materials 1,136 04/02/2019

Materials29%

Energy26%

Financials14%

Utilities10%

Communications9%

Industrials5%

Others7%

LatinAmericaBorrowerLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

1010

2020

USDBln

USDBln

00

3030

1010

2020

3030

4040

DealC

ountDealC

ount

00

5050

DealCount Amount

LatinAmericaBorrowerLoans:IndustryBreakdown

29%

26%14%

10%

9%

5%

7%

LatinAmericaBorrowerLoans:MandatedLeadArrangerRankingsHistory

BofASecurities

Scotiabank

JPMorgan

MizuhoFinancial

SumitomoMitsuiFinancial

CreditAgricoleCIB

5

10

MarketShare(%

)

0

15

2019 2018 2017



LatinAmericaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


BofASecurities 1 7.509 4,469 15 22 1.091 6.418

Scotiabank 2 6.370 3,791 30 1 12.181 -5.811

JPMorgan 3 6.288 3,742 17 3 7.279 -0.991





BancoSantander 8 4.769 2,838 19 6 5.379 -0.610

Citi 9 3.766 2,241 11 2 7.636 -3.870

HSBC 10 3.656 2,176 14 8 4.522 -0.866

BNPParibas 11 3.057 1,820 11 5 5.542 -2.485

BankofChina 12 2.990 1,779 5 27 0.771 2.219


Natixis 14 2.774 1,651 10 13 3.136 -0.362

INGGroep 15 2.716 1,617 6 11 3.552 -0.836

Industrial&CommBankofChina 16 2.664 1,586 5 28 0.700 1.964

Bancomext 17 2.299 1,368 10 29 0.681 1.618

BancoSabadell 18 2.144 1,276 12 15 1.740 0.404

ExportDevelopmentCanada 19 1.722 1,025 5 30 0.635 1.087

IntesaSanpaolo 20 1.687 1,004 4 57 0.100 1.587

TOTAL 100% 59,515 115 100%

LatinAmericaBorrowerLoans(Bookrunner)FY2019 FY2018



Scotiabank 2 9.153 5,124 33 3 10.037 -0.884


Citi 4 8.175 4,576 16 2 10.458 -2.283

JPMorgan 5 7.259 4,064 19 4 8.332 -1.073



HSBC 8 5.588 3,128 17 6 6.406 -0.818

BNPParibas 9 5.336 2,987 11 5 7.569 -2.233


BancoSantander 11 4.396 2,461 13 7 5.075 -0.679

BofASecurities 12 2.672 1,496 10 17 1.359 1.313

INGGroep 13 2.127 1,191 4 11 3.008 -0.881

IntesaSanpaolo 14 1.514 848 2 - - 1.514

Natixis 15 1.505 843 9 12 2.971 -1.466

GrupoFinancieroBanorte 16 1.136 636 3 21 0.786 0.350

BanColombiaSA 17 1.015 568 6 - - 1.015


BankofChina 19 0.857 480 1 49 0.072 0.785

BancoNacionaldeMexicoSA 20 0.804 450 2 16 1.525 -0.721

TOTAL 100% 55,980 111 100%



EMEALoansReviewFY2019totalEMEALoansvolumedecreased10.51%toEUR937.1Blnwhilethetotalnumberofdealsdecreased13.37%to1,821dealsyear-on-year.TotalEMEALeveragedLoansvolumedecreased8.16%year-on-yeartoEUR148.1Blnwhilethetotalnumberofdealsdecreased15.90%to365.BNPParibasrankedasthetopEMEALoansbookrunnerforFY2019with8.14%ofcreditedmarketshare.Thebankactedasbookrunnerin327dealsovertheperiod.CreditAgricoleCIBandBofASecuritiesrankedsecondandthirdwith5.72%and4.34%ofcreditedmarketshare,respectively.

EMEALoans(Bookrunner)

FY2019 FY2018

Firm Rank MktShare(%) Volume(EURMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

BNPParibas 1 8.137 61,302 327 1 7.038 1.099


BofASecurities 3 4.338 32,682 129 10 3.088 1.250

UniCredit 4 4.216 31,764 211 3 5.100 -0.884


DeutscheBank 6 4.070 30,661 160 9 3.766 0.304

HSBC 7 3.984 30,011 194 4 4.476 -0.492

Barclays 8 3.938 29,668 117 15 2.516 1.422

JPMorgan 9 3.771 28,407 140 6 4.188 -0.417

INGGroep 10 3.534 26,628 197 8 3.932 -0.398

TOTAL 100% 753,369 1,279 100%

EMEALoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

100100

200200

300300

400400

EURBln

EURBln

00

500500

200200

400400

600600

DealC

ountDealC

ount

00

800800

DealCount Amount

Financials18%


Industrials13%

Materials12%

Energy10%

HealthCare8%

Utilities8%

Communications7%

ConsumerStaples6%

Others6%

EMEALoans:IndustryBreakdown

EMEALoans:IndustryBreakdown

Industry Volume(EURMln) %OfTotal %YOYChange

Financials 166,686 17.8% -0.7%


Industrials 117,948 12.6% -30.4%

Materials 108,738 11.6% 3.4%

Energy 92,385 9.9% -18.1%

HealthCare 73,857 7.9% 4.7%

Utilities 72,949 7.8% 10.2%



Technology 43,233 4.6% -8.8%

Government 11,994 1.3% -37.6%

18%

14%

13%

12%

10%8%

8%

7%

6%

6%



EMEALoans(Bookrunner)FY2019 FY2018


BNPParibas 1 8.137 61,302 327 1 7.038 1.099


BofASecurities 3 4.338 32,682 129 10 3.088 1.250

UniCredit 4 4.216 31,764 211 3 5.100 -0.884


DeutscheBank 6 4.070 30,661 160 9 3.766 0.304

HSBC 7 3.984 30,011 194 4 4.476 -0.492

Barclays 8 3.938 29,668 117 15 2.516 1.422

JPMorgan 9 3.771 28,407 140 6 4.188 -0.417

INGGroep 10 3.534 26,628 197 8 3.932 -0.398

Citi 11 3.369 25,384 146 7 3.945 -0.576

Natixis 12 2.861 21,556 136 12 2.910 -0.049

GoldmanSachs 13 2.789 21,015 99 17 2.359 0.430

BancoSantander 14 2.780 20,940 153 16 2.474 0.306

Commerzbank 15 2.716 20,464 165 11 3.010 -0.294



CreditSuisse 18 2.021 15,224 75 22 1.549 0.472


MorganStanley 20 1.494 11,258 37 29 1.017 0.477

TOTAL 100% 753,369 1,279 100%

EMEALoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 6.187 54,724 509 1 6.139 0.048

HSBC 2 4.488 39,690 313 3 4.324 0.164


JPMorgan 4 3.841 33,975 196 4 3.923 -0.082

DeutscheBank 5 3.655 32,329 220 8 3.508 0.147

Citi 6 3.613 31,958 196 9 2.966 0.647

INGGroep 7 3.497 30,929 321 6 3.833 -0.336


UniCredit 9 3.079 27,236 270 5 3.923 -0.844

BofASecurities 10 3.077 27,212 172 16 2.218 0.859

BancoSantander 11 2.772 24,515 254 15 2.317 0.455

Commerzbank 12 2.676 23,671 234 10 2.889 -0.213

Barclays 13 2.595 22,947 180 12 2.451 0.144

Natixis 14 2.474 21,879 202 13 2.427 0.047


GoldmanSachs 16 2.165 19,149 129 18 2.009 0.156


NatWestMarkets 18 1.911 16,904 144 17 2.020 -0.109

CreditSuisse 19 1.911 16,901 103 22 1.716 0.195


TOTAL 100% 884,443 1,660 100%

EMEALoans(AdministrativeAgent)FY2019 FY2018


Citi 1 6.125 51,561 29 14 2.758 3.367

DeutscheBank 2 5.906 49,715 61 2 6.487 -0.581

Barclays 3 5.485 46,169 35 13 3.089 2.396


BNPParibas 5 5.213 43,883 88 3 6.394 -1.181

Commerzbank 6 4.477 37,688 79 5 4.339 0.138

JPMorgan 7 4.403 37,068 40 1 8.650 -4.247


UniCredit 9 3.882 32,674 71 4 5.270 -1.388

HSBC 10 3.573 30,076 42 7 4.051 -0.478

BofASecurities 11 3.390 28,538 25 15 2.367 1.023

NatWestMarkets 12 3.341 28,128 45 12 3.136 0.205

INGGroep 13 3.299 27,775 77 8 3.848 -0.549

FirstAbuDhabiBankPJSC 14 2.951 24,846 30 19 2.097 0.854

BancoSantander 15 2.877 24,222 79 18 2.283 0.594

Natixis 16 2.550 21,462 57 10 3.466 -0.916


Nordea 18 2.011 16,931 40 21 1.560 0.451

SEB 19 1.669 14,051 27 29 0.696 0.973

CreditSuisse 20 1.632 13,740 22 17 2.316 -0.684

TOTAL 100% 841,797 1,612 100%



EMEALeveragedLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 9.830 12,661 62 2 7.459 2.371

BNPParibas 2 7.362 9,482 75 4 6.586 0.776

GoldmanSachs 3 6.962 8,968 65 1 7.705 -0.743

DeutscheBank 4 6.342 8,168 56 3 7.091 -0.749

CreditSuisse 5 5.987 7,712 50 7 4.810 1.177


Natixis 7 4.903 6,315 47 9 3.499 1.404

HSBC 8 4.735 6,099 48 5 5.530 -0.795

Barclays 9 4.231 5,450 43 6 5.061 -0.830

BofASecurities 10 3.596 4,632 34 11 3.308 0.288


UniCredit 12 2.682 3,454 37 10 3.416 -0.734

INGGroep 13 2.581 3,324 38 14 2.968 -0.387

MorganStanley 14 2.514 3,238 22 13 3.231 -0.717

BancoSantander 15 2.374 3,057 31 28 1.064 1.310

Citi 16 2.327 2,998 26 15 2.712 -0.385

NatWestMarkets 17 1.689 2,175 17 20 1.629 0.060

Rabobank 18 1.607 2,070 15 21 1.409 0.198

DanskeBank 19 1.546 1,992 13 40 0.254 1.292

UBS 20 1.515 1,952 17 19 2.079 -0.564

TOTAL 100% 128,802 295 100%

EMEALeveragedLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 8.952 12,305 67 1 6.855 2.097

BNPParibas 2 6.771 9,306 100 2 6.707 0.064

GoldmanSachs 3 6.707 9,219 72 4 6.223 0.484

DeutscheBank 4 5.917 8,134 62 3 6.652 -0.735

CreditSuisse 5 5.259 7,229 51 7 4.521 0.738


HSBC 7 4.755 6,537 58 5 5.378 -0.623

Natixis 8 4.268 5,867 56 11 3.150 1.118

Barclays 9 3.987 5,481 49 6 4.657 -0.670

BofASecurities 10 3.398 4,671 37 13 3.037 0.361

INGGroep 11 3.017 4,147 54 10 3.299 -0.282


MorganStanley 13 2.455 3,375 24 15 2.329 0.126

UniCredit 14 2.400 3,300 43 9 3.319 -0.919

BancoSantander 15 2.165 2,976 41 29 1.075 1.090

Citi 16 1.988 2,733 31 14 2.779 -0.791

NatWestMarkets 17 1.959 2,692 26 18 1.956 0.003

DanskeBank 18 1.470 2,021 16 24 1.176 0.294

UBS 19 1.420 1,952 17 19 1.862 -0.442

DNBASA 20 1.283 1,763 16 28 1.080 0.203

TOTAL 100% 137,453 346 100%

EMEASponsor-ledLeveragedLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 8.352 8,350 42 1 7.286 1.066

CreditSuisse 2 7.211 7,209 45 7 4.782 2.429

GoldmanSachs 3 6.615 6,614 51 4 6.972 -0.357

BNPParibas 4 6.546 6,544 63 2 7.121 -0.575

DeutscheBank 5 6.272 6,271 50 3 7.040 -0.768


Natixis 7 5.207 5,206 42 8 3.954 1.253

Barclays 8 4.217 4,216 35 6 4.807 -0.590

HSBC 9 4.151 4,150 36 5 5.351 -1.200

UniCredit 10 3.210 3,209 36 9 3.474 -0.264

BofASecurities 11 3.120 3,120 26 13 2.979 0.141

INGGroep 12 3.100 3,099 36 12 3.167 -0.067


Citi 14 2.522 2,521 22 16 2.495 0.027

MorganStanley 15 2.239 2,239 16 15 2.661 -0.422

BancoSantander 16 2.082 2,082 22 28 0.997 1.085

UBS 17 1.952 1,952 17 17 2.467 -0.515

Rabobank 18 1.898 1,898 12 21 1.527 0.371

DanskeBank 19 1.820 1,819 12 39 0.301 1.519


TOTAL 100% 99,976 249 100%

EMEASponsor-ledLeveragedLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 7.494 8,102 46 3 6.714 0.780

