Scandlines succeeds despite demanding tougher terms

Prospective lenders recommitted to Scandlines’ €875m refinancing package on Wednesday, after the German-Danish ferry operator changed the terms and pricing of the debt in its favour late last week.

  • By Olivier Holmey
  • 01 Nov 2013

Some investors withdrew their original commitments, a lead banker told EuroWeek on Thursday. But the vast majority supported the changes, leaving the book with a healthy oversubscription, the banker added.

Commitments will have to be scaled back. The leads expect to allocate the paper on Friday at the ...

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 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%