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Europe: Five largest Debt Offering deals by value in the Construction sector (LTM June 2022)

  • A total of 487 Debt Offering deals (pending and completed) were announced in the Construction of the Europe region, in the last twelve months resulting in a total deal value of over $200,440.5 million. In the LTM period, September 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $30,859.9 million, resulting in an average deal value of $532.1 million during that month. On the other hand, the month of November 2021 was the most prolific in terms of deal volume, recording a total of 61 deals, resulting in an average deal value of $384.9 million during that month.

  • Of the 487 deals, the deal secured between Banca Popolare di Sondrio; CaixaBank SA; Cassa Depositi e Prestiti SpA; Credit Agricole CIB SA; Intesa Sanpaolo SpA; UniCredit SpA and Ferrovie Dello Stato Italiane SpA, was the largest Debt Offering deal in the Europe Construction sector, which was valued at $2,982.9 million and was completed on June 25, 2021. The second-largest deal was between UK Export Finance and Government of Turkey, while the third-largest deal was between BNP Paribas SA; Canadian Imperial Bank of Commerce; Lloyds Bank Plc; MUFG Bank Ltd; NatWest Group Plc; Santander UK PLC; SMBC; Societe Generale SA; The Toronto-Dominion Bank; Wells Fargo & Co and Lightsource BP Renewable Energy Investments Ltd. The UK Export Finance-Government of Turkey deal and the BNP Paribas SA; Canadian Imperial Bank of Commerce; Lloyds Bank Plc; MUFG Bank Ltd; NatWest Group Plc; Santander UK PLC; SMBC; Societe Generale SA; The Toronto-Dominion Bank; Wells Fargo & Co-Lightsource BP Renewable Energy Investments Ltd deal were valued at $2,308.4 million and $1,800.0 million, respectively. The fourth-largest deal was between Ares Management Corp-RSK Group Ltd valued at $1,386.3 million, whereas the deal between Aresbank; Banco Cooperativo Espanol SA; Banco de Sabadell SA; Banco Santander SA; Bank of America Europe Designated Activity Company; Barclays Bank Ireland PLC; BBVA; BNP Paribas SA; CaixaBank SA; Citibank Europe plc; Credit Agricole Corporate and Investment Bank SA; Deutsche Bank (Espana); Deutsche Bank Luxembourg SA; Goldman Sachs Bank USA; Ibercaja Banco SA; Industrial and Commercial Bank of China (Europe) S.A.; Intesa Sanpaolo SpA; JP Morgan SE; Kutxabank SA; Socgen Financiaciones Iberia. S.L; Societe Generale SA; Unicaja Banco SA; UniCredit Bank Austria AG-El Corte Ingles SA valued at $1,195.0 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $9,672.6 million and accounted for nearly 4.83% of the total deals (by value) announced during the last twelve months. The Europe region accounted for 41.11% of the total Debt Offering deals done globally, and accounted for 0.44% of the total deal size on a global scale.

Europe: Five largest Debt Offering deals by value in the Construction sector (LTM June 2022)

Published: June 2022
Source: GlobalData

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