CreditSuisse 2 6.389 6,907 46 6 4.455 1.934

GoldmanSachs 3 6.253 6,760 57 4 6.035 0.218

BNPParibas 4 6.058 6,549 88 1 6.871 -0.813

DeutscheBank 5 5.768 6,236 56 2 6.830 -1.062


Natixis 7 4.568 4,938 51 11 3.391 1.177

HSBC 8 4.343 4,695 45 5 5.101 -0.758

Barclays 9 3.929 4,247 41 7 4.303 -0.374

INGGroep 10 3.614 3,907 51 9 3.415 0.199


UniCredit 12 2.825 3,055 42 10 3.407 -0.582

BofASecurities 13 2.818 3,046 27 13 2.610 0.208

MorganStanley 14 2.198 2,376 18 18 2.088 0.110

Citi 15 1.990 2,151 26 14 2.567 -0.577

BancoSantander 16 1.944 2,102 31 32 0.862 1.082

UBS 17 1.805 1,952 17 17 2.206 -0.401

NatWestMarkets 18 1.753 1,895 20 19 1.949 -0.196

DanskeBank 19 1.709 1,848 15 22 1.393 0.316


TOTAL 100% 108,109 297 100%



EMEAInvestmentGradeLoans(Bookrunner)FY2019 FY2018


Barclays 1 7.231 21,567 52 14 2.723 4.508

BNPParibas 2 6.319 18,846 89 1 7.124 -0.805

BofASecurities 3 6.301 18,794 54 9 4.244 2.057


DeutscheBank 5 5.135 15,315 45 10 3.942 1.193

Citi 6 4.845 14,451 66 2 6.150 -1.305


JPMorgan 8 3.822 11,400 50 5 4.907 -1.085

HSBC 9 3.537 10,551 59 6 4.524 -0.987

UniCredit 10 3.314 9,885 50 3 6.026 -2.712

GoldmanSachs 11 3.093 9,226 19 21 1.510 1.583


INGGroep 13 2.910 8,681 52 13 3.316 -0.406

Commerzbank 14 2.834 8,453 44 12 3.527 -0.693


BancoSantander 16 2.611 7,787 46 15 2.695 -0.084


MorganStanley 18 2.528 7,541 13 27 0.975 1.553

CreditSuisse 19 1.843 5,497 14 24 1.026 0.817

NatWestMarkets 20 1.713 5,110 35 17 2.123 -0.410

TOTAL 100% 298,264 169 100%

EMEAInvestmentGradeLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 5.884 18,826 125 1 6.605 -0.721

DeutscheBank 2 4.951 15,841 61 7 3.653 1.298

BofASecurities 3 4.634 14,828 73 14 2.858 1.776

JPMorgan 4 4.561 14,593 74 2 5.260 -0.699

Citi 5 4.465 14,286 84 5 4.459 0.006

HSBC 6 3.743 11,977 91 3 4.799 -1.056


Barclays 8 3.508 11,225 74 15 2.839 0.669

Commerzbank 9 3.386 10,833 66 8 3.582 -0.196

BancoSantander 10 3.285 10,510 68 16 2.561 0.724

UniCredit 11 3.235 10,349 65 4 4.720 -1.485


INGGroep 13 3.164 10,122 70 11 3.349 -0.185




NatWestMarkets 17 2.536 8,113 59 19 2.274 0.262

CreditSuisse 18 2.208 7,066 24 25 1.297 0.911

GoldmanSachs 19 2.022 6,470 31 21 1.733 0.289

IntesaSanpaolo 20 1.944 6,221 38 17 2.385 -0.441

TOTAL 100% 319,967 201 100%

EMEAInstitutionalLoans(Bookrunner)FY2019 FY2018


JPMorgan 1 11.536 10,903 55 2 7.381 4.155

GoldmanSachs 2 8.578 8,107 61 1 9.198 -0.620

DeutscheBank 3 7.673 7,252 53 3 6.521 1.152

BNPParibas 4 6.770 6,399 56 6 5.278 1.492

CreditSuisse 5 6.580 6,219 41 7 5.248 1.332


Natixis 7 4.977 4,704 36 11 3.162 1.815

Barclays 8 4.712 4,454 38 5 5.970 -1.258

HSBC 9 4.319 4,082 39 4 6.161 -1.842

BofASecurities 10 4.100 3,875 31 10 3.342 0.758

MorganStanley 11 2.966 2,803 20 8 4.056 -1.090

INGGroep 12 2.522 2,383 27 13 3.116 -0.594


UniCredit 14 1.771 1,673 22 12 3.152 -1.381

Citi 15 1.763 1,666 20 16 2.924 -1.161

UBS 16 1.708 1,614 14 17 2.827 -1.119

Nomura 17 1.703 1,610 10 21 1.650 0.053

BancoSantander 18 1.541 1,456 15 38 0.174 1.367

KohlbergKravisRoberts&Co 19 1.523 1,439 8 20 1.743 -0.220


TOTAL 100% 94,514 212 100%

EMEAInstitutionalLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 11.035 10,570 56 2 7.080 3.955

GoldmanSachs 2 8.352 8,000 62 1 8.222 0.130

DeutscheBank 3 7.254 6,948 54 3 6.189 1.065

BNPParibas 4 6.440 6,168 61 7 5.179 1.261

CreditSuisse 5 6.294 6,029 41 6 5.221 1.073


Natixis 7 4.889 4,683 39 11 3.198 1.691

HSBC 8 4.803 4,600 45 4 5.959 -1.156

Barclays 9 4.499 4,309 41 5 5.525 -1.026

BofASecurities 10 3.925 3,760 31 10 3.244 0.681


MorganStanley 12 3.003 2,877 21 13 3.119 -0.116

INGGroep 13 2.500 2,395 31 8 3.491 -0.991

UBS 14 1.685 1,614 14 16 2.796 -1.111

UniCredit 15 1.673 1,603 22 14 2.949 -1.276

Nomura 16 1.581 1,514 10 21 1.667 -0.086

BancoSantander 17 1.552 1,486 19 41 0.285 1.267

Citi 18 1.497 1,434 20 15 2.896 -1.399

NatWestMarkets 19 1.476 1,414 16 19 2.003 -0.527


TOTAL 100% 95,783 219 100%



EuropeCorporateLoans(Bookrunner)FY2019 FY2018


BNPParibas 1 7.928 31,653 174 1 8.384 -0.456


BofASecurities 3 5.787 23,106 64 10 3.297 2.490

UniCredit 4 5.450 21,758 127 3 5.690 -0.240

Barclays 5 4.779 19,080 60 15 2.650 2.129


HSBC 7 3.974 15,865 98 7 4.162 -0.188

Commerzbank 8 3.965 15,831 127 5 4.467 -0.502

Citi 9 3.860 15,412 71 9 3.819 0.041

DeutscheBank 10 3.754 14,989 84 13 2.845 0.909

INGGroep 11 3.565 14,233 86 8 4.076 -0.511

BancoSantander 12 3.380 13,495 93 11 3.274 0.106

JPMorgan 13 3.181 12,701 54 6 4.265 -1.084


Natixis 15 2.050 8,183 57 12 3.054 -1.004



Nordea 18 1.897 7,572 41 25 1.178 0.719


NatWestMarkets 20 1.620 6,467 42 17 2.246 -0.626

TOTAL 100% 399,249 536 100%

EuropeCorporateLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 6.374 28,945 273 1 7.024 -0.650

HSBC 2 5.159 23,430 175 5 4.336 0.823

Citi 3 4.360 19,801 94 13 2.540 1.820

UniCredit 4 3.945 17,913 161 3 4.655 -0.710

Commerzbank 5 3.942 17,903 175 6 4.126 -0.184

BofASecurities 6 3.800 17,255 90 12 2.597 1.203


JPMorgan 8 3.679 16,707 86 4 4.510 -0.831


DeutscheBank 10 3.249 14,756 121 11 2.617 0.632

BancoSantander 11 3.196 14,515 138 9 2.992 0.204

INGGroep 12 3.187 14,473 131 8 3.700 -0.513

Barclays 13 3.184 14,462 103 10 2.656 0.528

NatWestMarkets 14 2.402 10,907 89 14 2.524 -0.122




Natixis 18 1.939 8,804 86 17 2.338 -0.399

Nordea 19 1.889 8,579 62 27 1.222 0.667

DanskeBank 20 1.818 8,256 64 32 1.045 0.773

TOTAL 100% 454,129 667 100%

EMEAGreenUoPLoans(Bookrunner)FY2019 FY2018


BNPParibas 1 11.652 1,836 7 2 15.166 -3.514

MitsubishiUFJFinancialGroupInc 2 7.826 1,233 2 - - 7.826


GoldmanSachs 4 5.839 920 1 - - 5.839

IntesaSanpaolo 5 5.170 815 3 6 4.331 0.839

Natixis 6 5.120 807 3 8 3.886 1.234

CreditAgricoleCIB 7 4.833 762 6 1 19.555 -14.722

UniCredit 8 4.276 674 4 5 5.225 -0.949

CaixaBank 9 3.820 602 3 11 2.884 0.936

BancoSantander 10 3.273 516 3 3 9.571 -6.298

StandardCharteredBank 11 2.861 451 2 - - 2.861

BancoBilbaoVizcayaArgentaria 12 2.785 439 3 10 3.302 -0.517

INGGroep 13 2.761 435 2 4 5.661 -2.900


LloydsBank 15 2.470 389 1 - - 2.470

AgriculturalBankofChina 16 2.271 358 1 - - 2.271

BankofChina 16 2.271 358 1 - - 2.271

ChinaEverbrightBank 16 2.271 358 1 - - 2.271

Industrial&CommBankofChina 16 2.271 358 1 - - 2.271

UnionNationalBankPJSC 16 2.271 358 1 21 0.976 1.295

TOTAL 100% 15,760 36 100%

EMEAGreenUoPLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 7.201 2,145 19 3 5.385 1.816

BancoSantander 2 5.458 1,625 18 7 4.306 1.152

CaixaBank 3 4.916 1,464 9 13 2.150 2.766



INGGroep 6 4.608 1,372 15 2 6.508 -1.900




Natixis 10 3.433 1,022 9 10 3.294 0.139

Rabobank 11 2.652 790 9 9 3.313 -0.661

BankofChina 12 2.396 714 4 37 0.594 1.802

SiemensBankGmbH 13 2.016 600 6 29 1.099 0.917

StandardCharteredBank 14 1.901 566 3 - - 1.901

LloydsBank 15 1.842 549 3 35 0.842 1.000

GoldmanSachs 16 1.733 516 3 62 0.222 1.511

KreditanstaltfuerWiederaufbau 17 1.698 506 4 11 2.399 -0.701

IntesaSanpaolo 18 1.667 497 5 21 1.709 -0.042

SEB 19 1.615 481 5 14 2.089 -0.474


TOTAL 100% 29,782 73 100%



WesternEuropeLoans(Bookrunner)FY2019 FY2018


BNPParibas 1 8.697 58,132 313 1 7.603 1.094


BofASecurities 3 4.595 30,714 117 10 3.362 1.233

DeutscheBank 4 4.549 30,406 157 8 4.075 0.474

UniCredit 5 4.445 29,707 193 3 5.164 -0.719

Barclays 6 4.421 29,547 115 14 2.705 1.716


JPMorgan 8 3.942 26,348 128 4 4.506 -0.564

HSBC 9 3.776 25,236 171 5 4.392 -0.616

INGGroep 10 3.731 24,935 182 7 4.131 -0.400

Citi 11 3.411 22,798 126 9 4.073 -0.662

GoldmanSachs 12 3.072 20,532 95 17 2.571 0.501

Natixis 13 3.033 20,274 130 12 3.093 -0.060

BancoSantander 14 3.014 20,143 149 15 2.701 0.313

Commerzbank 15 3.013 20,136 157 11 3.230 -0.217

CreditSuisse 16 2.271 15,182 74 20 1.651 0.620



MorganStanley 19 1.638 10,950 36 29 1.112 0.526


TOTAL 100% 668,374 1,107 100%

WesternEuropeLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 6.657 51,737 487 1 6.704 -0.047

