CPA Global cuts margins, increases euro tranches

CPA Global, the UK intellectual property service provider, has reverse-flexed its new loan and increased its euro share after receiving strong demand from European investors.

  • By Olivier Holmey
  • 19 Nov 2013

The seven year term loan ‘B’ in euros has grown from €250m to €330m, while the dollar term loan ‘B’ has been reduced by $65m to $300m.

The 7.5 year second lien tranche, meanwhile, is changing from $300m in dollars only to $230m and €50m.

CPA Global has ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

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

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
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%