Albéa's $150m dividend PIK toggle delayed

Albéa Beauty hopes to be the next issuer to add a PIK toggle bond to its capital structure, after the flurry of payment-in-kind structures sold this autumn. However, the deal's timetable has slipped.

  • By Stefanie Linhardt
  • 08 Nov 2013

“I wouldn’t say it’s going exceptionally well,” said one banker on Thursday.

The $150m deal for the French cosmetics packaging company was expected to be priced on Wednesday US time, but no timetable update was known when EuroWeek went to press on Thursday.

The deal is being led by JP ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%