HSBC 2 4.490 34,892 280 4 4.337 0.153


JPMorgan 4 4.101 31,871 181 3 4.340 -0.239

DeutscheBank 5 4.068 31,617 213 7 3.841 0.227

INGGroep 6 3.772 29,315 298 6 3.901 -0.129

Citi 7 3.705 28,794 168 10 3.027 0.678


UniCredit 9 3.264 25,366 244 5 4.072 -0.808

BofASecurities 10 3.226 25,069 155 15 2.445 0.781

BancoSantander 11 3.071 23,869 248 14 2.489 0.582

Commerzbank 12 2.996 23,282 221 9 3.094 -0.098

Barclays 13 2.914 22,649 175 11 2.694 0.220

Natixis 14 2.579 20,042 189 13 2.551 0.028

GoldmanSachs 15 2.406 18,694 124 18 2.211 0.195


NatWestMarkets 17 2.173 16,889 143 17 2.250 -0.077

CreditSuisse 18 2.159 16,774 99 20 1.782 0.377



TOTAL 100% 777,124 1,427 100%

GermanBorrowerLoans(Bookrunner)FY2019 FY2018


UniCredit 1 11.410 14,824 78 2 10.300 1.110

Commerzbank 2 10.004 12,997 89 1 11.907 -1.903

JPMorgan 3 8.805 11,439 20 4 5.700 3.105

DeutscheBank 4 7.606 9,881 51 5 5.397 2.209

BofASecurities 5 6.834 8,879 16 11 2.345 4.489

BNPParibas 6 6.282 8,162 28 3 8.714 -2.432

LandesbankBaden-Wuerttemberg 7 3.861 5,015 34 6 5.107 -1.246

CreditSuisse 8 3.632 4,718 10 17 1.653 1.979

HSBC 9 3.268 4,245 22 7 3.494 -0.226

GoldmanSachs 10 3.246 4,217 18 19 1.480 1.766

Citi 11 3.078 3,999 11 8 3.391 -0.313

INGGroep 12 2.783 3,615 16 10 2.764 0.019



Barclays 15 1.988 2,583 15 14 1.918 0.070


DZBank 17 1.586 2,060 13 27 1.085 0.501

NatWestMarkets 18 1.518 1,972 8 23 1.329 0.189



TOTAL 100% 129,914 179 100%

GermanBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


Commerzbank 1 8.955 11,837 112 1 9.747 -0.792

JPMorgan 2 8.710 11,513 24 2 8.883 -0.173

UniCredit 3 7.713 10,195 87 3 7.769 -0.056

DeutscheBank 4 5.784 7,645 68 4 5.260 0.524

LandesbankBaden-Wuerttemberg 5 4.894 6,469 57 5 4.682 0.212

BNPParibas 6 4.883 6,454 41 6 4.318 0.565

BofASecurities 7 4.862 6,427 18 14 2.595 2.267

CreditSuisse 8 3.903 5,159 14 21 1.477 2.426

HSBC 9 3.361 4,443 33 8 3.245 0.116

Citi 10 3.113 4,115 14 9 3.014 0.099

INGGroep 11 3.017 3,988 26 7 3.855 -0.838

DZBank 12 2.917 3,855 34 13 2.627 0.290

GoldmanSachs 13 2.637 3,485 21 27 1.192 1.445

LandesbankHessen-ThuringenGirozentrale 14 2.374 3,138 24 17 1.701 0.673

Barclays 15 2.180 2,882 19 16 2.010 0.170



BayernLB 18 1.996 2,638 31 11 2.849 -0.853

BankofChina 19 1.826 2,414 11 41 0.542 1.284

NatWestMarkets 20 1.800 2,379 10 19 1.612 0.188

TOTAL 100% 132,185 189 100%



NordicBorrowerLoans(Bookrunner)FY2019 FY2018


Barclays 1 13.896 9,783 12 5 4.437 9.459

Nordea 2 13.312 9,371 66 1 18.771 -5.459

BNPParibas 3 11.772 8,287 17 7 3.957 7.815

DanskeBank 4 11.150 7,850 53 4 6.525 4.625

SEB 5 6.348 4,469 38 3 8.269 -1.921

DNBASA 6 5.640 3,971 39 2 11.412 -5.772

DeutscheBank 7 3.566 2,511 9 15 1.974 1.592

Swedbank 8 2.737 1,927 16 11 2.877 -0.140

Citi 9 2.260 1,591 12 6 4.423 -2.163

INGGroep 10 2.159 1,520 19 10 3.018 -0.859

JPMorgan 11 2.140 1,506 8 9 3.789 -1.649

GoldmanSachs 12 2.043 1,439 6 14 1.999 0.044


HSBC 14 1.652 1,163 9 8 3.861 -2.209

UBS 15 1.635 1,151 3 35 0.459 1.176

NykreditBankA/S 16 1.457 1,026 2 44 0.223 1.234

OPCooperative 17 1.422 1,001 17 12 2.517 -1.095

SvenskaHandelsbanken 18 1.397 984 9 13 2.342 -0.945

BofASecurities 19 1.395 982 7 22 0.872 0.523


TOTAL 100% 70,401 124 100%

NordicBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


Nordea 1 13.248 10,794 95 1 16.766 -3.518

DanskeBank 2 12.522 10,203 83 2 10.993 1.529

SEB 3 8.421 6,862 68 3 10.605 -2.184

DNBASA 4 5.789 4,717 54 4 6.524 -0.735

BNPParibas 5 4.381 3,570 32 5 3.689 0.692

DeutscheBank 6 4.145 3,377 15 13 2.466 1.679

Swedbank 7 3.464 2,822 27 10 3.182 0.282

Citi 8 3.400 2,770 18 9 3.233 0.167

Barclays 9 2.628 2,141 14 7 3.531 -0.903

JPMorgan 10 2.321 1,891 11 8 3.363 -1.042

HSBC 11 2.320 1,890 14 6 3.641 -1.321

INGGroep 12 2.266 1,847 30 12 2.546 -0.280

OPCooperative 13 2.249 1,833 28 15 1.905 0.344


UniCredit 15 2.128 1,733 11 20 0.942 1.186

SvenskaHandelsbanken 16 2.021 1,647 15 14 2.425 -0.404

GoldmanSachs 17 1.766 1,439 6 19 1.365 0.401


IntesaSanpaolo 19 1.581 1,288 5 37 0.329 1.252

NatWestMarkets 20 1.497 1,219 14 17 1.462 0.035

TOTAL 100% 81,477 163 100%

BeneluxBorrowerLoans(Bookrunner)FY2019 FY2018



DeutscheBank 2 9.369 10,172 28 1 9.418 -0.049

BNPParibas 3 6.188 6,719 41 4 6.930 -0.742

CreditSuisse 4 5.830 6,329 24 9 3.448 2.382

BofASecurities 5 5.698 6,187 27 11 3.384 2.314

INGGroep 6 5.188 5,632 50 3 7.741 -2.553

HSBC 7 4.244 4,607 30 6 4.959 -0.715

Rabobank 8 3.505 3,805 29 8 3.799 -0.294

GoldmanSachs 9 3.447 3,742 21 10 3.416 0.031

Barclays 10 3.265 3,545 20 16 2.387 0.878

JPMorgan 11 3.241 3,519 20 5 4.960 -1.719

ABNAmroBankNV 12 2.993 3,250 21 13 3.075 -0.082


Citi 14 2.378 2,582 20 14 2.700 -0.322


BancoSantander 16 1.994 2,164 13 26 1.185 0.809

Natixis 17 1.928 2,094 12 17 2.210 -0.282

UniCredit 18 1.905 2,069 11 12 3.241 -1.336



TOTAL 100% 108,569 143 100%

BeneluxBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


DeutscheBank 1 8.264 10,041 35 1 8.784 -0.520

INGGroep 2 5.928 7,202 78 3 6.261 -0.333

BNPParibas 3 5.475 6,653 59 2 6.745 -1.270

CreditSuisse 4 5.180 6,294 27 12 3.077 2.103

BofASecurities 5 4.613 5,605 35 11 3.133 1.480

HSBC 6 4.354 5,290 44 6 3.939 0.415


JPMorgan 8 3.739 4,543 30 4 4.744 -1.005

GoldmanSachs 9 3.504 4,257 23 8 3.633 -0.129

Rabobank 10 3.019 3,669 46 5 4.148 -1.129

Barclays 11 2.984 3,626 25 18 1.974 1.010

ABNAmroBankNV 12 2.804 3,407 32 9 3.217 -0.413



Citi 15 2.491 3,026 24 15 2.716 -0.225

BancoSantander 16 2.376 2,887 21 25 1.249 1.127

UniCredit 17 2.236 2,717 19 14 2.884 -0.648



NatWestMarkets 20 1.771 2,152 17 16 2.299 -0.528

TOTAL 100% 121,501 186 100%



Central&EasternEuropeanBorrowerLoans(Bookrunner)FY2019 FY2018


UniCredit 1 10.666 2,854 27 1 11.807 -1.141

INGGroep 2 7.928 2,121 24 2 7.902 0.026


Citi 4 6.917 1,851 18 13 2.638 4.279

JPMorgan 5 4.602 1,231 10 25 1.125 3.477




BNPParibas 9 3.287 879 13 12 3.065 0.222

BofASecurities 10 3.255 871 12 8 4.623 -1.368

ErsteGroupBank 11 3.224 863 3 14 2.367 0.857

Commerzbank 12 3.159 845 13 9 3.824 -0.665

Natixis 13 3.141 840 4 15 2.054 1.087

CreditSuisse 14 3.008 805 3 56 0.103 2.905

EmiratesNBDPJSC 15 2.714 726 12 16 2.028 0.686

DeutscheBank 16 2.710 725 10 4 5.987 -3.277

IntesaSanpaolo 17 2.505 670 9 7 4.832 -2.327

Industrial&CommBankofChina 18 2.461 658 4 20 1.525 0.936



TOTAL 100% 26,756 63 100%

Central&EasternEuropeanBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


UniCredit 1 6.306 2,548 37 2 7.792 -1.486


INGGroep 3 5.516 2,229 36 1 9.893 -4.377

Gazprombank 4 5.379 2,173 5 39 0.505 4.874

Citi 5 3.977 1,607 23 5 3.602 0.375

JPMorgan 6 3.492 1,411 16 26 1.275 2.217



IntesaSanpaolo 9 2.961 1,196 20 6 3.382 -0.421


BNPParibas 11 2.701 1,091 19 10 2.835 -0.134

BankofChina 12 2.666 1,077 10 24 1.384 1.282

Natixis 13 2.525 1,020 6 25 1.335 1.190


DeutscheBank 15 2.310 933 15 3 5.677 -3.367

Commerzbank 16 2.146 867 16 8 3.158 -1.012

ErsteGroupBank 17 2.131 861 9 16 2.164 -0.033

BofASecurities 18 1.946 786 14 7 3.219 -1.273

HSBC 19 1.929 780 11 18 1.966 -0.037

EmiratesNBDPJSC 20 1.899 767 14 22 1.587 0.312

TOTAL 100% 40,402 93 100%

Russia&CISBorrowerLoans(Bookrunner)FY2019 FY2018


INGGroep 1 17.023 1,167 9 1 14.354 2.669

UniCredit 2 15.341 1,051 8 3 9.102 6.239

Natixis 3 13.703 939 4 7 6.308 7.395



CreditSuisse 6 5.515 378 2 26 0.324 5.191

SberbankCIBCJSC 7 4.934 338 3 8 5.438 -0.504

AlfaBank 8 4.646 318 2 13 2.615 2.031

Commerzbank 9 4.416 303 3 9 4.413 0.003

BankofChina 10 3.240 222 3 10 3.152 0.088

IntesaSanpaolo 11 3.211 220 3 10 3.152 0.059

JPMorgan 12 2.571 176 1 - - 2.571

Gazprombank 13 2.110 145 2 14 2.574 -0.464

Vnesheconombank 13 2.110 145 2 - - 2.110

EuropeanBankforReconstruct&Dev 15 1.090 75 1 20 0.539 0.551

Citi 16 0.729 50 1 15 2.221 -1.492

HSBC 16 0.729 50 1 18 1.013 -0.284

DeutscheBank 18 0.539 37 1 2 11.033 -10.494

BofASecurities 19 0.440 30 1 - - 0.440


TOTAL 100% 6,854 17 100%

Russia&CISBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


Gazprombank 1 19.219 2,442 5 12 2.321 16.898

Natixis 2 9.006 1,145 6 7 4.744 4.262


INGGroep 4 6.596 838 10 2 14.066 -7.470

UniCredit 5 5.502 699 8 3 10.815 -5.313

Vnesheconombank 6 4.757 605 3 - - 4.757



BankofChina 9 4.289 545 5 14 2.108 2.181

IntesaSanpaolo 10 3.756 477 6 17 1.971 1.785

ChinaDevelopmentBank 11 3.620 460 1 - - 3.620

Export-ImportBankofKorea 11 3.620 460 1 - - 3.620

KoreaTradeInsuranceCorp 11 3.620 460 1 - - 3.620

Commerzbank 14 2.968 377 5 10 3.273 -0.305

AlfaBank 15 2.143 272 2 13 2.180 -0.037

SberbankCIBCJSC 16 2.123 270 3 8 3.902 -1.779

CreditSuisse 17 2.033 258 3 24 0.722 1.311

JPMorgan 18 1.387 176 1 - - 1.387

HSBC 19 1.298 165 2 21 0.914 0.384

Nordea 20 1.099 140 2 19 1.693 -0.594

TOTAL 100% 12,709 24 100%



MENABorrowerLoans(Bookrunner)FY2019 FY2018



HSBC 2 6.928 4,954 18 2 7.493 -0.565



Citi 5 4.078 2,916 17 4 6.427 -2.349




BNPParibas 9 3.429 2,452 6 13 2.521 0.908


SambaCapital 11 3.061 2,188 7 20 1.479 1.582


JPMorgan 13 2.845 2,034 7 8 4.190 -1.345


BanqueMisrSAE 15 2.288 1,636 12 17 1.985 0.303

NationalBankofEgypt 16 2.269 1,622 12 12 2.547 -0.278

Natixis 17 2.206 1,578 6 23 1.046 1.160

MashreqbankPSC 18 2.164 1,548 9 11 2.565 -0.401

AbuDhabiCommercialBank 19 2.163 1,547 8 19 1.585 0.578

IntesaSanpaolo 20 2.127 1,521 4 67 0.037 2.090

TOTAL 100% 71,505 111 100%

