Alcatel-Lucent to reprice term loan, again

The US subsidiary of telecoms firm Alcatel-Lucent is seeking to reprice a $1.737bn term loan ‘C’, only four months after the deal was first repriced.

  • By Olivier Holmey
  • 13 Dec 2013

The transaction, launched on Wednesday December 11, is intended to cut at least 125bp from the term loan’s margin — from 475bp over Libor to 325bp-350bp. The term loan will retain a 1% Libor floor.

Before the previous repricing — signed on August 16 — the margin on the January 2019 term loan was ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%