MENABorrowerLoans(MandatedLeadArranger)FY2019 FY2018


HSBC 1 5.959 4,788 27 1 6.620 -0.661



Citi 4 4.037 3,244 21 5 4.648 -0.611




MashreqbankPSC 8 3.203 2,574 19 17 1.951 1.252

SambaCapital 9 2.901 2,331 12 14 2.076 0.825

BNPParibas 10 2.837 2,280 8 9 3.147 -0.310


JPMorgan 12 2.690 2,162 10 10 2.700 -0.010




Natixis 16 2.436 1,957 11 23 1.517 0.919



BofASecurities 19 2.305 1,852 7 44 0.498 1.807


TOTAL 100% 80,357 128 100%

GCCBorrowerLoans(Bookrunner)FY2019 FY2018



HSBC 2 6.652 4,304 16 4 7.053 -0.401



Citi 5 4.507 2,916 17 5 6.983 -2.476




BNPParibas 9 3.790 2,452 6 11 2.878 0.912


SambaCapital 11 3.383 2,188 7 18 1.689 1.694


JPMorgan 13 3.144 2,034 7 8 4.784 -1.640


Natixis 15 2.439 1,578 6 22 0.946 1.493


IntesaSanpaolo 17 2.350 1,521 4 - - 2.350

BofASecurities 18 2.329 1,507 2 44 0.166 2.163

BankABC 19 1.849 1,196 11 29 0.711 1.138

MashreqbankPSC 20 1.751 1,133 7 16 2.191 -0.440

TOTAL 100% 64,699 84 100%

GCCBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


HSBC 1 6.166 4,506 23 1 6.875 -0.709



Citi 4 4.439 3,244 21 5 4.945 -0.506




SambaCapital 8 3.190 2,331 12 14 2.298 0.892

MashreqbankPSC 9 3.132 2,289 15 18 1.862 1.270

BNPParibas 10 3.120 2,280 8 8 3.483 -0.363


JPMorgan 12 2.958 2,162 10 10 2.988 -0.030




Natixis 16 2.679 1,957 11 23 1.347 1.332



BofASecurities 19 2.534 1,852 7 37 0.551 1.983


TOTAL 100% 73,079 96 100%



EMEAIslamicFinancing(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD




2 9.732 2,044 9 - - 9.732


HSBC 4 6.504 1,366 6 5 5.203 1.301

SambaCapital 5 5.580 1,172 4 21 1.871 3.709

Al-RajhiBanking&InvestmentCorp 6 4.620 970 3 19 2.052 2.568


FirstAbuDhabiBankPJSC 8 4.212 885 9 4 5.580 -1.368

NationalCommercialBank 9 4.049 850 2 - - 4.049


NoorBank 11 3.390 712 6 8 4.964 -1.574



MashreqbankPSC 14 2.948 619 7 3 6.002 -3.054


BanqueMisrSAE 16 2.214 465 3 35 0.159 2.055

GulfInternationalBankBSC 17 2.183 458 2 - - 2.183

ICICI 18 2.142 450 2 - - 2.142

BankABC 19 1.686 354 2 29 0.456 1.230

NationalBankofBahrainBSC 20 1.444 303 1 - - 1.444

TOTAL 100% 21,006 50 100%

EMEAIslamicFinancing(MandatedLeadArranger)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD




2 7.432 2,044 9 - - 7.432

HSBC 3 6.003 1,651 10 2 5.445 0.558

SambaCapital 4 4.777 1,314 6 17 2.490 2.287



BanqueSaudiFransi 7 3.843 1,057 5 8 2.991 0.852



NoorBank 10 3.476 956 11 15 2.723 0.753


MashreqbankPSC 12 2.153 592 10 7 3.183 -1.030





BankofChina 17 1.764 485 2 21 2.283 -0.519

KuveytTurkKatilimBankasiAS 18 1.728 475 2 - - 1.728

TCZiraatBankasi 19 1.658 456 2 - - 1.658

TurkiyeGarantiBankasiAS 19 1.658 456 2 89 0.020 1.638

TOTAL 100% 27,508 56 100%

AfricaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%) MktShareChg(%)

AfricanExport-ImportBank 1 8.705 2,792 10 2 6.764 1.941



EasternandSouthernAfricanTradeand Development Bank

4 5.471 1,754 3 18 1.817 3.654

BanqueMisrSAE 5 5.101 1,636 12 5 5.136 -0.035

SocieteGenerale 6 5.078 1,628 5 - - 5.078


StandardBankofSouthAfrica 8 4.926 1,580 6 13 2.331 2.595

BofASecurities 9 3.782 1,213 10 14 2.202 1.580



INGGroep 12 3.475 1,114 5 45 0.551 2.924


HSBC 14 3.296 1,057 10 6 4.120 -0.824

BNPParibas 15 3.151 1,010 4 15 2.010 1.141

Citi 16 2.620 840 8 7 4.091 -1.471

NedbankLtd 17 2.613 838 4 12 2.334 0.279

MashreqbankPSC 18 2.171 696 6 11 2.470 -0.299

Natixis 19 2.167 695 3 43 0.563 1.604

AbsaGroupLtd 20 1.606 515 4 24 1.347 0.259

TOTAL 100% 32,068 73 100%

AfricaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank PrevMktShare(%) MktShareChg(%)




3 4.597 1,711 3 71 0.301 4.296

BNPParibas 4 4.359 1,623 9 20 1.458 2.901


BanqueMisrSAE 6 3.801 1,415 13 6 3.789 0.012



INGGroep 9 3.213 1,196 7 43 0.711 2.502


BofASecurities 11 2.749 1,023 11 16 1.600 1.149

AbsaGroupLtd 12 2.634 980 13 2 5.467 -2.833




NedbankLtd 16 2.398 893 12 8 3.192 -0.794

Citi 17 2.222 827 10 9 2.901 -0.679

FirstRandLtd 18 2.072 771 9 7 3.663 -1.591


CommercialInternationalBankofEgypt 20 1.567 583 9 10 2.561 -0.994

TOTAL 100% 37,220 101 100%



MENABorrowerCorporateLoans(Bookrunner)FY2019 FY2018


FirstAbuDhabiBankPJSC 1 11.182 3,615 16 1 14.674 -3.492

HSBC 2 6.112 1,976 9 6 4.623 1.489




MashreqbankPSC 6 4.478 1,448 8 8 3.435 1.043

SambaCapital 7 4.387 1,418 5 13 2.507 1.880



ArabNationalBank 10 3.482 1,126 4 28 1.013 2.469


Natixis 12 3.121 1,009 3 21 1.518 1.603

Al-RajhiBanking&InvestmentCorp 13 3.002 970 3 28 1.013 1.989

Citi 14 2.988 966 10 3 5.797 -2.809

BNPParibas 15 2.923 945 4 17 2.032 0.891

NationalCommercialBank 16 2.863 925 3 44 0.164 2.699



BankABC 19 2.328 753 7 31 1.003 1.325


TOTAL 100% 32,326 49 100%

MENABorrowerCorporateLoans(MandatedLeadArranger)FY2019 FY2018



HSBC 2 6.241 2,321 16 3 5.145 1.096

MashreqbankPSC 3 5.952 2,213 16 12 2.755 3.197


SambaCapital 5 4.070 1,513 6 6 3.351 0.719




ArabNationalBank 9 3.027 1,126 4 32 0.967 2.060


Citi 11 2.889 1,074 11 4 4.444 -1.555



BanqueSaudiFransi 14 2.753 1,024 4 10 2.827 -0.074

DubaiIslamicBank 15 2.684 998 6 39 0.632 2.052


BNPParibas 17 2.431 904 5 16 1.973 0.458




TOTAL 100% 37,181 59 100%

EMEAAcquisitionLoans(Bookrunner)FY2019 FY2018


BNPParibas 1 12.640 22,063 79 1 9.300 3.340

Barclays 2 9.431 16,461 30 4 4.836 4.595


BofASecurities 4 7.665 13,379 26 11 3.290 4.375

GoldmanSachs 5 5.505 9,608 35 6 4.370 1.135

JPMorgan 6 4.573 7,982 31 2 7.376 -2.803

DeutscheBank 7 4.266 7,446 40 8 4.279 -0.013

MorganStanley 8 3.698 6,454 14 17 2.078 1.620

HSBC 9 3.295 5,751 39 9 3.886 -0.591

CreditSuisse 10 3.127 5,458 30 14 2.633 0.494


UniCredit 12 2.748 4,796 40 5 4.535 -1.787

Citi 13 2.412 4,210 18 7 4.282 -1.870

Natixis 14 2.354 4,109 38 13 2.936 -0.582

INGGroep 15 2.331 4,069 31 15 2.512 -0.181

BancoSantander 16 2.169 3,787 33 18 1.757 0.412

DanskeBank 17 1.821 3,179 18 44 0.335 1.486

Nordea 18 1.492 2,604 14 26 1.104 0.388



TOTAL 100% 174,545 253 100%

EMEAAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 7.431 14,138 117 1 8.033 -0.602

JPMorgan 2 5.552 10,564 41 2 7.884 -2.332

BofASecurities 3 4.827 9,183 31 12 2.899 1.928

DeutscheBank 4 4.307 8,195 53 8 3.541 0.766


HSBC 6 3.936 7,489 56 3 4.577 -0.641

GoldmanSachs 7 3.735 7,106 44 13 2.663 1.072


INGGroep 9 3.419 6,506 54 10 3.398 0.021

Barclays 10 3.312 6,302 39 5 4.170 -0.858

CreditSuisse 11 3.214 6,115 32 7 3.725 -0.511

UniCredit 12 2.981 5,671 50 4 4.201 -1.220

Natixis 13 2.774 5,277 52 14 2.539 0.235

BancoSantander 14 2.741 5,216 45 18 2.110 0.631

Citi 15 2.718 5,172 28 11 2.932 -0.214

DanskeBank 16 2.256 4,292 26 30 0.977 1.279

Nordea 17 2.232 4,246 25 25 1.249 0.983

NatWestMarkets 18 2.060 3,919 27 15 2.474 -0.414


MorganStanley 20 1.989 3,785 17 17 2.189 -0.200

TOTAL 100% 190,263 311 100%



EMEALeveragedAcquisitionLoans(Bookrunner)FY2019 FY2018


BNPParibas 1 7.451 4,566 42 2 6.422 1.029

DeutscheBank 2 6.508 3,988 32 1 6.589 -0.081

GoldmanSachs 3 5.643 3,458 30 3 5.702 -0.059

HSBC 4 5.498 3,369 25 6 5.217 0.281

JPMorgan 5 5.429 3,327 22 8 4.419 1.010


BofASecurities 7 4.713 2,888 18 17 2.652 2.061

Barclays 8 4.478 2,744 22 5 5.450 -0.972

CreditSuisse 9 4.243 2,600 28 7 4.852 -0.609

UniCredit 10 3.330 2,040 24 11 3.426 -0.096

Natixis 11 3.058 1,874 27 10 3.530 -0.472

BancoSantander 12 2.892 1,772 21 20 1.640 1.252


INGGroep 14 2.510 1,538 21 12 3.410 -0.900

UBS 15 2.497 1,530 13 15 2.886 -0.389

NatWestMarkets 16 2.491 1,527 10 18 2.141 0.350

Rabobank 17 2.372 1,454 9 22 1.427 0.945

MorganStanley 18 2.327 1,426 11 13 3.277 -0.950

DanskeBank 19 2.325 1,425 9 39 0.384 1.941

Citi 20 2.201 1,349 9 16 2.748 -0.547

TOTAL 100% 61,276 161 100%

EMEALeveragedAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


BNPParibas 1 7.013 4,768 59 1 6.815 0.198

DeutscheBank 2 5.899 4,011 37 2 6.230 -0.331

HSBC 3 5.534 3,763 32 3 5.247 0.287

GoldmanSachs 4 5.262 3,577 33 7 4.078 1.184

JPMorgan 5 4.871 3,312 25 8 3.840 1.031


BofASecurities 7 4.060 2,760 18 17 2.345 1.715

Barclays 8 3.955 2,689 25 5 4.822 -0.867

CreditSuisse 9 3.505 2,383 28 6 4.470 -0.965

INGGroep 10 3.491 2,374 31 10 3.624 -0.133

BancoSantander 11 2.926 1,989 27 26 1.231 1.695


UniCredit 13 2.654 1,805 28 11 3.283 -0.629

Natixis 14 2.653 1,803 31 12 3.146 -0.493

NatWestMarkets 15 2.544 1,730 15 16 2.407 0.137

UBS 16 2.251 1,530 13 14 2.516 -0.265

DanskeBank 17 2.129 1,447 12 24 1.260 0.869

Citi 18 2.035 1,383 12 13 3.007 -0.972

MorganStanley 19 2.027 1,378 11 18 2.128 -0.101


TOTAL 100% 67,988 197 100%

EMEAInvestmentGradeAcquisitionLoans(Bookrunner)FY2019 FY2018


Barclays 1 17.941 13,328 4 6 5.586 12.355

BofASecurities 2 12.466 9,260 4 7 4.682 7.784


GoldmanSachs 4 8.176 6,074 4 8 4.341 3.835

BNPParibas 5 7.317 5,435 10 1 11.410 -4.093

MorganStanley 6 6.768 5,028 3 15 1.853 4.915

JPMorgan 7 6.116 4,543 7 2 10.608 -4.492

CreditSuisse 8 3.626 2,694 1 18 1.477 2.149


DeutscheBank 10 3.208 2,383 3 9 3.915 -0.707

Citi 11 3.197 2,375 4 4 6.681 -3.484


HSBC 13 1.622 1,205 3 14 1.998 -0.376

Natixis 14 1.585 1,177 3 16 1.650 -0.065

BancoSantander 15 1.114 828 4 19 1.361 -0.247

IntesaSanpaolo 16 0.946 703 3 13 2.515 -1.569

UniCredit 16 0.946 703 3 5 6.519 -5.573

MizuhoFinancial 18 0.789 586 2 23 1.041 -0.252

INGGroep 19 0.694 516 2 22 1.143 -0.449

Commerzbank 20 0.685 509 2 11 3.045 -2.360

TOTAL 100% 74,287 19 100%

EMEAInvestmentGradeAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 8.255 6,342 12 1 12.419 -4.164

BofASecurities 2 7.940 6,100 9 5 4.004 3.936

BNPParibas 3 6.719 5,162 16 2 9.166 -2.447

CreditSuisse 4 4.645 3,568 3 16 2.461 2.184


GoldmanSachs 6 3.850 2,957 8 22 1.896 1.954

Barclays 7 3.702 2,844 7 4 4.045 -0.343

Citi 8 3.580 2,750 7 8 3.589 -0.009

DeutscheBank 9 3.452 2,652 7 18 2.128 1.324

Commerzbank 10 3.224 2,477 7 11 3.225 -0.001

BancoSantander 11 3.047 2,341 7 14 2.488 0.559

HSBC 12 2.969 2,281 6 6 3.720 -0.751


UniCredit 14 2.610 2,005 6 3 5.948 -3.338


MorganStanley 16 2.504 1,923 5 13 3.017 -0.513


IntesaSanpaolo 18 2.476 1,902 5 15 2.479 -0.003

INGGroep 19 2.412 1,853 5 9 3.295 -0.883

Natixis 20 2.117 1,626 5 23 1.838 0.279

TOTAL 100% 76,822 21 100%



Sub-SaharanAfricaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%) MktShareChg(%)





4 6.900 1,754 3 11 2.676 4.224

SocieteGenerale 5 6.404 1,628 5 - - 6.404


BofASecurities 7 4.770 1,213 10 8 3.242 1.528


INGGroep 9 4.383 1,114 5 34 0.812 3.571


BNPParibas 11 3.974 1,010 4 9 2.960 1.014

Citi 12 3.305 840 8 4 4.844 -1.539

NedbankLtd 13 3.296 838 4 6 3.438 -0.142

Natixis 14 2.733 695 3 - - 2.733

AbsaGroupLtd 15 2.025 515 4 17 1.983 0.042

MashreqbankPSC 16 1.755 446 5 29 1.177 0.578

HSBC 17 1.601 407 8 32 1.058 0.543

Rabobank 18 1.259 320 2 - - 1.259


StateBankofIndia 20 0.963 245 7 54 0.178 0.785

TOTAL 100% 25,427 47 100%

Sub-SaharanAfricaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank PrevMktShare(%) MktShareChg(%)




3 5.684 1,711 3 57 0.415 5.269

BNPParibas 4 5.389 1,623 9 13 2.005 3.384



INGGroep 7 3.973 1,196 7 31 0.978 2.995


BofASecurities 9 3.399 1,023 11 12 2.201 1.198

AbsaGroupLtd 10 3.256 980 13 2 7.521 -4.265




NedbankLtd 14 2.965 893 12 6 4.390 -1.425

Citi 15 2.748 827 10 7 3.282 -0.534

FirstRandLtd 16 2.562 771 9 5 5.039 -2.477

BankofChina 17 1.398 421 9 19 1.364 0.034

Natixis 18 1.334 402 5 32 0.963 0.371

Commerzbank 19 1.192 359 9 16 1.466 -0.274

KoreaDevelopmentBank 20 1.107 333 1 42 0.696 0.411

TOTAL 100% 30,106 70 100%

SpainBorrowerLoans(Bookrunner)FY2019 FY2018


BancoSantander 1 16.454 10,360 93 1 17.613 -1.159


CaixaBank 3 7.509 4,728 42 3 9.729 -2.220

BNPParibas 4 7.276 4,581 24 4 4.826 2.450

Bankia 5 4.517 2,844 43 8 2.913 1.604


BofASecurities 7 4.260 2,682 11 12 2.295 1.965

JPMorgan 8 3.874 2,440 12 16 1.956 1.918

BancoSabadell 9 3.224 2,030 25 7 2.980 0.244


Citi 11 3.047 1,918 12 9 2.649 0.398

IntesaSanpaolo 12 2.771 1,745 10 19 1.892 0.879

HSBC 13 2.469 1,554 7 21 1.853 0.616

INGGroep 14 1.861 1,172 14 10 2.545 -0.684

UniCredit 15 1.727 1,087 9 15 2.068 -0.341

GoldmanSachs 16 1.660 1,045 4 17 1.950 -0.290

Natixis 17 1.645 1,036 9 24 1.099 0.546


Commerzbank 19 1.557 980 8 22 1.689 -0.132


TOTAL 100% 62,966 169 100%

SpainBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


BancoSantander 1 11.699 8,049 127 1 10.722 0.977


CaixaBank 3 7.735 5,322 84 2 7.883 -0.148

BNPParibas 4 6.684 4,599 33 7 4.406 2.278

Bankia 5 6.013 4,137 93 4 5.457 0.556

BancoSabadell 6 4.651 3,200 65 5 5.280 -0.629


BofASecurities 8 3.876 2,667 13 10 2.495 1.381

HSBC 9 3.606 2,481 15 14 2.146 1.460

JPMorgan 10 3.506 2,412 13 19 1.985 1.521


Citi 12 2.486 1,711 13 11 2.474 0.012

IntesaSanpaolo 13 2.061 1,418 13 18 2.036 0.025

INGGroep 14 1.948 1,340 21 16 2.128 -0.180


DeutscheBank 16 1.716 1,181 15 20 1.964 -0.248

GoldmanSachs 17 1.694 1,165 7 24 1.583 0.111

Natixis 18 1.604 1,104 12 28 1.300 0.304

Barclays 19 1.603 1,103 13 9 2.553 -0.950


TOTAL 100% 68,807 208 100%



EMEAInstitutionalex-Repricing(Bookrunner)FY2019 FY2018


JPMorgan 1 10.817 8,420 47 6 5.391 5.426

GoldmanSachs 2 8.598 6,692 57 1 8.003 0.595

DeutscheBank 3 7.582 5,901 49 2 6.857 0.725

BNPParibas 4 6.280 4,888 53 3 5.790 0.490

CreditSuisse 5 5.979 4,654 37 7 4.930 1.049


Barclays 7 4.573 3,559 34 5 5.435 -0.862

BofASecurities 8 4.287 3,337 27 16 2.857 1.430

HSBC 9 3.905 3,039 35 4 5.695 -1.790

Natixis 10 3.879 3,019 33 10 3.642 0.237

MorganStanley 11 3.303 2,571 20 11 3.602 -0.299

INGGroep 12 2.701 2,102 26 9 3.752 -1.051


Citi 14 2.141 1,666 20 14 3.281 -1.140

Nomura 15 2.068 1,610 10 23 1.439 0.629

BancoSantander 16 1.871 1,456 15 38 0.216 1.655

UniCredit 17 1.835 1,428 21 12 3.600 -1.765

UBS 18 1.796 1,398 13 15 3.001 -1.205



TOTAL 100% 77,837 196 100%

EMEAInstitutionalex-Repricing(MandatedLeadArranger)FY2019 FY2018


JPMorgan 1 10.223 8,087 48 5 5.034 5.189

GoldmanSachs 2 8.323 6,584 58 1 7.105 1.218

DeutscheBank 3 7.075 5,597 50 2 6.448 0.627

BNPParibas 4 5.888 4,658 58 3 5.659 0.229

CreditSuisse 5 5.644 4,464 37 6 4.902 0.742


Barclays 7 4.316 3,414 37 7 4.891 -0.575

HSBC 8 4.308 3,408 40 4 5.441 -1.133

BofASecurities 9 4.074 3,222 27 17 2.740 1.334

Natixis 10 3.791 2,999 36 10 3.686 0.105

MorganStanley 11 3.343 2,644 21 16 2.806 0.537


INGGroep 13 2.672 2,114 30 8 4.057 -1.385

Nomura 14 1.914 1,514 10 24 1.461 0.453

BancoSantander 15 1.879 1,486 19 39 0.352 1.527

Citi 16 1.812 1,434 20 12 3.247 -1.435

UBS 17 1.767 1,398 13 14 2.964 -1.197

UniCredit 18 1.717 1,358 21 13 3.229 -1.512



TOTAL 100% 79,105 203 100%



AsiaPacificex-JapanLoansReviewFY2019totalAPACex-JapanLoansvolumedecreased6.27%toUSD577.1Blnwhilethetotalnumberofdealsincreased1.59%to1,794dealsyear-on-year.BankofChinarankedasthetopAPACex-JapanLoansbookrunnerforFY2019with12.45%ofcreditedmarketshare.Thebankactedasbookrunnerin294dealsovertheperiod.HSBCandANZBankingGrouprankedsecondandthirdwith4.71%and4.18%ofcreditedmarketshare,respectively.

APACex-JapanLoans(Bookrunner)

FY2019 FY2018


BankofChina 1 12.449 50,262 294 1 11.241 1.208

HSBC 2 4.707 19,006 110 3 4.537 0.170

ANZBankingGroup 3 4.181 16,880 95 2 5.609 -1.428


ChinaConstructionBank 5 3.561 14,376 40 16 1.877 1.684



KBFinancialGroupInc 8 2.901 11,714 63 8 2.655 0.246

AgriculturalBankofChina 9 2.878 11,618 48 19 1.640 1.238


TOTAL 100% 403,737 1,294 100%

APACex-JapanLoans:LargestDealsbyCountryofFY2019

Borrower Volume(USDMln) Date Country

AustraliaPacificLNGProcessingPtyLtd 2,550 02/22/2019 Australia

TencentAssetManagementLtd 6,500 08/27/2019 China

AlipayHongKongHoldingLtd 3,500 11/15/2019 HongKong

HPCLRajasthanRefineryLtd 4,046 01/28/2019 India

PertaminaPerseroPT 1,746 06/13/2019 Indonesia

PengerangRefiningCoSdnBhd 7,000 09/17/2019 Malaysia

MarinaBaySandsPteLtd 3,364 08/30/2019 Singapore

SIFCTowerOneDevelopmentYH 1,902 10/08/2019 SouthKorea

YunnengWindPowerCoLtd 2,678 10/25/2019 Taiwan

GlobalPowerSynergyPCL 3,044 03/11/2019 Thailand

Financials38%

Industrials14%


Energy11%

Materials8%

Utilities6%

Others11%

APACex-JapanLoans:QuarterlyVolume

Q42014

Q42014

Q42015

Q42015

Q42016

Q42016

Q42017

Q42017

Q42018

Q42018

QuartersQuarters

Q42019

Q42019

5050

100100

150150

USDBln

USDBln

00

180180

200200

400400 DealC

ountDealC

ount

00

600600

DealCount Amount

APACex-JapanLoans:IndustryBreakdown

38%

14%12%

11%

8%

6%

11%

APACex-JapanLoans:BookrunnerRankingsHistory

BankofChina

HSBC

ANZBankingGroup

StandardCharteredBank

ChinaConstructionBank

MizuhoFinancial

5

10

MarketShare(%

)

0

15

2019 2018 2017



Asiaex-JapanLoans(Bookrunner)FY2019 FY2018


BankofChina 1 14.227 48,577 286 1 13.243 0.984


HSBC 3 4.135 14,119 88 3 4.131 0.004





ShinhanFinancialGroupCoLtd 8 3.085 10,535 62 11 2.270 0.815

KoreaDevelopmentBank 9 2.963 10,116 45 9 2.601 0.362


DBSGroup 11 2.765 9,441 78 7 3.115 -0.350


Industrial&CommBankofChina 13 2.194 7,492 32 5 3.457 -1.263

StateBankofIndia 14 1.892 6,459 13 58 0.346 1.546


AxisBankLtd 16 1.662 5,676 26 25 1.189 0.473


ANZBankingGroup 18 1.480 5,054 38 21 1.399 0.081

DeutscheBank 19 1.464 4,999 24 30 1.048 0.416

CIMB 20 1.386 4,734 23 46 0.474 0.912

TOTAL 100% 341,449 1,132 100%

Asiaex-JapanLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 12.779 60,991 424 1 12.981 -0.202

BankofCommunications 2 4.949 23,619 143 41 0.671 4.278

HSBC 3 4.008 19,130 189 5 3.415 0.593

DBSGroup 4 3.783 18,057 173 4 3.527 0.256










Oversea-ChineseBankingCorp 14 2.412 11,512 115 7 2.670 -0.258

UnitedOverseasBank 15 2.244 10,711 83 8 2.466 -0.222



Maybank 18 1.304 6,223 56 26 0.985 0.319


Citi 20 1.210 5,773 57 34 0.797 0.413

TOTAL 100% 477,273 1,489 100%

APACex-JapanG3CurrencyLoans(Bookrunner)FY2019 FY2018



BankofChina 2 6.893 11,188 44 13 2.480 4.413

HSBC 3 6.692 10,862 61 2 6.099 0.593






DBSGroup 9 3.416 5,544 50 4 4.298 -0.882


DeutscheBank 11 2.657 4,312 22 14 2.414 0.243


Citi 13 2.295 3,725 25 18 2.264 0.031

WestpacBanking 14 2.112 3,428 17 25 1.424 0.688

CreditSuisse 15 1.798 2,918 14 19 2.222 -0.424



CIMB 18 1.607 2,608 8 43 0.443 1.164



TOTAL 100% 162,316 343 100%

APACex-JapanG3CurrencyLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 6.859 14,490 110 3 3.825 3.034

HSBC 2 5.484 11,587 112 5 3.674 1.810




DBSGroup 6 4.132 8,730 92 2 4.151 -0.019






Citi 12 2.207 4,662 46 19 1.796 0.411



DeutscheBank 15 1.605 3,391 29 26 1.420 0.185

INGGroep 16 1.537 3,248 40 16 2.044 -0.507

ChinaMerchantsBank 17 1.459 3,082 26 29 1.031 0.428

JPMorgan 18 1.439 3,040 18 56 0.358 1.081



TOTAL 100% 211,271 456 100%



APACex-JapanLoans(Bookrunner)FY2019 FY2018


BankofChina 1 12.449 50,262 294 1 11.241 1.208

HSBC 2 4.707 19,006 110 3 4.537 0.170












DBSGroup 14 2.370 9,567 79 10 2.640 -0.270


NationalAustraliaBank 16 1.956 7,899 40 7 2.751 -0.795

WestpacBanking 17 1.838 7,422 41 20 1.578 0.260

CommonwealthBankAustralia 18 1.602 6,467 36 9 2.640 -1.038



TOTAL 100% 403,737 1,294 100%

APACex-JapanLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 11.812 67,095 496 1 11.194 0.618


HSBC 3 4.184 23,766 231 4 3.502 0.682

DBSGroup 4 3.351 19,035 188 6 3.032 0.319

















TOTAL 100% 568,015 1,756 100%

ASEANLoans(Bookrunner)FY2019 FY2018






CIMB 5 5.538 4,734 23 14 2.341 3.197

DBSGroup 6 5.404 4,619 40 1 8.312 -2.908


HSBC 8 4.841 4,138 22 6 5.254 -0.413

Maybank 9 4.398 3,759 26 10 4.049 0.349

BankofChina 10 4.347 3,716 15 19 1.638 2.709


BankMandiri 12 3.108 2,657 22 5 5.800 -2.692

BankNegaraIndonesia(Persero)TbkPT 13 2.701 2,309 21 13 3.149 -0.448



DeutscheBank 16 2.041 1,744 10 22 1.257 0.784

BNPParibas 17 1.503 1,284 10 16 2.197 -0.694

BankRakyatIndonesiaPT 18 1.454 1,242 12 28 0.840 0.614

WestpacBanking 19 1.411 1,207 4 26 1.054 0.357

BDOCapital&InvestmentCorp 20 1.290 1,102 3 15 2.294 -1.004

TOTAL 100% 85,478 177 100%

ASEANLoans(MandatedLeadArranger)FY2019 FY2018


DBSGroup 1 8.162 10,205 88 2 8.336 -0.174




Maybank 5 4.637 5,798 47 7 4.165 0.472




HSBC 9 3.798 4,748 41 9 3.759 0.039

CIMB 10 3.634 4,544 37 13 2.825 0.809

BankofChina 11 3.265 4,083 39 11 3.298 -0.033

BankMandiri 12 2.760 3,450 35 5 4.246 -1.486


BankNegaraIndonesia(Persero)TbkPT 14 2.377 2,972 29 12 2.867 -0.490



BankRakyatIndonesiaPT 17 1.508 1,886 17 19 1.565 -0.057

BNPParibas 18 1.483 1,855 26 17 1.892 -0.409

DeutscheBank 19 1.323 1,654 14 30 0.642 0.681

CreditSuisse 20 1.309 1,636 7 21 1.382 -0.073

TOTAL 100% 125,032 267 100%



APACex-JapanLeveragedLoans(Bookrunner)FY2019 FY2018



HSBC 2 5.526 1,202 6 6 3.983 1.543

CTBCFinancialHolding 3 5.282 1,149 5 9 3.456 1.826

KBFinancialGroupInc 4 4.601 1,001 5 4 5.296 -0.695

NationalAustraliaBank 5 4.361 949 6 - - 4.361

NHInvestment&SecuritiesCoLtd 6 4.193 912 3 13 3.265 0.928

HanaFinancialGroupInc 7 3.683 801 4 24 1.866 1.817

KohlbergKravisRoberts&Co 8 3.566 776 5 37 0.436 3.130

BDOCapital&InvestmentCorp 9 3.522 766 1 - - 3.522


Barclays 11 3.257 709 5 41 0.332 2.925


BankofChina 13 3.056 665 3 7 3.652 -0.596


CommonwealthBankAustralia 15 3.049 663 3 - - 3.049

JPMorgan 16 2.919 635 3 - - 2.919

CreditSuisse 17 2.862 623 4 48 0.073 2.789

BofASecurities 18 2.592 564 2 26 1.438 1.154

Citi 19 2.382 518 2 48 0.073 2.309

ANZBankingGroup 20 2.180 474 3 14 3.069 -0.889

TOTAL 100% 21,759 52 100%

APACex-JapanLeveragedLoans(MandatedLeadArranger)FY2019 FY2018



HanaFinancialGroupInc 2 5.444 1,603 8 18 2.371 3.073


NHInvestment&SecuritiesCoLtd 4 3.747 1,103 5 7 3.482 0.265

WooriFinancialGroupInc 5 3.737 1,101 6 17 2.418 1.319

HSBC 6 3.650 1,075 9 5 4.271 -0.621

MiraeAssetDaewooCoLtd 7 3.361 990 5 10 3.113 0.248


BankofChina 9 3.093 911 9 9 3.258 -0.165

NationalAustraliaBank 10 2.791 822 11 36 0.877 1.914


BDOCapital&InvestmentCorp 12 2.602 766 1 - - 2.602


DeutscheBank 14 2.089 615 6 26 1.351 0.738

Barclays 15 1.954 575 5 60 0.307 1.647

SamsungSecuritiesCoLtd 16 1.814 534 4 22 1.469 0.345

SumitomoMitsuiFinancial 17 1.788 527 10 15 2.484 -0.696

CreditSuisse 18 1.679 495 4 85 0.067 1.612

Citi 19 1.657 488 4 85 0.067 1.590


TOTAL 100% 29,448 75 100%

APACProjectFinanceLoans(Bookrunner)FY2019 FY2018




BankofChina 3 7.037 4,087 14 4 6.237 0.800





YesBank 8 3.727 2,164 29 21 1.556 2.171

ChinaCiticBank 9 3.494 2,029 3 29 0.835 2.659

CIMB 10 3.136 1,821 6 24 1.162 1.974


BankNegaraIndonesia(Persero)TbkPT 12 2.898 1,683 15 13 2.620 0.278


HSBC 14 2.512 1,459 5 9 3.292 -0.780

AxisBankLtd 15 1.995 1,158 5 15 2.173 -0.178



ANZBankingGroup 18 1.669 969 4 22 1.514 0.155

BankMandiri 19 1.668 969 12 8 3.418 -1.750

L&TFinancialServices 20 1.392 808 8 18 1.710 -0.318

TOTAL 100% 58,072 160 100%

APACProjectFinanceLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 6.128 5,918 37 2 6.651 -0.523








HSBC 9 2.620 2,530 21 16 1.815 0.805



YesBank 12 2.241 2,164 29 29 0.867 1.374

DBSGroup 13 2.172 2,097 19 20 1.462 0.710




ChinaCiticBank 17 1.850 1,787 3 41 0.499 1.351


BNPParibas 19 1.574 1,520 18 28 0.872 0.702

BankMandiri 20 1.564 1,511 17 13 2.028 -0.464

TOTAL 100% 96,569 266 100%



APACex-JapanGreenUoPLoans(Bookrunner)FY2019 FY2018


MizuhoFinancial 1 8.958 1,691 8 - - 8.958



Oversea-ChineseBankingCorp 4 5.276 996 4 11 1.717 3.559

BNPParibas 5 5.272 995 4 - - 5.272

DBSGroup 6 5.255 992 4 11 1.717 3.538



BankofChina 9 4.279 808 5 7 6.052 -1.773

DeutscheBank 10 3.637 686 2 - - 3.637



BofASecurities 13 3.055 577 2 - - 3.055

Maybank 13 3.055 577 2 11 1.717 1.338

FubonFinancialHolding 15 2.590 489 2 - - 2.590


KoreaDevelopmentBank 17 1.855 350 1 5 8.683 -6.828

BankNegaraIndonesia(Persero)TbkPT 18 1.827 345 1 - - 1.827

BankRakyatIndonesiaPT 18 1.827 345 1 - - 1.827

CathayUnitedBank 20 1.652 312 2 - - 1.652

TOTAL 100% 18,873 35 100%

APACex-JapanGreenUoPLoans(MandatedLeadArranger)FY2019 FY2018



DBSGroup 2 8.442 2,284 17 18 2.634 5.808



BNPParibas 5 4.706 1,273 10 10 3.681 1.025



BankofChina 8 3.710 1,004 14 5 5.397 -1.687

StandardCharteredBank 9 3.192 864 5 27 0.944 2.248

INGGroep 10 2.478 671 10 8 4.033 -1.555

Maybank 11 2.303 623 3 22 1.968 0.335

BofASecurities 12 2.127 576 3 - - 2.127


CathayUnitedBank 14 1.976 535 5 34 0.531 1.445




HongLeongFinancialGroupBhd 18 1.558 422 2 - - 1.558

HSBC 19 1.446 391 8 9 3.966 -2.520

DeutscheBank 20 1.379 373 2 - - 1.379

TOTAL 100% 27,060 60 100%

APACex-JapanAcquisitionLoans(Bookrunner)FY2019 FY2018


BankofChina 1 9.198 3,613 7 9 3.748 5.450


DBSGroup 3 5.141 2,020 7 17 1.839 3.302




CreditSuisse 7 3.203 1,258 5 14 2.177 1.026


WestpacBanking 9 2.955 1,161 7 12 2.380 0.575




NationalAustraliaBank 13 2.742 1,077 7 24 1.459 1.283

Barclays 14 2.578 1,012 5 - - 2.578

JPMorgan 15 2.390 939 3 - - 2.390

Citi 16 2.337 918 5 47 0.373 1.964

ChinaMerchantsBank 17 2.319 911 3 5 4.603 -2.284

WooriFinancialGroupInc 18 2.125 835 2 65 0.154 1.971

AxisBankLtd 19 2.115 831 4 - - 2.115

HSBC 20 2.066 811 4 15 2.172 -0.106

TOTAL 100% 39,279 82 100%

APACex-JapanAcquisitionLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 7.757 4,294 25 6 3.563 4.194





DBSGroup 6 3.642 2,016 16 19 2.126 1.516

HSBC 7 3.123 1,729 15 18 2.293 0.830




Citi 11 2.227 1,233 11 54 0.362 1.865



KoreaInvestment&SecuritiesCo 14 1.913 1,059 4 23 1.484 0.429



WestpacBanking 17 1.715 950 13 15 2.415 -0.700

WooriFinancialGroupInc 18 1.628 901 4 64 0.269 1.359

ChinaMinshengBankingCorp 19 1.541 853 4 11 2.637 -1.096


TOTAL 100% 55,364 124 100%



NorthAsiaLoans(Bookrunner)FY2019 FY2018


BankofChina 1 19.481 44,765 268 1 18.231 1.250






HSBC 7 4.192 9,632 60 5 3.964 0.228





DBSGroup 12 1.937 4,450 31 16 1.594 0.343

BankofTaiwan 13 1.923 4,418 42 11 2.725 -0.802



DeutscheBank 16 1.386 3,184 13 25 1.013 0.373

ShanghaiAutomotiveGroupFinanceCoLtd 17 1.260 2,895 1 - - 1.260


ChinaMerchantsBank 19 1.211 2,783 15 15 1.673 -0.462

ChinaCiticBank 20 1.210 2,780 10 6 3.731 -2.521

TOTAL 100% 229,787 807 100%

NorthAsiaLoans(MandatedLeadArranger)FY2019 FY2018


BankofChina 1 17.567 56,652 380 1 17.840 -0.273


HSBC 3 4.308 13,894 141 5 3.398 0.910







DBSGroup 10 2.277 7,342 75 10 2.113 0.164






Citi 16 1.164 3,753 29 52 0.439 0.725

ChinaDevelopmentBank 17 1.163 3,750 25 2 5.867 -4.704


ShanghaiPudongDevelopmentBank 19 1.033 3,330 36 38 0.669 0.364

ChinaCiticBank 20 1.010 3,256 20 6 3.134 -2.124

TOTAL 100% 322,486 1,064 100%

Australia/NewZealandLoans(Bookrunner)FY2019 FY2018





WestpacBanking 4 8.706 5,423 29 4 6.601 2.105

HSBC 5 7.845 4,887 22 5 6.341 1.504




BankofChina 9 2.705 1,685 8 9 2.342 0.363

BNPParibas 10 2.412 1,503 7 14 1.508 0.904

Barclays 11 1.941 1,209 6 36 0.114 1.827

INGGroep 12 1.820 1,134 5 12 1.694 0.126


Citi 14 1.592 992 6 10 2.226 -0.634


RBCCapitalMarkets 16 1.134 707 2 18 1.047 0.087


JPMorgan 18 0.900 561 4 30 0.244 0.656

GoldmanSachs 19 0.878 547 4 16 1.220 -0.342

CreditSuisse 20 0.845 527 4 21 0.538 0.307

TOTAL 100% 62,288 162 100%

Australia/NewZealandLoans(MandatedLeadArranger)FY2019 FY2018





BankofChina 4 6.734 6,103 72 8 3.819 2.915

WestpacBanking 5 5.903 5,351 73 4 7.694 -1.791


HSBC 7 5.115 4,636 42 7 3.861 1.254




BNPParibas 11 1.894 1,717 21 13 2.030 -0.136

INGGroep 12 1.870 1,695 26 11 2.593 -0.723






Citi 18 1.248 1,131 13 15 1.800 -0.552

NorinchukinBank 19 1.134 1,028 7 33 0.492 0.642


TOTAL 100% 90,635 267 100%



AustraliaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm Rank MktShare(%) Volume(AUDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)




HSBC 4 9.488 7,001 22 6 5.692 3.796


WestpacBanking 6 7.230 5,335 20 4 6.989 0.241



BankofChina 9 3.257 2,403 8 9 2.842 0.415

BNPParibas 10 2.939 2,168 7 26 0.519 2.420

Barclays 11 2.586 1,908 7 - - 2.586

INGGroep 12 1.764 1,302 4 12 2.039 -0.275



GoldmanSachs 15 1.268 936 5 16 1.238 0.030


JPMorgan 17 1.096 809 4 - - 1.096


MorganStanley 19 0.979 722 2 - - 0.979

HPSInvestmentPartners 20 0.930 686 2 - - 0.930

TOTAL 100% 73,786 125 100%

AustraliaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm Rank MktShare(%) Volume(AUDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)




BankofChina 4 7.080 8,013 66 7 4.070 3.010

HSBC 5 6.723 7,608 43 9 3.708 3.015


WestpacBanking 7 5.091 5,762 56 4 8.184 -3.093




BNPParibas 11 2.196 2,485 21 15 1.923 0.273

INGGroep 12 2.138 2,420 25 12 2.705 -0.567






DBSGroup 18 1.387 1,569 15 26 0.810 0.577

NorinchukinBank 19 1.306 1,478 7 33 0.591 0.715


TOTAL 100% 113,166 213 100%

NewZealandBorrowerLoans(Bookrunner)FY2019 FY2018





WestpacBanking 4 10.789 853 7 6 1.175 9.614

Citi 5 8.544 675 3 4 4.494 4.050

CreditSuisse 6 3.246 257 1 - - 3.246


Macquarie 7 3.184 252 1 - - 3.184


HSBC 10 0.312 25 1 7 0.306 0.006


- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 7,902 31 100%

NewZealandBorrowerLoans(MandatedLeadArranger)FY2019 FY2018



CommonwealthBankAustralia 2 13.741 1,238 8 2 13.646 0.095

WestpacBanking 3 10.347 932 11 6 3.166 7.181

Citi 4 7.448 671 5 4 3.767 3.681

NationalAustraliaBank 5 6.601 595 9 3 6.656 -0.055


Macquarie 6 2.794 252 1 - - 2.794

BankofChina 8 2.092 188 3 12 1.381 0.711


ChinaConstructionBank 10 1.523 137 2 10 1.805 -0.282


HSBC 12 1.276 115 3 17 0.934 0.342


ExportDevelopmentCanada 14 0.788 71 1 - - 0.788

IntesaSanpaolo 14 0.788 71 1 - - 0.788

Oversea-ChineseBankingCorp 14 0.788 71 1 - - 0.788

SocieteGenerale 14 0.788 71 1 15 1.079 -0.291

CreditSuisse 18 0.570 51 1 - - 0.570


SiemensBankGmbH 19 0.487 44 1 - - 0.487

INGGroep 21 0.301 27 1 9 2.039 -1.738

Natixis 21 0.301 27 1 13 1.193 -0.892

RBCCapitalMarkets 21 0.301 27 1 15 1.079 -0.778

TOTAL 100% 9,008 43 100%



ChinaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm Rank MktShare(%) Volume(CNYMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

BankofChina 1 34.736 289,791 254 1 31.364 3.372




HSBC 5 4.075 33,992 34 7 4.482 -0.407


ShanghaiAutomotiveGroupFinanceCoLtd 7 2.397 20,000 1 - - 2.397

ChinaCiticBank 8 2.348 19,588 11 6 4.651 -2.303


DeutscheBank 10 1.686 14,065 8 15 1.183 0.503

BankofShanghai 11 1.657 13,825 3 57 0.090 1.567

DBSGroup 12 1.556 12,982 17 11 1.601 -0.045




Natixis 16 1.117 9,319 7 12 1.270 -0.153


CreditSuisse 18 1.027 8,566 5 14 1.240 -0.213


MorganStanley 20 0.948 7,910 6 - - 0.948

TOTAL 100% 834,263 424 100%

ChinaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm Rank MktShare(%) Volume(CNYMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

BankofChina 1 29.795 341,758 317 1 31.147 -1.352





HSBC 6 3.636 41,712 65 9 2.656 0.980


ChinaCiticBank 8 1.950 22,368 18 4 3.980 -2.030



DBSGroup 11 1.694 19,436 33 11 1.678 0.016


PingAnInsuranceGroup 13 1.314 15,069 14 61 0.142 1.172


BankofEastAsia 15 1.160 13,305 25 15 1.184 -0.024


PostalSavingsBankofChina 17 0.984 11,283 5 77 0.061 0.923

ChinaMinshengBankingCorp 18 0.925 10,612 21 13 1.260 -0.335

BofASecurities 19 0.879 10,080 6 42 0.281 0.598


TOTAL 100% 1,147,049 566 100%

TaiwanBorrowerLoans(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD


BankofTaiwan 1 15.303 3,808 34 1 17.291 -1.988


MegaFinancialHolding 3 9.596 2,388 27 2 14.642 -5.046

TaiwanCooperativeFinancialHoldingCoLtd

4 9.303 2,315 28 3 7.858 1.445

FirstCommercialBank 5 7.111 1,770 24 10 3.082 4.029

LandBankofTaiwan 6 6.821 1,697 23 4 7.256 -0.435

TaishinFinancialHoldingCoLtd 7 5.400 1,344 15 7 4.519 0.881

FubonFinancialHolding 8 5.232 1,302 21 5 6.511 -1.279


HuaNanFinancialHoldingsCoLtd 10 3.862 961 15 9 3.247 0.615


ChangHwaCommercialBank 12 2.633 655 11 8 3.422 -0.789


E.SunCommercialBank 14 2.061 513 9 18 1.284 0.777


DeutscheBank 16 1.793 446 1 - - 1.793

TaiwanBusinessBank 17 1.712 426 10 15 1.680 0.032


DBSGroup 19 1.026 255 2 11 3.006 -1.980

YuantaFinancialHoldingCoLtd 20 0.865 215 7 19 1.270 -0.405

TOTAL 100% 24,886 144 100%

TaiwanBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm RankMkt

Share(%)Volume(USD


LandBankofTaiwan 1 8.726 2,446 47 2 10.520 -1.794

TaiwanCooperativeFinancialHoldingCoLtd

2 7.233 2,028 50 4 7.573 -0.340

BankofTaiwan 3 7.133 2,000 42 3 8.815 -1.682

HuaNanFinancialHoldingsCoLtd 4 7.022 1,969 34 5 5.480 1.542

MegaFinancialHolding 5 6.736 1,888 42 1 10.661 -3.925

FirstCommercialBank 6 6.161 1,727 48 10 3.721 2.440

CTBCFinancialHolding 7 4.678 1,311 28 7 4.708 -0.030

TaishinFinancialHoldingCoLtd 8 4.553 1,276 22 6 5.444 -0.891

ChangHwaCommercialBank 9 3.807 1,067 31 9 3.827 -0.020

FubonFinancialHolding 10 3.486 977 26 8 4.200 -0.714

TaiwanBusinessBank 11 3.258 913 27 16 2.125 1.133

E.SunCommercialBank 12 3.074 862 18 14 2.578 0.496

DBSGroup 13 2.462 690 9 12 2.911 -0.449



SinoPacFinancialHoldings 16 1.868 524 15 13 2.683 -0.815


CathayUnitedBank 18 1.814 509 10 11 3.241 -1.427


KGIBank 20 1.661 466 13 18 1.494 0.167

TOTAL 100% 28,036 147 100%



HongKong/MacauLoans(Bookrunner)FY2019 FY2018


HSBC 1 10.468 8,845 47 1 10.908 -0.440


BankofChina 3 6.599 5,576 33 4 7.266 -0.667



DBSGroup 6 3.805 3,215 19 14 2.150 1.655


Citi 8 3.153 2,664 11 19 1.385 1.768

DeutscheBank 9 3.127 2,642 10 12 2.387 0.740





GoldmanSachs 14 2.513 2,124 9 28 0.842 1.671

CreditSuisse 15 2.251 1,902 9 22 1.295 0.956

MorganStanley 16 2.066 1,746 9 - - 2.066



JPMorgan 19 1.617 1,366 6 - - 1.617

BNPParibas 20 1.515 1,280 5 8 3.054 -1.539

TOTAL 100% 84,498 141 100%

HongKong/MacauLoans(MandatedLeadArranger)FY2019 FY2018


HSBC 1 9.203 12,363 110 1 8.115 1.088

BankofChina 2 8.577 11,522 95 2 7.439 1.138




DBSGroup 6 4.242 5,699 44 6 4.052 0.190





Citi 11 2.566 3,447 23 33 0.763 1.803



BankofEastAsia 14 2.089 2,806 36 11 2.555 -0.466



BofASecurities 17 1.724 2,315 10 25 1.233 0.491


ChinaMinshengBankingCorp 19 1.542 2,072 24 16 1.974 -0.432

MorganStanley 20 1.458 1,959 11 7 3.561 -2.103

TOTAL 100% 134,339 227 100%

HongKongBorrowerLoans(Bookrunner)FY2019 FY2018

Firm Rank MktShare(%) Volume(HKDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

HSBC 1 11.382 28,153 19 1 16.228 -4.846


DBSGroup 3 6.693 16,554 10 17 1.891 4.802



BankofChina 6 5.681 14,052 9 2 8.211 -2.530






Citi 12 2.606 6,446 4 15 2.523 0.083

CreditSuisse 13 2.549 6,305 5 31 0.779 1.770



MorganStanley 16 1.922 4,755 4 - - 1.922


GoldmanSachs 18 1.748 4,324 3 - - 1.748

JPMorgan 18 1.748 4,324 3 - - 1.748

INGGroep 20 1.717 4,246 3 36 0.465 1.252

TOTAL 100% 247,348 47 100%

HongKongBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm Rank MktShare(%) Volume(HKDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

HSBC 1 9.658 42,400 55 1 11.605 -1.947

BankofChina 2 7.924 34,790 44 2 8.742 -0.818

DBSGroup 3 6.346 27,860 30 5 4.390 1.956








Citi 11 2.618 11,492 11 30 0.748 1.870




ChongHingBank 15 1.866 8,190 14 32 0.649 1.217

ChinaMerchantsBank 16 1.857 8,154 8 23 1.450 0.407

BNPParibas 17 1.852 8,132 10 10 2.814 -0.962

BankofEastAsia 18 1.845 8,102 15 14 2.420 -0.575

ChinaCindaAssetManagement 19 1.827 8,021 10 12 2.741 -0.914


TOTAL 100% 439,031 97 100%



SouthKoreaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm RankMkt

Share(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)





WooriFinancialGroupInc 5 2.637 919 4 4 5.403 -2.766

HanaFinancialGroupInc 6 2.192 764 5 7 2.588 -0.396

KoreaInvestment&SecuritiesCo 7 1.610 561 4 9 2.055 -0.445


SamsungSecuritiesCoLtd 9 0.836 292 1 10 1.427 -0.591

IndustrialBankofKorea 10 0.582 203 1 6 2.857 -2.275

NationalAgriculturalCooperativeFederation

11 0.537 187 3 13 0.883 -0.346

YuantaSecurities 12 0.466 162 2 - - 0.466

MiraeAssetDaewooCoLtd 13 0.348 121 1 5 3.924 -3.576

ShinyoungSecuritiesCoLtd 14 0.313 109 1 - - 0.313

BNKFinancialGroup 15 0.303 106 1 - - 0.303

HanwhaLifeInsuranceCoLtd 16 0.285 99 1 21 0.285 0.000

KyoboLifeInsuranceCoLtd 16 0.285 99 1 20 0.375 -0.090

BankofChina 18 0.104 36 1 - - 0.104

GwangjuBank 19 0.065 23 1 - - 0.065

- - - - - - - -

TOTAL 100% 34,861 151 100%

SouthKoreaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018







WooriFinancialGroupInc 6 3.933 1,866 10 4 4.985 -1.052

KoreaInvestment&SecuritiesCo 7 3.398 1,612 10 9 2.325 1.073

MiraeAssetDaewooCoLtd 8 2.813 1,335 6 6 3.930 -1.117

NationalAgriculturalCooperativeFederation 9 1.583 751 10 11 1.913 -0.330

SamsungSecuritiesCoLtd 10 1.126 534 4 10 2.153 -1.027

IndustrialBankofKorea 11 0.891 423 4 7 3.845 -2.954


MeritzSecuritiesCoLtd 13 0.686 325 3 19 0.665 0.021

ChinaConstructionBank 14 0.584 277 4 47 0.101 0.483

Export-ImportBankofKorea 15 0.562 267 2 12 1.326 -0.764

BNPParibas 16 0.501 238 3 28 0.448 0.053


DarbyHanaInfrafundAssetManagement 18 0.436 207 1 - - 0.436

KiwoomSecuritiesCoLtd 19 0.402 191 2 - - 0.402

YuantaSecurities 20 0.342 162 2 46 0.115 0.227

TOTAL 100% 47,450 202 100%

IndiaBorrowerLoans(Bookrunner)FY2019 FY2018

Firm Rank MktShare(%) Volume(INRMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)


AxisBankLtd 2 16.865 391,218 25 1 11.938 4.927

YesBank 3 8.537 198,028 47 3 9.813 -1.276


IndusindBankLtd 5 4.593 106,543 20 8 4.451 0.142

ICICI 6 4.412 102,339 11 2 9.823 -5.411



WestpacBanking 9 3.558 82,527 6 24 0.829 2.729

DBSGroup 10 3.193 74,071 13 9 4.308 -1.115


L&TFinancialServices 12 2.770 64,255 11 6 4.520 -1.750



Barclays 15 1.919 44,516 7 14 2.599 -0.680

HSBC 16 1.341 31,117 9 13 2.843 -1.502


JPMorgan 18 1.154 26,778 1 22 0.914 0.240

Rabobank 18 1.154 26,778 1 - - 1.154

BofASecurities 20 0.785 18,216 6 21 1.248 -0.463

TOTAL 100% 2,319,751 159 100%

IndiaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018

Firm Rank MktShare(%) Volume(INRMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)


AxisBankLtd 2 13.238 357,795 26 2 8.968 4.270

YesBank 3 7.327 198,028 47 4 7.013 0.314


IndusindBankLtd 5 4.060 109,743 21 9 3.954 0.106

ICICI 6 4.002 108,170 13 3 8.122 -4.120




DBSGroup 10 3.132 84,652 17 12 2.878 0.254

L&TFinancialServices 11 2.828 76,430 11 8 4.011 -1.183


HSBC 13 2.362 63,851 12 14 2.654 -0.292


Barclays 15 1.441 38,939 8 16 2.039 -0.598

Rabobank 16 1.119 30,234 5 - - 1.119

Citi 17 1.100 29,718 6 13 2.788 -1.688

JPMorgan 18 1.074 29,020 4 25 0.757 0.317

WestpacBanking 19 1.038 28,048 6 34 0.443 0.595


TOTAL 100% 2,702,783 174 100%



SingaporeBorrowerLoans(Bookrunner)FY2019 FY2018



DBSGroup 2 10.169 2,295 17 1 13.876 -3.707



Maybank 5 5.803 1,310 11 5 5.059 0.744




BankofChina 9 4.251 959 8 15 2.192 2.059

HSBC 10 3.927 886 9 9 4.138 -0.211

BNPParibas 11 3.593 811 6 20 1.061 2.532

DeutscheBank 12 3.457 780 5 11 3.551 -0.094


BofASecurities 14 2.813 635 3 - - 2.813


WestpacBanking 16 1.517 342 2 13 2.775 -1.258

Citi 17 1.213 274 2 35 0.316 0.897

Natixis 18 1.180 266 4 27 0.481 0.699

Nordea 19 1.070 241 2 - - 1.070

INGGroep 20 0.950 214 4 14 2.431 -1.481

TOTAL 100% 22,568 51 100%

SingaporeBorrowerLoans(MandatedLeadArranger)FY2019 FY2018



DBSGroup 2 13.117 5,606 47 3 12.440 0.677



HSBC 5 4.685 2,003 20 7 3.599 1.086

Maybank 6 4.627 1,978 22 5 4.491 0.136


BankofChina 8 3.607 1,542 18 4 5.547 -1.940



BNPParibas 11 2.233 954 11 16 1.830 0.403



HongLeongFinancialGroupBhd 14 1.816 776 7 23 0.852 0.964

DeutscheBank 15 1.784 762 6 15 1.868 -0.084

CreditSuisse 16 1.742 745 2 31 0.495 1.247

Citi 17 1.691 723 7 26 0.567 1.124

BofASecurities 18 1.525 652 4 39 0.306 1.219

Scotiabank 19 1.438 615 6 - - 1.438

INGGroep 20 0.972 415 8 18 1.353 -0.381

TOTAL 100% 42,741 94 100%

IndonesiaBorrowerLoans(Bookrunner)FY2019 FY2018


BankMandiri 1 16.212 2,657 22 1 20.368 -4.156





CIMB 6 6.033 989 13 4 6.103 -0.070


BankCentralAsia 8 4.516 740 10 3 7.105 -2.589


DBSGroup 10 3.577 586 9 12 3.090 0.487


Citi 12 2.001 328 5 15 2.586 -0.585

Oversea-ChineseBankingCorp 13 1.984 325 7 7 4.062 -2.078

Maybank 14 1.833 300 3 18 1.832 0.001


BNPParibas 16 1.693 277 2 10 3.444 -1.751

SaranaMultiInfrastrukturPerseroPT 17 1.442 236 3 11 3.260 -1.818

CTBCFinancialHolding 18 1.438 236 5 25 0.614 0.824

HSBC 19 1.329 218 3 27 0.490 0.839

DeutscheBank 20 1.265 207 1 28 0.435 0.830

TOTAL 100% 16,389 62 100%

IndonesiaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018


BankMandiri 1 13.634 3,400 34 1 15.598 -1.964



CIMB 4 6.484 1,617 20 5 5.055 1.429


BankCentralAsia 6 5.815 1,450 17 3 7.056 -1.241

DBSGroup 7 4.701 1,173 18 11 3.114 1.587


Oversea-ChineseBankingCorp 9 3.056 762 17 10 3.327 -0.271

UnitedOverseasBank 10 2.874 717 10 13 2.998 -0.124

Maybank 11 2.704 674 7 9 3.409 -0.705

BankofChina 12 2.697 673 10 21 1.300 1.397



BNPParibas 15 1.892 472 9 17 2.093 -0.201

HSBC 16 1.846 460 10 19 1.627 0.219

SaranaMultiInfrastrukturPerseroPT 17 1.751 437 5 12 3.086 -1.335

Citi 18 1.584 395 9 16 2.329 -0.745


CTBCFinancialHolding 20 1.245 311 8 29 0.456 0.789

TOTAL 100% 24,940 85 100%



MalaysiaBorrowerLoans(Bookrunner)FY2019 FY2018



CIMB 2 14.936 3,709 9 - - 14.936



BankofChina 5 9.063 2,250 2 - - 9.063


HSBC 7 8.580 2,130 3 2 19.428 -10.848


Maybank 9 6.107 1,516 7 7 1.304 4.803

DBSGroup 10 2.108 523 2 13 0.748 1.360


SumitomoMitsuiFinancial 12 0.720 179 2 10 1.218 -0.498

Al-RajhiBanking&InvestmentCorp 13 0.403 100 1 - - 0.403

BNPParibas 13 0.403 100 1 10 1.218 -0.815

Natixis 15 0.201 50 1 12 1.160 -0.959

RHB 16 0.197 49 1 - - 0.197

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 24,830 18 100%

MalaysiaBorrowerLoans(MandatedLeadArranger)FY2019 FY2018



Maybank 2 9.213 2,449 11 9 2.987 6.226



CIMB 5 8.216 2,184 11 10 2.514 5.702



DBSGroup 8 5.893 1,566 5 5 9.365 -3.472

HSBC 9 4.607 1,225 4 6 8.899 -4.292


BankofChina 11 3.984 1,059 3 18 0.518 3.466

AmInvestmentBankBhd 12 3.903 1,037 3 12 1.478 2.425


Industrial&CommBankofChina 14 3.848 1,023 2 - - 3.848

JPMorgan 14 3.848 1,023 2 - - 3.848

RHB 16 0.636 169 2 21 0.367 0.269

BankIslamMalaysiaBerhad 17 0.451 120 1 - - 0.451

Export-ImportBankofMalaysiaBhd 18 0.427 113 2 - - 0.427

Natixis 19 0.414 110 2 16 0.908 -0.494

INGGroep 20 0.376 100 2 11 2.158 -1.782

TOTAL 100% 26,582 28 100%

ThailandBorrowerLoans(Bookrunner)FY2019 FY2018



SumitomoMitsuiFinancial 2 45.716 430 1 - - 45.716

BankofTaiwan 3 7.439 70 1 - - 7.439

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 941 3 100%

ThailandBorrowerLoans(MandatedLeadArranger)FY2019 FY2018




BankofEastAsia 3 4.691 215 1 - - 4.691

BankofChina 4 3.204 147 1 11 2.965 0.239

ExportImportBankofThailand 4 3.204 147 1 - - 3.204


DBSGroup 7 2.617 120 1 - - 2.617

Maybank 7 2.617 120 1 2 16.090 -13.473


UnitedOverseasBank 7 2.617 120 1 11 2.965 -0.348

BankofTaiwan 11 0.509 23 1 - - 0.509

HuaNanFinancialHoldingsCoLtd 11 0.509 23 1 - - 0.509

MegaFinancialHolding 11 0.509 23 1 - - 0.509

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 4,585 5 100%

Bloomberg Syndicated Loans - League Tables Criteria

General Guidelines

For a signed, syndicated loan transaction to receive credit in Bloomberg league tables, Bloomberg must be notified of the following information:

• Borrower (and parent/guarantor if applicable) • Tranche amounts and types• Total Deal amount • Capital structure rank• Signing/execution/funding date • Syndicate list with titles & branch locations• Maturity date and tenor • Agent(s)• Borrower country of domicile/incorporation • Market of Syndication

Credit will be awarded as of the signing date of the credit agreement, regardless of subsequent events related to the transaction. Examples of subsequent events include retirement, refinancing or withdrawal of a signed Deal, or further syndication taking place (whether primary or secondary). Asia Pacific ex-Japan and EMEA loans signed in senior syndication (documentation required) are awarded credit on the syndication completion date.

Amendments / Amended and Restated Agreements Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only:

• Maturity extensions of 3 months or more, with a limit of one extension per tranche per calendar year;• Increases in deal size, credited on an incremental basis only if the commitment amount is increased;• Reduction in pricing. This includes deals where there has been a reduction of the tranche's floor that results in an overall pricing

reduction;• Full release of collateral.

Eligible Roles and Credit Allocation Full credit is split equally between bank(s) sharing the highest title on a loan. Mandated lead arrangers or bookrunners under the same parent are treated as one bank. There is no limit to the number of mandated lead arranger or bookrunner titles on any syndicated loan.

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

margin at signing of LIBOR / EURIBOR +250 or higher and a leverage multiple greater than 4.5x.

APAC Loans must meet both of the below criteria to be considered Leveraged:a. primary use of proceeds is LBO, MBO, recapitalization, secondary buyout;b. a private equity sponsor is present.

Bloomberg Syndicated Loans - League Tables Criteria

Table Types • Investment Grade Loans

Loans or Borrowers with one or more Investment Grade ratings are automatically considered Investment Grade. Where a Loan or Borrower receivessplit ratings, the transaction will be credited to the relevant Investment Grade table.Unrated Loans will be considered Investment Grade if they are unsecured and have a margin at close of 175 BPS or less (US), 150 BPS or less(EMEA), and in APAC the tranche will be considered Other.

a. In APAC, the Sovereign rating of the borrower must be investment grade.

Leveraged:

•

For the purposes of League Table credit, Loans meeting one or more of the following criterion are considered Leveraged:

• US Loansa. rated BB+ or lower;b. unrated Loans where the borrowing entity has a non-Investment Grade rating;c. primary use of proceeds is LBO, MBO, recapitalization, secondary buyout;d. a private equity sponsor is present;e. If neither the Loan nor the Borrower are rated and the US Loan has a margin at signing of LIBOR +175bps or higher and is secured by a lien.

• EMEA Loansa. primary use of proceeds is LBO, MBO, recapitalization, secondary buyout;b. a private equity sponsor is present;c.

Exclusions • Bilateral transactions;• Transactions with a maturity of less than three months;• Cancelled or withdrawn transactions that are not signed prior to the deal’s cancellation or withdrawal;• Securitizations, receivable or guarantee facilities that are amended/restated;• Loan pacts, standalone guarantee facilities/letters of credit.

The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on LEAG<GO>.

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

Documents

GLOBAL SYNDICATED LOANS - Bloomberg Finance L.P. · 2020. 1. 2. · Credit Suisse 4 5.583 30,166 202 3 6.971 -1.388 Barclays 5 5.229 28,252 192 5 5.816 -0.587 Deutsche Bank 6 4.807